Portofino Resources Inc.

Portofino Resources Inc. wishes to announce that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting held Friday January 18, 2019, including: The number of Directors for the Company was set at three. The three members elected to the Board of Directors include: David G. Tafel, Stephen J. Wilkinson and Kenneth A. Cawkell. Manning Elliott LLP [...]

Portofino Resources Inc. announces that due to strong interest in its previously announced financing it has increased its non-brokered private placement from $500,000 to up to $600,000 priced at $.055/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08. Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a four-month [...]

Portofino Resources Inc. announces it has arranged a non-brokered private placement for up to $500,000 for 9,090,909 Units priced at $.055/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08. The Company contemplates that various exemptions will be utilized pursuant to this financing. It may rely upon the suitability advice exemption as well as the existing [...]

Portofino Resources Inc. has received TSX Venture Exchange approval to consolidate the Company's issued and outstanding share capital and the common shares will commence trading on a post-consolidation basis on January 4, 2019. The Company's name and trading symbol will remain the same. The consolidation will be based on 1 post-consolidation common share for every 4 pre-consolidation common shares. The Company currently [...]

Portofino Resources Inc. announces that it intends to apply to the TSX Venture Exchange for approval of a consolidation of the Company's issued and outstanding share capital. The proposed consolidation will be on a basis of up to 1 post-consolidation common share for every 4 pre-consolidation common shares. The Company currently has 51,963,500 shares outstanding and subject to the approval and completion would result in [...]

Portofino Resources Inc. is pleased to announce that it has executed a definitive agreement with a private Argentine concession owner to acquire a 100% interest in the Hombre Muerto West lithium brine project in Catamarca, Argentina. This agreement supersedes the agreement announced September 7, 2017. The Hombre Muerto West project is comprised of two claim blocks totaling 1,804-hectares. It is located within the [...]

Portofino Resources Inc. is pleased to announce results from its 2018 exploration/evaluation program on the Rio Grande Sur lithium brine project in Catamarca, Argentina. The exploration program included geological mapping and pit and auger sampling of near-surface saline brines to depths down to 1 meter. In total, 13 sample sites were tested within the project concessions with samples returning values of up to 216 mg/L [...]

Portofino Resources Inc. is pleased to announce that it has executed a Definitive Agreement with a private Argentine concession owner to acquire a 100% interest in the Rio Grande Sur lithium brine project in Catamarca, Argentina. This agreement supersedes the binding agreement announced in November 2017. The concession area comprises approximately 8,500 hectares and consolidates the southern extension of the Rio Grande [...]

Portofino Resources is pleased to announce results from its exploration program on the Hombre Muerto West lithium brine project in Catamarca. A total of 18 sample sites were tested within the project concessions and the highest-grade sample returned 1,031mg/L lithium , 9,511 mg/L potassium and 1,716 mg/L magnesium. The overall average of the eighteen analyses is 384.4 mg/L Li and 3,848.2 mg/L K. The average magnesium [...]

Portofino Resources announces that it's geological team has completed a comprehensive initial exploration program on its Hombre Muerto and Rio Grande Sur, lithium brine projects in Catamarca, Argentina. The programs included geological mapping and near surface auger trench sampling. 18 sample sites were tested at the Hombre Muerto project area and 13 at the Rio Grande Sur project area. All samples have been submitted to [...]