Aug 13 (Reuters) - Scorpio Gold Corp SGN.V :
* SCORPIO GOLD ANNOUNCES FORBEARANCE AGREEMENT
* FORBEARANCE AGREEMENT IN CONNECTION WITH REPAYMENT OF A LOAN ADVANCED FROM LENDER TO CO IN PRINCIPAL AMOUNT OF US$6 MILLION
* LENDER AGREED TO NOT EXERCISE ITS RIGHTS AND REMEDIES IN CONNECTION WITH LOAN AND EXTEND MATURITY DATE TO OCT 15
* CO WILL USE PERIOD UNTIL OCTOBER 15 TO COMPLETE ITS REVIEW OF POTENTIAL STRATEGIC ALTERNATIVES, INCLUDING POSSIBLE SALE TRANSACTION