Further to the press release issued by Pasofino Gold Ltd. on March 7, 2025, Pasofino hereby advises that it has entered into a binding term sheet for co-operation and support with its 50.8% shareholder, Hummingbird Resources PLC and its parent company, Nioko Resources Corporation . Pursuant to the Co-operation Agreement, the Board of Pasofino has been reconstituted such that the Board will consist of three nominees of [...]
Further to the press release issued by Pasofino Gold on March 7, 2025, Pasofino hereby alerts shareholders that it has provided the Ontario Securities Commission with an undertaking in respect of its shareholder rights plan. The Undertaking provides that Pasofino will not cause or permit any rights under the Rights Plan to become listed and exercisable prior to 5:00 p.m. on April 15, 2025. Pasofino also provided an [...]
Further to the press release issued by Pasofino Gold Ltd. on March 5, 2025, Pasofino hereby alerts shareholders that it has provided the Ontario Securities Commission with an undertaking in respect of its shareholder rights plan . The Undertaking provides that until the earlier of 5:00 p.m. on March 31, 2025 or the OSC's revocation of this Undertaking, Pasofino will not give effect to any rights stated to have been [...]
Further to the press release issued by Pasofino Gold Ltd. on March 3, 2025, Pasofino advises that, effective today, Mr. Dan Betts and Mr. Tom Hill on the board of directors of Pasofino ) have resigned from the Board of Pasofino. The Board wishes to thank each of Mr. Betts and Mr. Hill for their service to Pasofino. In addition, Pasofino Gold Limited hereby alerts the market that the acquisition by Nioko Resources [...]
Further to the press release issued by Pasofino Gold Ltd. on March 3, 2025, Pasofino hereby alerts shareholders that it has provided the Ontario Securities Commission with an undertaking in respect of its shareholder rights plan . The Undertaking provides that until the earlier of 5:00 p.m. on March 17, 2025 or the OSC's revocation of this Undertaking, Pasofino undertakes that it will not take any further steps to give [...]
Pasofino Gold Ltd. alerts shareholders to the acquisition by Nioko Resources Corporation of control of Hummingbird Resources PLC pursuant to the exercise of a subscription option that was completed on January 7, 2025. Further particulars of the Acquisition can be found at https://www.londonstockexchange.com/news-article/market-news/form-8-dd-hummingbird/16841491. As a result of the Acquisition and a cash offer by the [...]
Pasofino Gold Ltd. is pleased to announce that it will be attending the Prospector and Developers Association of Canada in Toronto, Ontario, Canada from March 2nd - 5th, 2025. Chief Executive Officer, Brett A. Richards, stated: "I am very pleased that I will be attending the PDAC Convention next week, and look forward to 4 days or meetings, networking and presentations. Please reach out to me directly if anyone would like [...]
Pasofino Gold Ltd. is pleased to announce that it was awarded first place as the Top African Gold Project at the 2025 Mining Indaba Dealmakers Den, in Cape Town, South Africa. Chief Executive Officer, Brett A. Richards, who presented at the 2025 Mining Indaba stated: "I am very pleased that Pasofino Gold has been honoured with the award, and I think it is a testament to the many caveats which make this a truly special [...]
Pasofino Gold Ltd. is pleased to announce that it has appointed Brett A. Richards, as Chief Executive Officer with immediate effect. With over 37 years of extensive experience in the mining and metals industry, Mr. Richards brings invaluable knowledge as Pasofino advances its strategic initiatives. As an accomplished mining executive, Mr. Richards has a proven track record in operational management, project development [...]
Pasofino Gold Ltd. is pleased to provide a corporate update regarding a potential transaction, as previously announced in its press releases dated August 26, 2024, and September 16, 2024. As outlined in the September 16, 2024 press release, the Company granted exclusivity to a counterparty to complete due diligence and submit a formal proposal to the Company. Any formal offer presented is based on the non-binding offer [...]
Pasofino Gold Ltd. is pleased to announce that it has adopted a shareholder rights plan effective as of November 1, 2024 . The Rights Plan has been adopted with a view to preserve the integrity of our previously announced strategic alternatives review process and to ensure, to the extent possible, that all shareholders of the Company are treated fairly in connection with any takeover bid for the Company. Pursuant to the [...]
Pasofino Gold Ltd. is pleased to announce that it has completed the initial portion of its non-brokered private placement of units at C$0.70 per Unit for gross proceeds of approximately C$3.3 million . A second and final closing is anticipated on or about October 31, 2024. Each Unit consisted of one common share of the Company and one half of one common share purchase warrant . Each Warrant entitles the holder thereof to [...]
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