Portofino Resources is pleased to announce that it has executed an option agreement with a private Argentine concession owner to acquire a 100% interest in the Del Condor and Pucara lithium brine salar projects in Catamarca, Argentina. The claims encompass a combined 1,804 hectare claim block and are located within the world-class, Salar del Hombre Muerto, where FMC Lithium is currently producing lithium carbonate and [...]
Portofino Resources is pleased to announce that its geological team has completed an initial site visit to one of two lithium brine salar properties in Catamarca, Argentina subject to a letter agreement previously announced. The site visit objectives were to undertake a water and brine sampling program sufficient to confirm historical sampling methodology completed previously by consultants working on behalf of the local [...]
Portofino Resources is pleased to announce that it has closed a second and final tranche of its previously announced non-brokered private placement for proceeds of $123,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $.08. The Company has issued 2,460,000 shares which will be subject to a hold period expiring in September 2017. Finders fees [...]
Portofino Resources is pleased to announce that it has closed a first tranche of its previously announced non-brokered private placement for gross proceeds of $461,000 priced at $.05/Unit. Each Unit consists of one common share and one 2-year common share purchase warrant exercisable at $.08. The Company has issued 9,220,000 shares which will be subject to a hold period expiring in August 2017. Finders fees consisting of [...]
Centurion Minerals, reports that Portofino Resources has executed a letter of intent agreement with a private Argentine concession owner to acquire up to an 85% interest in two lithium brine salar projects in Catamarca, Argentina. Each project is approximately 3,000 hectares in size. Catamarca, located within the "Lithium Triangle" produces more lithium than any other province in Argentina. Project 1 is located directly [...]
Portofino announces that in compliance with the Company's Stock Option plan, the Board of Directors has granted 1,500,000 options exercisable for up to 5 years at $0.10 to certain directors, officers, and consultants of the Company.
Portofino Resources wishes to announce that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting held January 10, 2017, including: 1. The number of Directors for the Company was set at three. 2. The three members elected to the Board of Directors include: David G. Tafel, Stephen J. Wilkinson and Kenneth A. Cawkell.
Portofino Resources wishes to announce the resignation of Mr. Robert Coltura as a director of Portofino. The Company would like to thank Mr. Coltura for his time and service as a director and previous officer of the Company.
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