Pasofino Gold Appoints Savas Sahin To Board of Directors
Toronto, Ontario--(Newsfile Corp. - April 25, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has appointed Mr. Savas Sahin as the nominee of Eczacıbaşı Esan to the Board of Directors of the Company. He replaces Bulent Kozlu, the previous nominee director of Eczacıbaşı Esan. Mr. Sahin has had many years in the mining industry, working under operational, projects and management roles at Eurogold, Inmet Metal...
2022-04-25 10:08 AM EDT
Pasofino Gold Announces Progress on the Feasibility Study for the Dugbe Gold Project, Plans to Acquire Control of the Dugbe Gold Project, Granting of Stock Options, and Issuance of Shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - February 7, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce positive developments from the ongoing Feasibility Study ("FS") being undertaken on the Dugbe Gold Project ("The Project") by DRA Global Limited (ASX: DRA) (JSE: DRA), the independent consultants appointed by the Company to complete the FS. Highlights; The FS is now scheduled to complete in April 2022, at that time the...
2022-02-07 8:30 AM EST
Pasofino Gold Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately US$5.2 Million of Which Approximately US$4.5 Million Was a Strategic Investment from Esan Eczacibasi Endustriyel Hammaddeler Sanayi Ve Ticaret Anonim Sirketi
Toronto, Ontario--(Newsfile Corp. - January 17, 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 December 6th, 2021) of common shares at $0.70 (or US$0.55) per share for gross proceeds of approximately US$5.2 million (the "Offering"). Approximately US$4.5 million of the Offering (being 8,220,626 Common Shares) has been subscribed for by ESAN, a leading...
2022-01-17 8:37 AM EST
Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5.5 Million Supported by a Strategic Investment of Approximately US$4.5 Million Subscription from ESAN
Toronto, Ontario--(Newsfile Corp. - December 6, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of common shares at $0.70 (or US$0.55) per share for gross proceeds of up to US$5.5 million (the "Offering"). Approximately US$4.5 million of the Offering (being 8,225,092 Common Shares) has been subscribed for by ESAN, a leading Turkish mining company. ESAN has been granted the right to...
2021-12-06 8:58 AM EST
Pasofino Gold Announces an Updated Mineral Resource Estimate (MRE) for the Dugbe Gold Project Including 3.4 Moz in Measured & Indicated - a One Million Ounce Increase, Paving Way for Completion of the Definitive Feasibility Study Which Is Well Advanced
Toronto, Ontario--(Newsfile Corp. - November 22, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce updates to the Mineral Resource Estimates for the Dugbe F and Tuzon deposits on the Dugbe Gold Project ("The Project"), in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried interest). Highlights Using a 1.0 g/t Au cut-off, the Measured &...
2021-11-22 8:00 AM EST
Pasofino Gold Announces Results for a Further 12 Holes at Tuzon Deposit on the Dugbe Gold Project
Toronto, Ontario--(Newsfile Corp. - September 8, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has received results from a further 12 holes drilled at the Tuzon deposit on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried interest). Highlights 11 of the 12 holes contain gold mineralised intervals....
2021-09-08 8:00 AM EDT
Pasofino Gold Announces Results of a Further Six Drill Holes at the Tuzon Deposit at the Dugbe Gold Project
Toronto, Ontario--(Newsfile Corp. - August 18, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has received results for a further six holes drilled at the Tuzon deposit on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried interest). Highlights The results firm up on the increased lateral and strike extent...
2021-08-18 8:00 AM EDT
Pasofino Gold Confirms Completion of Share Consolidation
Toronto, Ontario--(Newsfile Corp. - July 22, 2021) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07) ("Pasofino" or the "Company") is pleased to confirm that, pursuant to its previous news release dated July 8, 2021, the Company's common shares have been consolidated at a ratio of fourteen (14) pre-consolidation shares to one post-consolidation share. The common shares will begin trading on a post-consolidation basis on the TSX Venture Exchange at market open on July 22, 2021. The Company now...
2021-07-22 8:00 AM EDT
Pasofino Gold Announces Share Consolidation
Toronto, Ontario--(Newsfile Corp. - July 8, 2021) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it is proceeding with its previously announced share consolidation. The Company is targeting Thursday, July 22, 2021 as the date for the consolidation. Pursuant to a special resolution passed by shareholders on December 21, 2020, Pasofino will consolidate its common shares outstanding on a fourteen (14) old for one (1) new basis. On the...
2021-07-08 8:00 AM EDT
Pasofino Gold Adds Intersections to the Extensive Thickened Zone of Mineralisation at Dugbe F and Provides Further Results for Other Infill Drilling Holes at This Deposit
Toronto, Ontario--(Newsfile Corp. - July 6, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has received results from a further 22 infill holes drilled at the Dugbe F deposit including promising results for the 800 m by 100 m thickened zone, first reported in June[1]. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company is earning a 49% economic interest. Highlights Intersections from...
2021-07-06 8:00 AM EDT
Pasofino Gold Announces the granting of Stock Options and issuance of shares for Debt Settlement
Toronto, Ontario--(Newsfile Corp. - June 28, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") announces that on June 24, 2021, it granted 22,650,000 incentive stock options to directors and officers. The incentive stock options have an exercise price of $0.10 per share, are valid for a 5-year period from the date of grant and are subject to regulatory approval. The Company also announces that it has agreed with the independent and...
2021-06-28 8:00 AM EDT
Pasofino Gold Announces Positive Results from the Independent Preliminary Economic Assessment (PEA) on the Dugbe Gold Project- Liberia
Toronto, Ontario--(Newsfile Corp. - June 24, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has completed a PEA on the Dugbe Gold Project, which includes both the Dugbe F and Tuzon deposits. The Company is earning a 49% economic interest in the project (prior to the issuance of the Government of Liberia's 10% carried interest). HIGHLIGHTS Significant Production Potential - Establishing a Foundation for a New Go
2021-06-24 8:40 AM EDT
Pasofino Gold Announces Results of Its First Four New Holes at Tuzon
Toronto, Ontario--(Newsfile Corp. - June 15, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has received encouraging results from the first 4 holes drilled since 2014 at the Tuzon deposit on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried interest). Highlights 3 of the 4 holes are 'step-out' holes to...
2021-06-15 8:30 AM EDT
Pasofino Gold Firms up on an Extensive Thickened Zone of Mineralisation at Dugbe F and Provides Further Results for the Infill Drilling Program at This Deposit
Toronto, Ontario--(Newsfile Corp. - June 7, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has received results from a further 17 holes drilled at the Dugbe F deposit and recognition of an extensive thickened zone. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried...
2021-06-07 8:00 AM EDT
Pasofino Gold Provides Further Results for the Dugbe F Infill Drilling Program
Toronto, Ontario--(Newsfile Corp. - May 31, 2021) - Pasofino Gold Limited ((TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) "Pasofino" or the "Company") is pleased to announce that it has received results from a further 18 holes drilled at the Dugbe F deposit. The drill results continue to prove the consistency of the grade throughout the deposit. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the...
2021-05-31 8:00 AM EDT
Pasofino Gold Announces Close of Transaction to Sell Its 50% Interest in the Roger Gold-Copper-Project, Quebec
Toronto, Ontario--(Newsfile Corp. - May 27, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") today announced that it has closed a transaction (see press releases from April 5, 2021 and May 14, 2021 respectively) and pursuant to an agreement with QC Copper & Gold Inc. (TSXV:QCCU) (OTCQB: QCCUF) ("QC Copper"), whereby Pasofino sold its 50% interest in the advanced-stage Roger Gold-Copper Project (the "Project"), located in Quebec's prolific...
2021-05-27 8:00 AM EDT
Pasofino Gold Provides Results for Trenches Defining New Targets on Strike from Tuzon
Toronto, Ontario--(Newsfile Corp. - May 18, 2021) - Pasofino Gold Limited ("Pasofino" or the "Company") (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) is pleased to announce that it has received positive results for trenches on strike from the Tuzon deposit at its Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest (prior to the issuance of the Government of Liberia's 10% carried interest). The trench results support Pasofino's view that there are opportunities to...
2021-05-18 8:00 AM EDT
Pasofino Gold Amends Agreement to Sell its 50% Interest in the Roger Gold-Copper Project Located in Quebec
Toronto, Ontario--(Newsfile Corp. - May 14, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") announces that it has amended the terms of the agreement with QC Copper & Gold Inc. (TSXV: QCCU) (OTCQB: QCCUF) ("QC Copper"), whereby Pasofino is selling its 50% interest in the advanced-stage Roger Gold-Copper Project (the "Project"), located in Quebec's prolific Abitibi Greenstone Belt, to QC Copper (the "Transaction"). Pursuant to the amendment,...
2021-05-14 8:00 AM EDT
Pasofino Gold Announces Closing of $9 Million Marketed Public Offering
Toronto, Ontario--(Newsfile Corp. - May 6, 2021) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has completed its previously announced marketed public offering (the "Offering") of common shares in the capital of the Company (the "Offered Shares"), raising aggregate gross proceeds of $9,000,005. The Offering was conducted on a best-efforts agency basis by Stifel GMP as sole agent and bookrunner (the "Agent"). Pursuant to the...
2021-05-06 8:40 AM EDT
Pasofino Gold Announces Filing of Final Prospectus
Toronto, Ontario--(Newsfile Corp. - April 29, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") provides an update today that it has received a receipt for a final short form prospectus (the "Prospectus") filed in each of the provinces of Canada, except for Québec, in connection with the previously announced marketed offering (the "Offering") of common shares of the Company (the "Offered Shares"). The Prospectus provides that the Company will...
2021-04-29 1:59 PM EDT