Pasofino Gold Limited

Recent News

  • Pasofino Gold Announces Completion of Shares for Debt Settlement

    Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that further to its news release dated November 21, 2022, the Company has completed the issuance of 122,989 common shares of the Company (the "Debt Shares") at a price of $0.50 per share in settlement (the "Debt Settlement") of $61,494.81 of directors' fees owing to independent and non-executive directors (collectively, the "Debt").The TSX Venture Exchange...

    2023-01-23 6:00 PM EST
  • Pasofino Gold Announces Issuance of Shares for Debt Settlement

    Toronto, Ontario--(Newsfile Corp. - November 21, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has agreed with the independent and non-executive directors to issue 122,989 common shares ("Debt Shares") to such directors in exchange for the cancellation of $61,494.81 of director fees owing, after deduction of applicable withholding taxes (the "Transaction"). The Debt Shares will be issued at a deemed price of $0.50, in accordance with the...

    2022-11-21 8:00 AM EST
  • Pasofino Gold Announces Exercise of Right to Acquire 100% of the Dugbe Gold Project from Hummingbird Resources plc

    Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has provided notice to Hummingbird Resources plc ("HB PLC") that it is exercising its right under the option agreement to cause HB PLC to sell to Pasofino, HB PLC's 51% interest in the issued and outstanding shares of Hummingbird Resources (Liberia) Inc. ("HBL") and all shareholder loans made by HB PLC to...

    2022-11-01 9:21 AM EDT
  • Pasofino Gold Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.3 Million

    Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has closed its non-brokered private placement (announced August 8, 2022) of Units at $0.50 per Unit for gross proceeds of approximately C$5.3 million. Each Unit consisted of one common share of the Company (each, a "Unit Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each...

    2022-10-20 8:00 AM EDT
  • Pasofino Gold Announces Extension of Non-Brokered Private Placement

    Toronto, Ontario--(Newsfile Corp. - October 14, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has received an extension from the TSX Venture Exchange (the "Exchange") to close its previously announced non-brokered private placement (the "Offering") and anticipates closing during the week of October 17, 2022.Further details on the Offering, including the total aggregate number of units to be issued, aggregate proceeds to be raised, finder's fees...

    2022-10-14 4:30 PM EDT
  • Pasofino Gold Announces 49% Earned Interest in the Dugbe Project

    Toronto, Ontario--(Newsfile Corp. - September 27, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has exercised its option to acquire an initial 49% economic interest in the Dugbe Project, prior to the issuance to the Government of Liberia of its 10% carried interest in Hummingbird Liberia[1].As a result of this exercise, each of Pasofino and Hummingbird will have the right to exercise the option to consolidate ownership...

    2022-09-27 8:00 AM EDT
  • Pasofino Gold Announces Results of Initial Fieldwork at the Bukon Jedeh Area

    Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce results of 'rock-chip sampling at the Bukon Jedeh area on its Dugbe Gold Project in Liberia, with results up to 1 ounce gold per tonne.Highlights4.1km trend of artisanal gold mining dating back to the 1930's. Ten pits visited by Pasofino - at all of these, gold is extracted from fresh bedrock from up to 60...

    2022-08-22 8:00 AM EDT
  • Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5 Million

    Toronto, Ontario--(Newsfile Corp. - August 8, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of up to 12,856,000 units of the Company (each, a "Unit") at C$0.50 (or US$0.39) per Unit for gross proceeds of up to C$6,428,000 (US$5,000,000) (the "Offering").Each Unit will consist of one common share of the Company (each, a "Unit Share") and one half of one common share purchase warrant (each...

    2022-08-08 5:00 PM EDT