Scorpio Gold plans Manhattan Property exploration with up to $10 million share offering at $0.25 per share

• Scorpio Gold upsized a best-efforts public offering to raise up to $10 million through the sale of 40,000,000 common shares at $0.25.
• Planned use of proceeds targets exploration at the Manhattan Property, with remaining funds allocated to general corporate purposes and working capital.
• Agents received a 30-day option to buy up to 6,000,000 additional shares on the same terms to support market stabilization.
• Closing targeted on or about July 23, 2026, subject to required regulatory clearances, including TSXV acceptance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Scorpio Gold Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 202607160922NEWSFILECNPR____20260716_305436_1) on July 16, 2026, and is solely responsible for the information contained therein.