Hummingbird Clears Hurdle To Funding Pasofino's Dugbe Gold Project
Pasofino Gold which owns 100% (prior to giving effect to the Government of Liberia's 10% carried interest) of the Dugbe Gold project in Liberia, notes an announcement made yesterday by its majority shareholder, Hummingbird Resources plc.
Hummingbird to Dedicate Funds to the Dugbe Gold Project
Pasofino Gold which owns 100% (prior to giving effect to the Government of Liberia's 10% carried interest) of the world class Dugbe Gold project in Liberia, notes an announcement made on 21st December 2023 by its majority shareholder, Hummingbird Resources plc.
Pasofino Gold and Hummingbird Consolidate the Dugbe Gold Project to Establish one of the Largest Gold Projects in West Africa
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 Announces the Acquisition of the Remaining Interest in the Dugbe Gold Project
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 Provides Results for Trenches on Strike from Tuzon Deposit at Dugbe Gold Project
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 Provides Corporate Update
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 Announces Results of Annual General and Special Meeting
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 Appoints Financial Advisor
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 Announces Commencement of Joint Strategic Review Process with Hummingbird Resources plc for the Dugbe Gold Project, and Pasofino's Optimization of the Feasibility Study
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 Announces Completion of Shares for Debt Settlement
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 .
Pasofino Gold Announces Issuance of Shares for Debt Settlement
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 Announces Exercise of Right to Acquire 100% of the Dugbe Gold Project from Hummingbird Resources plc
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 Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.3 Million
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 Announces Extension of Non-Brokered Private Placement
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 Announces 49% Earned Interest in the Dugbe Project
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 Announces Results of Initial Fieldwork at the Bukon Jedeh Area
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 Announces a Non-Brokered Private Placement of up to US$5 Million
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 Announces Filing of Its Feasibility Study and Confirmation of Satisfaction of the Option Exercise Conditions to Acquire Its Interest in the Dugbe Gold Project
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 Announces Appointment of New CEO, and Update on Strategic Process Led by Ian Stalker
Pasofino Gold Limited is pleased to announce the appointment of Dr. Daniel Limpitlaw, as President and CEO of the company effective immediately.
Pasofino Gold Announces Feasibility Study Results for the Dugbe Gold Open Pit Project in Liberia
Pasofino Gold Limited is pleased to announce the results of the Dugbe Project Feasibility Study, which is located in Southern Liberia.