Scorpio Gold Clarifies Trading Halt
Scorpio Gold (SGLD) reports that the trading halt imposed earlier on September 2, 2026, was applied in error and that it has requested trading in its common shares and American Depositary Shares to resume.
Rhea-AI Summary
Scorpio Gold (SGLD) reports that the trading halt imposed earlier on September 2, 2026, was applied in error and that it has requested trading in its common shares and American Depositary Shares to resume.
Scorpio Gold holds a 100% interest in the Manhattan District in Nevada’s Walker Lane Trend, covering approximately 4,780 hectares. The district includes the advanced exploration-stage Goldwedge Mine and four past-producing pits acquired from Kinross in 2021. The company highlights the area’s over 140,000 metres of historical drilling, resource potential, and existing permitting and water rights. Scorpio Gold is listed on Nasdaq, TSXV, OTCQB and the Frankfurt Stock Exchange under various symbols linked to SGLD and SRCRF.
Positive
- None.
Negative
- None.
News Market Reaction – SRCRF
In the Sep 2 session, SRCRF gained 44.25%, reflecting a significant positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Aug 27 | NASDAQ listing approval | Positive | -3.8% | NASDAQ listing approved, ADS structure preserved existing capital structure without share consolidation |
| Aug 10 | Phase 2 drilling results | Positive | +14.4% | Drilling reported multiple gold intercepts across Goldwedge and Zanzibar Trend targets |
| Jul 14 | Phase 2 drilling results | Positive | -2.6% | Goldwedge drilling produced a broad mineralized interval with higher-grade sub-intervals |
| Jun 24 | Phase 2 drilling results | Positive | -5.1% | Black Mammoth drilling identified mineralization beyond the inferred resource-constraining pit |
| Jun 9 | Phase 2 drilling results | Positive | -3.0% | Goldwedge drilling returned high-grade gold and expanded caldera exploration area |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Positive project and listing announcements historically diverged from trading performance in four of five recent events.
Key Terms
trading halt regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Vancouver, British Columbia--(Newsfile Corp. - September 2, 2026) - Scorpio Gold Corporation (NASDAQ: SGLD) (TSXV: SGLD) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold", or the "Company") announces that the trading halt imposed earlier today was done in error. The Company has requested that trading in its common shares and American Depositary Shares ("ADSs") resume.
About Scorpio Gold Corp.
Scorpio Gold holds a
ON BEHALF OF THE BOARD OF SCORPIO GOLD CORPORATION
Zayn Kalyan, Chief Executive Officer and Director
Tel: (604)-252-2672
Email: zayn@scorpiogold.com
Investor Relations Contact:
Kin Communications Inc.
Tel: (604) 684-6730
Email: SGLD@kincommunications.com
Connect with Scorpio Gold:
Email | Website | Facebook | LinkedIn | X | YouTube
To register for investor updates please visit: scorpiogold.com
(NASDAQ: SGLD) (TSXV: SGLD) (FSE: RY9)
Forward-Looking Statements
This news release contains "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are based on the beliefs, estimates and opinions of management as of the date hereof and are subject to known and unknown risks and uncertainties. Readers are cautioned not to place undue reliance on forward-looking statements, which are not guarantees of future performance. Forward-looking statements in this news release relate to the Company's expectation that trading in its common shares and ADSs will resume. Actual results may differ materially from those anticipated due to factors including regulatory actions and market conditions. Risks and uncertainties are described in the Company's continuous disclosure filings available on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. The forward-looking information in this news release is made as of the date hereof. The Company undertakes no obligation to update this information except as required by applicable laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312633