OTC

otcA Junior Nevada Gold Miner Just Landed on the Nasdaq

Scorpio Gold's American Depositary Shares started trading on a US exchange on September 1. The next day, every listing was halted — and the company said the halt was a mistake.

3 September 2026 ·PennyStocksNews Team ·2 min read

A Junior Nevada Gold Miner Just Landed on the Nasdaq — Illustration: mining sector, not the company's own operations. Mt. Simon Sandstone (Middle Cambrian; Warren County core, Ohio, USA) 1 — James St. John, CC BY-SA 4.0, via Wikimedia Commons.

Scorpio Gold started trading on a US exchange on September 1. The next day, trading across all its listings was halted. The company said it was done in error and asked for trading to resume.

SCORPIO GOLD CORP OTC: SRCRF

The listing gives US investors a way to hold the stock through Nasdaq without going through a Canadian or German exchange. Each American Depositary Share bundles 20 common shares into a single unit, traded under the ticker SGLD. For existing holders, nothing changes — shares held on the TSX Venture Exchange, OTCQB, or Frankfurt Stock Exchange continue to trade under their current symbols, the company said in its September 1 announcement.

Converting to ADSs is optional and currently free. The company said the issuance fee is waived through November 25; after that, the fee is US$5.00 for every 100 ADSs issued. Bank of New York Mellon administers the program.

Common shares on the OTCQB closed 44.25% higher at $0.3462 on September 3, on dollar volume of about $1.76 million across 323 trades, after the company announced the listing and the erroneous halt.

The company did not say what caused the September 2 halt — its first full trading day on the new exchange.

The movers, before the open.