Pasofino Gold Limited 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.

Pasofino Gold Limited is pleased to announce updates to the Mineral Resource Estimates for the Dugbe F and Tuzon 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 interest).

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).

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).

Pasofino Gold Limited provides an update today that it has received a receipt for a final short form prospectus filed in each of the provinces of Canada, except for Québec, in connection with the previously announced marketed offering of common shares of the Company.

Pasofino Gold Limited is pleased to announce that it has entered into an agreement to sell its 50% interest in the advanced-stage Roger Gold-Copper Project located in Quebec's prolific Abitibi Greenstone Belt to QC Copper & Gold.

Pasofino Gold Limited provides an update today that it has filed an amended and restated preliminary short form prospectus in connection with the previously announced marketed offering of common shares of the Company.

Pasofino Gold Limited is pleased to announce that it has appointed Neil Herbert to its board of directors.

Pasofino Gold Limited provides an update today that further to the review by the Ontario Securities Commission of the Company’s continuous disclosure.

Pasofino Gold Limited is pleased to announce that Hummingbird Resources (Liberia) Inc. has started its drilling program aimed at the upgrade and expansion of the Mineral Resources and has received encouraging surface exploration results on the Dugbe Project, in which Company has an option to earn a 49% economic interest (net of the Government of Liberia’s carried interest). Two promising new targets have been identified through extensive soil sampling.

Pasofino Gold Limited is pleased to announce the automatic conversion of 33,400,000 special warrants in the capital of the Company.