Pasofino Gold Limited 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 (prior to giving effect to the 10% carried interest of the Government of Liberia) and HB PLC is now a control person of Pasofino.

Pasofino Gold Limited 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 (prior to giving effect to the 10% carried interest of the Government of Liberia).

Pasofino Gold Limited 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.

Pasofino Gold Limited announces the departure of Neil Herbert from the board of directors. Neil has been a director with Pasofino since February 2021.

Pasofino Gold Limited is pleased to announce that shareholders have approved all matters to be voted on at the annual general and special meeting held today.

Pasofino Gold Limited 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 Limited as the financial advisor in support of the joint strategic review process.

Pasofino Gold Limited is pleased to announce that further to Pasofino's press release on November 1, 2022 (the "November 1 Press Release"), announcing the exercise by Pasofino of its right to acquire 100% (prior to giving effect to the Government of Liberia's 10% carried interest) of the Dugbe Gold Project from Hummingbird Resources plc (the "100% Vend-In"), Pasofino and Hummingbird have commenced a joint strategic review process in order to maximize value for 100% (prior to giving effect to the Government of Liberia's 10% carried interest) of the Dugbe Gold Project.

Pasofino Gold Limited is pleased to announce that further to its news release dated November 21, 2022, the Company has completed the issuance of 122,989 common shares of the Company (the "Debt Shares") at a price of $0.50 per share in settlement of $61,494.81 of directors' fees owing to independent and non-executive directors .