Pasofino Gold Limited is pleased to announce that it has agreed with the independent and non-executive directors to issue 122,989 common shares to such directors in exchange for the cancellation of $61,494.81 of director fees owing, after deduction of applicable withholding taxes.

Pasofino Gold Limited is pleased to announce that it has provided notice to Hummingbird Resources 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. and all shareholder loans made by HB PLC to HBL to Pasofino in order for Pasofino to become owner of 100% of the Dugbe Gold Project (prior to giving effect to the 10% carried interest of the Government of Liberia).

Pasofino Gold Limited 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.

Pasofino Gold Limited 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 and anticipates closing during the week of October 17, 2022.

Pasofino Gold Limited 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].

Pasofino Gold Limited 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.

Pasofino Gold Limited is pleased to announce a non-brokered private placement of up to 12,856,000 units of the Company at C$0.50 (or US$0.39) per Unit for gross proceeds of up to C$6,428,000 (US$5,000,000).

Pasofino Gold Limited 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.

Pasofino Gold Limited is pleased to announce the appointment of Dr. Daniel Limpitlaw, as President and CEO of the company effective immediately.

Pasofino Gold Limited is pleased to announce the results of the Dugbe Project Feasibility Study, which is located in Southern Liberia.

Pasofino Gold Limited 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.

Pasofino Gold Limited is pleased to announce positive developments from the ongoing Feasibility Study being undertaken on the Dugbe Gold Project by DRA Global Limited, the independent consultants appointed by the Company to complete the FS.

Pasofino Gold Limited 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.