Scorpio Gold Corp. (SRCRF)

[Belgie24]

Scorpio Gold completes acquisition of Goldwedge and Pinon. Some interesting things in the PR. Scorpio assumes $16 million in debt to Waterton but at a very favorable 8% interest rate. Also talk of toll milling at Goldwedge. And the royalties due Waterton were reworked more favorably towards Scorpio, in exchange for issuing 7.5 million shares of SGN to Waterton.

Now on to the mining and milling.

http://www.scorpiogold.com/s/news.asp?ReportID=562835