Portofino Announces $500,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") reports that it is undertaking a non-brokered private placement for up to $500,000 priced at $0.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant. Each whole warrant is exercisable for one Common Share of the Company for a period of 24 months from closing at an exercise price of $0.08. Proceeds from this...
2020-03-06 6:00 AM EST
Portofino Executes Agreement to Sell Interest in Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report it has executed a Binding Heads of Agreement ("Agreement") with Galan Lithium Limited ("Galan") for the purchase and assignment of Portofino's right to earn a 100% interest in the Del Condor and Pucara lithium brine salar projects in Argentina. Pending the completion of due diligence and any regulatory approvals, Galan will...
2020-02-25 6:29 PM EST
Portofino Commences Exploration on Its Red Lake, Ontario Property
Vancouver, British Columbia--(Newsfile Corp. - February 13, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to report that its exploration crew has mobilized to site and commenced exploration work on its South of Otter property located in the Red Lake mining district. The first phase of Portofino's 2020 exploration program consists of approximately 25-line kilometers ("km") of ground VLF/EM geophysics and soil geochemistry surveys. The...
2020-02-13 12:15 AM EST
Portofino Plans to Implement Exploration Activities on Its Red Lake, Ontario Property
Vancouver, British Columbia--(Newsfile Corp. - January 30, 2020) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") reports that it has completed a review of all the available historical assessment work on its South of Otter property located in the Red Lake mining district and is planning to implement an initial exploration program commencing in February. The first phase of the program will consist of ground VLF/EM geophysics and soil geochemistry surveys....
2020-01-30 12:30 AM EST
Portofino Executes Red Lake, Ontario Property Agreement
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has signed a binding agreement (the "Agreement") for the right to acquire a 100% interest in a mining claim block located in the Red Lake mining district in northwest Ontario. The claim block comprises 14 mining claims containing 256 contiguous cell units and covers approximately
2019-09-26 5:30 PM EDT
Portofino Reports Positive Geophysical Survey Hombre Muerto Salar-Argentina
Vancouver, British Columbia--(Newsfile Corp. - July 3, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce geophysical survey results completed on its Hombre Muerto West lithium brine project ("the Project"). Project Highlights Include: Conductivity anomalies, (interpreted as potential Lithium brine-bearing strata), extend from surface to a depth of 250 meters and for at least 2.5 kilometers across the Project Elevated near-surface...
2019-07-03 12:15 AM EDT
Portofino Reports Positive Sampling Results - Yergo Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - May 27, 2019) - PORTOFINO RESOURCES INC. (TSXV:POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce initial sampling results at its Yergo lithium brine Project, located at the Aparejos Salar in the Province of Catamarca, Argentina, within 15 km of Neo Lithium Corp's advanced 3Q Project. The exploration program consisted of surface and near-surface brine sampling and geological mapping. Hand augers were utilized to obtain the...
2019-05-27 12:30 AM EDT
Portofino Terminates Iron Horse BC Property Option
Vancouver, British Columbia--(Newsfile Corp. - April 26, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that Rich River Exploration Ltd. ("the Optionor"), and the Company have agreed to terminate the Iron Horse-Bolivar mineral property option agreement. The Company was granted an option to acquire a 100% interest in the property in February 2012 which was originally comprised of seven mineral claims located in the Peachland region of British...
2019-04-26 4:54 PM EDT
Portofino Completes Initial Sampling Program - Yergo Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - April 3, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce the completion of an initial field exploration and sampling program at its recently acquired Yergo lithium brine project, located at the Aparejos Salar in the Province of Catamarca, Argentina. The exploration program consisted of surface and near-surface brine sampling and geological mapping. A total of 25 locations across the...
2019-04-03 12:15 AM EDT
Portofino Commences Exploration Program - Yergo Lithium Brine Project
Vancouver, British Columbia--(Newsfile Corp. - March 19, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce the commencement of a comprehensive field exploration program at its recently acquired Yergo lithium brine Project, located at the Aparejos salar in the Province of Catamarca, Argentina (see Press Release dated Feb 28, 2019 for acquisition details). The 2,932 Hectares Yergo Project encompasses the entire Aparejos salar and is...
2019-03-19 12:30 AM EDT
Portofino Finalizes Plans for Geophysical Survey Program Hombre Muerto Salar-Argentina
Vancouver, British Columbia--(Newsfile Corp. - March 14, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce that further to its news release dated February 26, 2019, the Company has now finalized detailed plans with its geological and geophysical teams in Argentina pursuant to implementing a geophysical survey on its Hombre Muerto West lithium brine project. Additional specifics and timing are noted below: The geophysical crew will...
2019-03-14 12:30 AM EDT
Portofino Executes Agreement Pursuant to the Yergo Lithium Brine Project in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that it has executed an amended agreement with a private Argentine concession owner to acquire a 100% interest in the Yergo lithium brine salar project in Catamarca, Argentina. The 2,932 Hectares (Ha") project encompasses the full salar and is located approximately 20 km south-east of Neo Lithium Corp's 3Q project. Project location can be...
2019-02-28 12:30 AM EST
Portofino to Commence Geophysical Survey Hombre Muerto Salar-Argentina
Vancouver, British Columbia--(Newsfile Corp. - February 26, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") is pleased to announce the selection of a geophysical team that has been engaged to complete surveys at the Company's Hombre Muerto West Project (the "Project" or the "Property"), located on the western side of the Salar del Hombre Muerto in the Catamarca Province of Argentina. The geophysical survey work is intended to follow up on encouraging...
2019-02-26 12:30 AM EST
Portofino Completes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 23, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that it has closed its previously announced non-brokered private placement for $605,594 priced at $.055/Unit and issued 11,010,809 Units. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08. All shares issued will be subject to a four-month hold period expiring May 24, 2019. Finders fees...
2019-01-23 3:43 PM EST
Portofino Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - January 18, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") wishes to announce that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting ("AGM") held Friday January 18, 2019, including: The number of Directors for the Company was set at three. The three members elected to the Board of Directors include: David G. Tafel, Stephen J....
2019-01-18 5:03 PM EST
Portofino Increases Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 11, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces that due to strong interest in its previously announced financing it has increased its non-brokered private placement from $500,000 to up to $600,000 priced at $.055/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08. Closing will be subject to TSX Venture Exchange approval and...
2019-01-11 2:32 PM EST
Portofino Announces $500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 9, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POT) ("Portofino" or the "Company") announces it has arranged a non-brokered private placement for up to $500,000 for 9,090,909 Units priced at $.055/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08. The Company contemplates that various exemptions will be utilized pursuant to this financing. It may rely upon the suitability...
2019-01-09 12:15 AM EST
Portofino Provides Update-Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - January 2, 2019) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") has received TSX Venture Exchange approval to consolidate the Company's issued and outstanding share capital and the common shares will commence trading on a post-consolidation basis on January 4, 2019. The Company's name and trading symbol will remain the same. The consolidation will be based on 1 post-consolidation common share for every 4 pre-consolidation...
2019-01-02 5:22 PM EST
Portofino Proposes Share Consolidation
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") announces that it intends to apply to the TSX Venture Exchange for approval of a consolidation of the Company's issued and outstanding share capital. The proposed consolidation will be on a basis of up to 1 post-consolidation common share for every 4 pre-consolidation common shares. The Company currently has 51,963,500 shares outstanding and subject to the...
2018-12-14 5:14 PM EST
Portofino Executes Definitive Agreement - Hombre Muerto West Lithium Brine Project in Catamarca, Argentina
Vancouver, British Columbia--(Newsfile Corp. - September 19, 2018) - PORTOFINO RESOURCES INC. (TSXV: POR) ("Portofino" or the "Company") is pleased to announce that it has executed a definitive agreement with a private Argentine concession owner to acquire a 100% interest in the Hombre Muerto West lithium brine project in Catamarca, Argentina. This agreement supersedes the agreement announced September 7, 2017. The Hombre Muerto West project is comprised of two claim blocks totaling...
2018-09-20 12:30 AM EDT