Portofino Resources Inc. announces that it has retained 1712060 Alberta Co. to provide strategic investor relations and financial communications services for a period of up to 12 months. The Company will pay a monthly retainer fee of $12,500 for select strategic communications services. Mr. Kondas has been active in Corporate Finance/Venture Capital and Communications for over 20 years. His corporate communications [...]
Portofino Resources Inc. is pleased to announce it has increased and closed its previously announced non-brokered private placement for gross proceeds of $700,000 priced at $0.09 per Common Share Unit. Each Unit consists of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.12 during the [...]
Portofino Resources Inc. is pleased to announce a fully subscribed non-brokered private placement of $676,000 priced at $0.09 per Common Share Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to purchase one common share at a price of $0.12 during the term. Closing is subject to TSXV [...]
Portofino Resources Inc. is pleased to report, its previously announced non-brokered, private placement comprising common share Units has closed and the Company has received subscriptions for $650,000. Each Unit consists of one common share and one share purchase warrant. Each warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.12 during the [...]
Portofino Resources Inc. is pleased to announce that due to strong interest, its previously announced non-brokered private placement of $500,000 has been oversubscribed and increased to $650,000. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to purchase one common share at a price of $0.12 [...]
Portofino Resources Inc. is pleased to report that its Argentine field crew is traveling to the Yergo, Argentina lithium project this week to evaluate current conditions and prepare site logistics for an upcoming drilling program. Portofino's technical team has identified an initial 4 priority drill targets and a drilling contract has been executed. Drill testing of the Project will enable initial evaluation of the volume [...]
Portofino Resources Inc. is pleased to announce that it has arranged a non-brokered private placement financing for $500,000 priced at $0.08 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to purchase one common share at a price of $0.12 during the term. Closing will be subject to [...]
Portofino Resources Inc. is pleased to announce its geological team has re-mobilized to the Allison Lake North Lithium and Rare Elements Property located 100 kilometres east of the town of Red Lake in northwestern Ontario. The team is expanding on the initial exploration program and carrying out additional systematic channel sampling where encouraging Lithium and Tantalum values were recently discovered. Initial grab [...]
Portofino Resources Inc. is pleased to announce it has received encouraging reconnaissance grab and channel sample results from it's Allison Lake North Lithium and Rare Elements Property located 100 kilometres east of the town of Red Lake in northwestern Ontario. Reconnaissance mapping and sampling was completed on the Property during the month of June 2021, the first such effort since 2003. Sampling by the Ontario [...]
Portofino Resources Inc. is pleased to report that it has retained a drilling contractor for its Yergo, Argentina lithium project. The Company is working with the contractor in preparing site logistics for the Company's pending drilling program. Currently, the weather at the Project is typical for the end of the winter season with the salar holding much surface water. Drilling is anticipated to commence in October once [...]
Portofino Resources Inc. is pleased to report that its Argentine field crew has completed a site visit to its Yergo, Argentina lithium project this week to evaluate current conditions and prepare site logistics for a near term drilling program. Portofino's technical team has identified an initial 4 priority drill targets and a drilling contract is being finalized for a minimum 300 meters. Drill testing of the Project will [...]
Portofino Resources Inc. is pleased to report that its geological crew has completed its initial site visit to the Allison Lake North lithium and rare elements property . Portofino's geologists encountered several granitic pegmatite outcrops in recently logged areas of the property enabling the team to initiate a channel sampling program across these exposures . 57 channel samples and 17 select grab samples have now been [...]
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