Pasofino Gold Ltd. is pleased to announce that Hummingbird Resources Inc has exercised its option to acquire the "Central License" located and encompassed centrally within the Dugbe Gold Project . The Company has an earn-in option for a 49% economic interest into the Project once defined feasibility studies and exploration commitments have been met. Central License Acquisition Highlights Increases license area: Adding the [...]
Priority Exploration Targets on Dugbe Gold Project Ready to Mobilise Rig to the Tiehnpo Target Pasofino Gold Ltd. is pleased to announce the start of the exploration at its Dugbe gold project with an extensive program of step-out drilling, drilling of new targets and large scale regional soil sampling. This is the first stage of a major exploration and mineral resource drilling program aimed at substantially increasing [...]
Pasofino Gold Ltd. is pleased to announce that it has appointed Mr. John Sanders to the Board of Directors of the Company and that is has appointed Mr. Sanders as Chief Operations Officer, Mr. Ian Stalker as President and Chief Executive Officer - Africa and Mr. Steven Dunn as Chief Executive Officer - North America. Mr. Stalker is a senior international mining executive with over forty-five years of "hands on" experience [...]
Pasofino Gold Ltd. is pleased to announce that it has awarded the initial drilling contract to Cestos Investments Incorporated , for an initial 15,000 metres on the Dugbe Gold Project in Liberia. DRA Global have been awarded the Feasibility Study lead consultancy role and SRK have been awarded the Environmental and Social Impact Assessment Study. Project Development Highlights Management and technical team are in-country [...]
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Pasofino Gold Ltd.. is pleased to announce that it has completed its previously announced bought deal private placement of special warrants of the Company raising gross proceeds of $10,020,000 . The Offering was led by Stifel GMP, on its own behalf and on behalf of a syndicate of underwriters including Beacon Securities Limited, Clarus [...]
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Pasofino Gold Ltd.. is pleased to announce that, further to its press release of July 9, 2020, it has completed its acquisition of all the issued and outstanding shares of ARX Resources Limited . Pursuant to the transaction, Pasofino issued an aggregate of 134,860,049 shares to the shareholders of ARX . The Consideration Shares issued to [...]
All monetary amounts are expressed in Canadian Dollars, unless otherwise indicated. Pasofino Gold Ltd.. is pleased to announce that it has entered into an agreement with Stifel GMP, on its own behalf and on behalf of syndicate of underwriters , pursuant to which the Underwriters have agreed to purchase, on a bought deal private placement basis 33,400,000 special warrants of the Company at a price of C$0.30 per Special [...]
Pasofino Gold Ltd. is pleased to announce that it has engaged Digital257 Technologies Inc. to provide investor relations services pursuant to a consulting agreement dated August 6, 2020. Digital257 is a digital marketing firm specializing in investor audience growth and awareness. Digital257 provides digital media and capital markets communications services and will assist the Company with online communications with the [...]
Pasofino Gold Ltd. is pleased to announce the delivery of updated Mineral Resource estimates for the Tuzon deposit and the Dugbe F deposit located on the Dugbe Gold Project in Liberia. The project is owned by Hummingbird Resources Limited . Pasofino, through its recently announced proposed acquisition of ARX Resources Limited , will upon completion of such acquisition, have an option to earn a 49% economic interest in the [...]
Pasofino Gold Ltd. is pleased to announce that further to its press release dated July 9, 2020, Pasofino has now been advised by the TSX Venture Exchange that trading of the Company's shares on the Exchange will resume at the opening of the market on July 28, 2020. About Pasofino Gold Ltd. Pasofino Gold Ltd. is a Canadian-based mineral exploration company. For further information, please visit www.pasofinogold.com or [...]
Pasofino Gold Ltd. is pleased to announce that further to its press release dated June 11, 2020, Pasofino has entered into an agreement to acquire all the outstanding shares of ARX Resources Limited . Pursuant to the Transaction, Pasofino will issue an aggregate of 132,415,974 shares to the shareholders of ARX . Upon completion of the Transaction, the Consideration Shares issued to the Vendors will represent 49% of the [...]
Pasofino Gold Ltd. is pleased to announce that it has engaged GRA Enterprises LLC to provide investor relations services pursuant to a consulting agreement dated July 1, 2020. Services will include the production and publication of investor bulletins, distribution of investor bulletins to the Consultant's e-mail list, and posts via the Consultant's blogs and social media accounts. In consideration of these services, the [...]
