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Vancouver, British Columbia--(Newsfile Corp. - July 16, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that as a result of strong investor demand, the Company has amended its agreement with Velocity Trade Capital Ltd. ("Velocity") to increase the size of its previously announced "best efforts" public offering (the "Offering").

BASE SHELF PROSPECTUS IS ACCESSIBLE, AND THE PROSPECTUS SUPPLEMENT WILL BE ACCESSIBLE WITHIN TWO BUSINESS DAYS, ON SEDAR+ Vancouver, British Columbia--(Newsfile Corp. - July 15, 2026) - Scorpio Gold Corporation (TSXV: SGN) (OTCQB: SRCRF) (FSE: RY9) ("Scorpio Gold" or the "Company") is pleased to announce that it has entered into an agreement with Velocity Trade Capital Ltd. ("Velocity") acting as lead agent and sole…

Highlights Hole 26MN-090 returned, along the Zanzibar Trend: 0.91 g/t gold over 20.63 metres ("m") from 74.38 m and 16.47 g/t gold over 2.35 m from 143.41 m within the Gold Hill Formation. Hole 26MN-099 returned, along the Zanzibar Trend: 0.88 g/t gold over 18.59 m from 98.76 m at the Zanzibar-Gold Hill Formation stratigraphic contact, including 1.28 g/t gold over 9.45 m from 101.19 m.

Highlights Hole 26MN-096 returned, at Black Mammoth: 2.56 g/t gold over 13.38 metres ("m") from 293.28 m, including 8.38 g/t gold over 3.84 m from 298.95 m within Manhattan Caldera volcanics. Significant mineralization, found in multiple holes, including 26MN-096, is hosted within volcanics of the Manhattan Caldera - like the setting at the Round Mountain Gold Mine, where broad zones of gold mineralization occur…

Highlights Hole 26MN-091 returned 6.95 g/t gold over 11.98 metres ("m") from 242.99 m, including visible gold noted in 65.99 g/t gold over 1.16 m from 250.76 m within volcanics at Goldwedge, along Caldera Margin. The characteristics of 26MN-091 provide us with a "proof of concept" confirmation that Round Mountain style mineralization exists within the Manhattan Caldera.