Scorpio Gold FY26 H1 net loss widens to $3.12 million; no revenue

• Scorpio Gold posted a net loss of $3.12 million for the six months ended June 30, 2026, widening from $2.36 million.
• Quarterly results turned to a net loss of $1.74 million, versus net income of $1.29 million a year earlier.
• Share-based compensation jumped to $1.92 million for the six-month period, up from $154,761, lifting costs.
• Cash and equivalents fell to $2.59 million at June 30, 2026, from $8.34 million at Dec. 31, 2025.
• Subsequent to quarter-end, it raised gross proceeds of C$10.8 million in a public offering priced at C$0.25 per share.

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