Acquisition by Mansa Resources Limited Successfully Completed
On 21 April 2026, Pasofino Gold Limited completed its previously announced plan of arrangement with Mansa Resources Limited (“Mansa”). Pasofino is now an indirect wholly-owned subsidiary of Mansa, which holds 100% of the issued and outstanding common shares of the Company.
Transaction Summary
The arrangement was effected under Division 5 of Part 9 of the Business Corporations Act (British Columbia), pursuant to the arrangement agreement among Pasofino, Mansa, and 1574136 BC Ltd. (a wholly-owned subsidiary of Mansa) dated 26 January 2026, as amended on 23 February 2026. The arrangement was approved by securityholders on 31 March 2026 and received the final order of the Supreme Court of British Columbia on 8 April 2026.
Delisting and Reporting Issuer Status
Following completion of the arrangement:
The common shares of Pasofino were delisted from the TSX Venture Exchange (TSXV) at the close of business on or about 22 April 2026.
Pasofino has applied to cease to be a reporting issuer in each of the Provinces of Canada in which it is currently a reporting issuer (other than Quebec) and to otherwise terminate its public reporting requirements.
Information for Former Shareholders
The Circular and related materials remain available on SEDAR (https://www.sedarplus.ca).
If you are a former holder of Shares, Warrants or Options and have any questions about how to claim the consideration, if any, to which you are entitled under the Arrangement, you are encouraged to contact the Depositary as soon as possible by phone at 1-800-564-6253 or by email at corporateactions@computershare.com
For More Information on Mansa Resources, visit: www.Mansaresources.com