Portofino Resources Inc.

Portofino Resources Inc. wishes to announce that it has increased and closed its private placement financing for $965,000 priced at $0.10 per Unit. Each Unit consists of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.15. The Company is issuing 9,650,000 Share Units that are subject to [...]

Portofino Resources Inc. wishes to announce that due to strong interest, it has upsized its previously announced private placement financing from $500,000 to $900,000 priced at $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.15. Proceeds from [...]

Portofino Resources Inc. is pleased to provide further information regarding the Company's agreement to buy-out the Yergo Lithium Project option agreement . Since announcing the Option Buy-Out, the Company has received renewed interest from groups that had previously engaged with Portofino pursuant to possible project-level investment, joint venture, and outright acquisition of the Project. At present, the Company is [...]

Portofino Resources Inc. announces that it has submitted detailed proposals through a public tender process in Salta, Argentina, for two contiguous lithium concessions, sub-areas III and IV, within the highly coveted, Arizaro Salar . The tender submission deadline has now lapsed, and while the Company's success in the process is not guaranteed, the initial, feedback suggests that the Company's financial proposals are [...]

Portofino Resources Inc. wishes to announce that it has arranged a "fully committed" non-brokered private placement financing for $500,000 priced at $0.10 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.15. Proceeds from the financing will be [...]

Portofino Resources Inc. announces that it has executed a Binding Letter of Intent to buyout the original Option agreements . The Binding LOI ensures all rights and concession ownership for the 2,932 hectare Yergo Lithium Project are transferred directly to Portofino. This enables Portofino to advance its previously submitted drill permit application and proceed thereafter with an initial, planned 4-hole drill program [...]

VANCOUVER, BC, Aug. 14, 2023 /CNW/ - The following issues have been halted by CIRO Company: Portofino Resources Inc. TSX-Venture Symbol: POR All Issues: Yes Reason: Pending News Halt Time : 9:13 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory [...]

Portofino Resources Inc. is pleased to announce that Mr. Alex Molyneux and Mr. Blake Steele have agreed to accept appointments to its newly created Advisory Board. Mr. Alexander Molyneux is a metals and mining industry executive with 25 years industry experience and a proven track record with critical mineral and energy metal project development. He was Chairman of ASX-listed Argosy Minerals Ltd. , during which time the [...]

Portofino Resources Inc. announces that it has closed its non-brokered private placement financing in the amount of $538,000 priced at $0.04 per Unit. The Company is issuing 13,450,000 Units with each Unit consisting of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.06. Finders' fees [...]

Portofino Resources Inc. announces that it has increased its non-brokered private placement financing from $508,000 to $538,000 priced at $0.04 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at a price of $0.06. The majority of the proceeds from the financing shall [...]