Pasofino Gold Ltd. is pleased to announce the start exploration Bukon Jedeh, a target area at the Company's Dugbe gold project, with the commencement of fieldwork and the mobilisation of the drilling rig, with drilling expected to commence in March 2024. Highlights Bukon Jedeh is 10 km southeast of the Company's Dugbe Gold Project . It is [located on a] a 4.1km trend of highly productive artisanal gold mining. Presently there are over [...]
Pasofino Gold Ltd. is pleased to announce that it has closed its non-brokered private placement of 6,291,000 units at C$0.50 per Unit for gross proceeds of approximately C$3.1 million . Each Unit consisted of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to purchase one common share of the Company at a price of C$0.65 for a period of 18 months [...]
Pasofino Gold Ltd. is pleased to announce a non-brokered private placement of up to 6,291,000 units of the Company at C$0.50 per Unit for gross proceeds of up to C$3,145,500 . Each Unit will consist of one common share of the Company and half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one common share of the Company at a price of C$0.65 for a period of 18 months [...]
Pasofino Gold Ltd. , which owns 100% of the world class Dugbe Gold project in Liberia, notes an announcement made yesterday by its majority shareholder, Hummingbird Resources plc . In the announcement HB PLC confirmed that all resolutions proposed to shareholders at its General Meeting held yesterday were passed and that the Company has closed its Open Offer. The full announcement can be found at [...]
Pasofino Gold Ltd. , which owns 100% of the Dugbe Gold project in Liberia, notes an announcement made yesterday by its majority shareholder, Hummingbird Resources plc . In the announcement HB PLC confirmed that all resolutions proposed to shareholders at its General Meeting held yesterday had been passed and that the Company has closed its Open Offer. The full announcement can be found at [...]
Pasofino Gold Ltd. , which owns 100% of the world class Dugbe Gold project in Liberia, notes an announcement made on 21st December 2023 by its majority shareholder, Hummingbird Resources plc . In the announcement HB PLC updated the market on its own proposed Share Placement, which HB PLC advised is expected to close on 10th January 2024. Pasofino notes, in particular, the following statement made by HB PLC: "Approximately [...]
Hummingbird Resources plc becomes a Control Person in Connection with Pasofino Gold's Consolidation of the Ownership of the Dugbe Gold Project Pasofino Gold Ltd. and Hummingbird Resources plc are pleased to announce that further to the news releases issued on December 7, 2023, the Parties have completed the consolidation of the Dugbe Project. Pasofino now owns 100% of the Dugbe Gold Project and HB PLC is now a control [...]
Hummingbird Resources plc to Become a Control Person in Connection with Pasofino Gold's Consolidation of the Ownership of the Dugbe Gold Project Pasofino Gold Ltd. is pleased to announce that further to the news releases issued on November 1, 2022 and August 23, 2023, Pasofino has closed in escrow the consolidation of it's ownership interest and will on escrow release, own 100% of the Dugbe Gold Project . The [...]
Pasofino Gold Ltd. is pleased to announce gold mineralisation in trenches at the Dugbe Shear Zone target which is 5km on trend from the 2.4 Moz Tuzon deposit at its Dugbe Gold Project. The trench results support Pasofino's view that there are ample opportunities to add to the existing Dugbe F and Tuzon deposits. Highlights Channel sample analyses have confirmed gold mineralisation in two new trenches at the DSZ target: 10 [...]
Pasofino Gold Ltd. announces the departure of Neil Herbert from the board of directors. Neil has been a director with Pasofino since February 2021. Krisztian Toth, Chairman of the Board of Pasofino, commented: "We would like to express our sincere gratitude to Neil for his tireless contributions towards the completion of the Dugbe gold project feasibility study last year and his ongoing efforts in highlighting the [...]
Shareholders Approve Hummingbird Resources plc as a Control Person in Connection with Pasofino Gold Exercising its Option to Consolidate Ownership of the Dugbe Gold Project Pasofino Gold Ltd. is pleased to announce that shareholders have approved all matters to be voted on at the annual general and special meeting held today. At the meeting the shareholders overwhelmingly approved Hummingbird Resources plc becoming a [...]
Pasofino Gold Ltd. is pleased to announce that further to the previously announced commencement of a joint strategic review process with Hummingbird Resources plc, RBC Capital Markets has been engaged by Pasofino Gold Ltd. as the financial advisor in support of the joint strategic review process. Krisztian Toth, Chairman of the Board of Pasofino, commented: "We are pleased to engage RBC Capital Markets, a global [...]
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