Portofino Resources Inc. reports that the Company intends to undertake a ten for one share consolidation whereby ten common shares of the Company shall be exchanged for one post-consolidation common share of the Company . The Company currently has approximately 175,443,899 Common Shares issued and outstanding and would have approximately 17,544,389 Post-Consolidation Shares. All outstanding warrants and incentive stock [...]
Portofino Resources Inc. reports that the Company held indirectly approximately 173 claim cells associated with the east and west sections of the South of Otter Project expired on March 4, 2026 . The Cells expired as a result of the Company having insufficient capital to allocate toward exploration activity required by the Ministry of Mines and Northern Development for the Province of Ontario. Subsequent, to the Expiry [...]
Portofino Resources Inc. is pleased to announce the appointment of Mr. Rodney Campbell to its board of directors and to the role of Interim CEO. Concurrent with Mr. Campbell's appointment, Mr. David Tafel has resigned from the Company's board of directors and his role as President & CEO. Mr. Tafel will continue to be involved with the Company as a strategic advisor. Mr. Campbell is a seasoned professional with extensive [...]
Portofino Resources Inc. announces that the TSX Venture Exchange has accepted the Company's application for approval of a two-year extension of 21,875,000 common share purchase warrants exercisable at $0.10. 13,000,000 warrants will now expire on November 03rd, 2027 and 8,875,000 warrants will expire on November 29th, 2027. As previously announced, both sets of warrants are exercisable into common shares of the Company at [...]
Portofino Resources Inc. is applying to the TSX Venture Exchange for a two-year extension of 21,875,000 common share purchase warrants exercisable at $0.10. 13,000,000 warrants are set to expire on November 03rd, 2025 and 8,875,000 warrants set to expire on November 29th, 2025. Both sets of warrants are currently exercisable into common shares of the Company at a price of $0.10 per share and were issued pursuant to a [...]
Portofino Resources Inc. wishes to report that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting held Wednesday June 18, 2025, including: The number of Directors for the Company was set at four. The four members elected to the Board of Directors include: David G. Tafel, Jeremy Wright, Stephen J. Wilkinson and Brian Crawford. Manning Elliott [...]
Portofino Resources Inc. reports that it executed agreements with various creditors to settle up to $105,000 in outstanding debt by issuing 10,500,000 common share Units valued at $0.01 per Unit. Each Unit comprises 1 share and a ½ warrant; each full warrant will be convertible into 1 share at $.05/share for 2 years from closing. The share for debt transactions are subject to TSX Venture Exchange approval. About Portofino [...]
Portofino Resources Inc. reports that it executed agreements with various creditors to settle up to $205,000 in outstanding debt by issuing 20,500,000 common share Units valued at $0.01 per Unit. Each Unit comprises 1 share and ½ warrant; a full warrant will be convertible into 1 share at $.05/share for 2 years from closing. The share for debt transactions are subject to TSX Venture Exchange approval. About Portofino [...]
Portofino Resources Inc. is applying to the TSX Venture Exchange for a one-year extension of 21,875,000 common share purchase warrants exercisable at $0.10. 13,000,000 warrants are set to expire on November 03rd, 2024 and 8,875,000 warrants set to expire on November 29th, 2024. Both sets of warrants are currently exercisable into common shares of the Company at a price of $0.10 per share and were issued pursuant to a [...]
Portofino Resources Inc. is pleased to provide an update on current activities and status of priority projects. South of Otter Gold Project, Red Lake, Ontario: Portofino's South of Otter project is located eight kilometers east of the Great Bear gold project owned by Kinross Gold Corp. It is believed that the SOO shares many geological characteristics with the Great Bear. In addition, Portofino has advanced the SOO with [...]
Portofino Resources Inc. reports that it has opened dialogue with numerous international industry groups that have interest in securing lithium supply, including a half dozen groups that have initiated project due diligence on a post-non-disclosure agreement basis. These groups are at various stages of due diligence and review of the Company's data room. The Company has been pursuing potential strategic financing [...]
Portofino Resources Inc. announces that it has closed its previously announced Option Agreement with Delta Resources Ltd. whereby Portofino has granted Delta the exclusive right to acquire a 100% interest in its Gold Creek, Ontario property . The terms of the agreement include $300,000 paid in cash and 2,000,001 shares of Delta, paid as follows: 1) $100,000 in cash and 666,667 shares* of Delta on approval by the TSX [...]
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