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Scottie Resources Announces 98% Uptake on Accelerated Warrant Exercise for $2.54 Million

Related Topics: Vancouver, TSX Venture Exchange

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VANCOUVER, British Columbia, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Scottie Resources Corp. (“Scottie” or the “Company”) (TSXV: SCOT), is pleased to announce that it has received $2,542,464.54 from the exercise of 11,556,657 previously issued warrants associated with a financing in the autumn of 2019. On behalf of the Company, the board and management are grateful for the continued support of its shareholders as we continue to advance our Golden Triangle projects, notably the Scottie Gold Project.

President and CEO, Bradley Rourke commented “With an exercise rate of 98% our shareholders have resoundingly endorsed our vision for Scottie and its inherent capacity for continued success.