Company Press Releases

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

2023-02-13 / @newsfile

Toronto, Ontario--(Newsfile Corp. - February 13, 2023) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that further to Pasofino's press release on November 1, 2022 (the "November 1 Press Release"), announcing the exercise by Pasofi...Read More

Pasofino Gold Announces Completion of Shares for Debt Settlement

2023-01-23 / @newsfile

Toronto, Ontario--(Newsfile Corp. - January 23, 2023) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") 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...Read More

Pasofino Gold Announces Issuance of Shares for Debt Settlement

2022-11-21 / @newsfile

Toronto, Ontario--(Newsfile Corp. - November 21, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has agreed with the independent and non-executive directors to issue 122,989 common shares ("Debt Shares") to such direc...Read More

Pasofino Gold Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.3 Million

2022-10-20 / @newsfile

Toronto, Ontario--(Newsfile Corp. - October 20, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") 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 o...Read More

Pasofino Gold Announces Exercise of Right to Acquire 100% of the Dugbe Gold Project from Hummingbird Resources plc

2022-11-01 / @newsfile

Toronto, Ontario--(Newsfile Corp. - November 1, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has provided notice to Hummingbird Resources plc ("HB PLC") that it is exercising its right under the option agreement t...Read More

Pasofino Gold Announces Extension of Non-Brokered Private Placement

2022-10-14 / @newsfile

Toronto, Ontario--(Newsfile Corp. - October 14, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has received an extension from the TSX Venture Exchange (the "Exchange") to close its previously announced non-brokered...Read More

Pasofino Gold Announces 49% Earned Interest in the Dugbe Project

2022-09-27 / @newsfile

Toronto, Ontario--(Newsfile Corp. - September 27, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") 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...Read More

Pasofino Gold Announces Results of Initial Fieldwork at the Bukon Jedeh Area

2022-08-22 / @newsfile

Toronto, Ontario--(Newsfile Corp. - August 22, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") 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 t...Read More

Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5 Million

2022-08-08 / @newsfile

Toronto, Ontario--(Newsfile Corp. - August 8, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of up to 12,856,000 units of the Company (each, a "Unit") at C$0.50 (or US$0.39) per Unit for gros...Read More

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

2022-08-01 / @newsfile

Pre-Tax NPV of 5% of US$690 million, Pre-Tax IRR of 26.35% and AISC of US$1,005/oz2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 years Toronto, Ontario--(Newsfile Corp. - August 1, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N...Read More

Pasofino Gold Announces Appointment of New CEO, and Update on Strategic Process Led by Ian Stalker

2022-06-20 / @newsfile

Toronto, Ontario--(Newsfile Corp. - June 20, 2022) -  Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce the appointment of Dr. Daniel Limpitlaw, as President and CEO of the company effective immediately. Daniel replaces Ian Stalk...Read More

IIROC Trading Halt - VEIN

2022-06-13 / @newswire

VANCOUVER, BC, June 13, 2022 /CNW/ - The following issues have been halted by IIROC: Company: Pasofino Gold Limited  TSX-Venture Symbol: VEIN   All Issues: Yes Reason: At the Request of the Company Pending News Halt Time (ET): 9:13 AM IIROC can make a decision to impose a temporary suspe...Read More

Pasofino Gold Announces Feasibility Study Results for the Dugbe Gold Open Pit Project in Liberia

2022-06-13 / @newsfile

Pre-Tax NPV5% of USD690 million, Pre-Tax IRR of 26.35% and AISC of USD1,005/oz2.27Moz gold production over a 14-year mine life, producing 200,000 oz per annum in the first 5 yearsUpon filing of the Feasibility Study on SEDAR Pasofino can deliver an Option Satisfaction Notice confirming that it...Read More

IIROC Trading Resumption - VEIN

2022-06-13 / @newswire

VANCOUVER, BC, June 13, 2022 /CNW/ - Trading resumes in: Company: Pasofino Gold Limited TSX-Venture Symbol: VEIN All Issues: Yes Resumption (ET): 11:00 AM IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are impl...Read More

Pasofino Gold Appoints Savas Sahin To Board of Directors

2022-04-25 / @newsfile

Toronto, Ontario--(Newsfile Corp. - April 25, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") 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. He...Read More

Pasofino Gold Announces Progress on the Feasibility Study for the Dugbe Gold Project, Plans to Acquire Control of the Dugbe Gold Project, Granting of Stock Options, and Issuance of Shares for Debt Settlement

2022-02-07 / @newsfile

Toronto, Ontario--(Newsfile Corp. - February 7, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce positive developments from the ongoing Feasibility Study ("FS") being undertaken on the Dugbe Gold Project ("The Project") b...Read More

Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5.5 Million Supported by a Strategic Investment of Approximately US$4.5 Million Subscription from ESAN

2021-12-06 / @newsfile

Toronto, Ontario--(Newsfile Corp. - December 6, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of common shares at $0.70 (or US$0.55) per share for gross proceeds of up to US$5.5 million...Read More

Pasofino Gold Announces an Updated Mineral Resource Estimate (MRE) for the Dugbe Gold Project Including 3.4 Moz in Measured & Indicated - a One Million Ounce Increase, Paving Way for Completion of the Definitive Feasibility Study Which Is Well Advanced

2021-11-22 / @newsfile

Toronto, Ontario--(Newsfile Corp. - November 22, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce updates to the Mineral Resource Estimates for the Dugbe F and Tuzon deposits on the Dugbe Gold Project ("The Project"), in w...Read More

Pasofino Gold Announces Results for a Further 12 Holes at Tuzon Deposit on the Dugbe Gold Project

2021-09-08 / @newsfile

Toronto, Ontario--(Newsfile Corp. - September 8, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company")  is pleased to announce that it has received results from a further 12 holes drilled at the Tuzon deposit on the Dugbe Gold Project, in whic...Read More

Pasofino Gold Announces Results of a Further Six Drill Holes at the Tuzon Deposit at the Dugbe Gold Project

2021-08-18 / @newsfile

Toronto, Ontario--(Newsfile Corp. - August 18, 2021) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has received results for a further six holes drilled at the Tuzon deposit on the Dugbe Gold Project, in which the Com...Read More

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