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A Canadian-based gold producer.

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Message: BRIEF-Scorpio Gold Says Cash Flow Will Soon Be Insufficient To Support Co
 
2018-08-28 06:19:11 PM ET (Reuters)
   
   

Aug 28 (Reuters) - Scorpio Gold Corp:

* SCORPIO GOLD REPORTS FINANCIAL RESULTS FOR SECOND QUARTER OF 2018

* SCORPIO GOLD CORP QTRLY ADJUSTED EARNINGS PER SHARE $0.00

* SCORPIO GOLD CORP QTRLY BASIC & DILUTED EARNINGS PER SHARE $0.00

* SCORPIO GOLD CORP QTRLY REVENUE OF $2.5 MILLION, COMPARED TO $6.3 MILLION DURING Q2 OF 2017

* SCORPIO GOLD CORP - CASH FLOW FROM OPERATIONS WILL SOON BE INSUFFICIENT TO SUPPORT COMPANY

* SCORPIO GOLD - DOES NOT EXPECT IT WILL BE ABLE TO GENERATE SUFFICIENT CASH FLOWS FROM OPERATIONS TO CONTINUE AS A GOING CONCERN IN NEAR FUTURE

* SCORPIO GOLD - EVALUATING BUSINESS ALTERNATIVES, WHICH INVOLVE REFINANCING LONG-TERM DEBT, RAISING REQUIRED CAPITAL

* SCORPIO GOLD - WILL NEED TO RAISE ADDITIONAL CAPITAL TO SUPPORT OPERATIONS, TO SETTLE LONG-TERM DEBT Source text for Eikon: Further company coverage:

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