Pasofino Gold Ltd. provides an update today that it has received a receipt for a final short form prospectus filed in each of the provinces of Canada, except for Québec, in connection with the previously announced marketed offering of common shares of the Company . The Prospectus provides that the Company will issue and sell 128,571,500 Offered Shares for aggregate gross proceeds of $9,000,005. The Offering is being [...]
Pasofino Gold Ltd. is pleased to announce that it has entered into an agreement to sell its 50% interest in the advanced-stage Roger Gold-Copper Project located in Quebec's prolific Abitibi Greenstone Belt to QC Copper & Gold . The purchase price under the Transaction is $2,250,000, payable as $1,000,000 in cash and $1,250,000 in shares of QC Copper & Gold. The closing of the transaction is subject to, among other things [...]
Pasofino Gold Ltd. provides an update today that it has filed an amended and restated preliminary short form prospectus in connection with the previously announced marketed offering of common shares of the Company . The Amended and Restated Prospectus provides that the price of the Offered Shares to be issued and sold pursuant to the Offering will be C$0.07 per Offered Share. The size of the Offering is expected to be [...]
Pasofino Gold Ltd. is pleased to announce that Hummingbird Resources Inc. has received results from a further twelve holes drilled at the Dugbe F deposit. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest . Highlights Results for intersections of the flat-to-gently dipping main mineralised layer in 12 'new' holes-Table 1, and for a previously [...]
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Pasofino Gold Ltd. announces that it has filed a preliminary short form prospectus with respect to a marketed offering of common shares of the Company at a price and size to be determined in the context of the market. The Offering will be conducted on a best-efforts agency basis under the terms of an agency agreement to be entered into [...]
Pasofino Gold Ltd. is pleased to provide an exploration, infrastructure and Company update at the Dugbe Gold Project in Liberia. Infrastructure highlights: Key infrastructure developments to enable the completion of the exploration and feasibility study programs: Construction of a 48 km road including 24 bridges, and the exploration camp complete. 'Geebo River Bridge' span complete, last stages of decking underway to [...]
Pasofino Gold Ltd. is pleased to announce that it has completed all conditions to earn its 50% ownership interest in the advanced-stage Roger gold-copper project located in the prolific Abitibi Greenstone Belt in Quebec from project operator SOQUEM, a subsidiary of Investissement Québec. The Project is advantageously located 5 km north of the historic mining center Chibougamau, Quebec, has an all-season road access and is [...]
Pasofino Gold Ltd. is pleased to announce that Hummingbird Resources Inc. received results for seven infill holes, these being the first to be drilled at the Dugbe F deposit since 2014. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest . Highlights - Dugbe F Infill drilling All 7 of the new drillholes intersected gold mineralisation of the expected [...]
Pasofino Gold Ltd. reported today that it has refiled its Technical Report prepared under National Instrument 43-101 for the Dugbe Gold Project in Liberia, which report was initially effective 19 August 2020 and dated 16 September 2020. The refiled technical report contains enhanced disclosure on the applicability of the personal inspection undertaken at Tuzon to the Dugbe F deposit and includes disclosure on the [...]
Pasofino Gold Ltd. is pleased to announce that it has appointed Neil Herbert to its board of directors. With three decades of finance experience, Mr. Herbert is a welcome addition to Pasofino's board as the Company moves forward with the development of the West-African-based Dugbe Gold Project and evaluates other opportunities. Mr. Herbert has been involved in natural resources companies, both as an executive and a [...]
Pasofino Gold Ltd. provides an update today that further to the review by the Ontario Securities Commission of the Company's continuous disclosure and a subsequent request from OSC staff in connection therewith, the Company has made corrective disclosure with respect to the following documents: the material change report dated December 11, 2020, announcing the entering into of the agreement to acquire ARX Resources [...]
Pasofino Gold Ltd. is pleased to announce that Hummingbird Resources Inc. has started its drilling program aimed at the upgrade and expansion of the Mineral Resources and has received encouraging surface exploration results on the Dugbe Project, in which Company has an option to earn a 49% economic interest . Two promising new targets have been identified through extensive soil sampling. Highlights Drilling has commenced [...]
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