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Pasofino Gold Limited (V:VEIN)

Business Focus: Gold (NEC)

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Insider Filings

Latest 10 SEDI filings for VEIN within the last 6 months
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Company News

Aug 08, 2022 17:00 ET
Pasofino Gold Announces a Non-Brokered Private Placement of up to US$5 Million
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 gross proceeds of up to C$6,428,000 (US$5,000,000) (the "Offering").
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Aug 01, 2022 08:30 ET
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
Toronto, Ontario--(Newsfile Corp. - August 1, 2022) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07) ("Pasofino" or the "Company") is pleased to announce that it has filed under its profile at the Feasibility Study in respect of the Dugbe Gold Project in Liberia. Further, the Company is pleased to announce that Hummingbird Resources Plc ("Hummingbird") has confirmed that the option exercise conditions have been satisfied such that the Company may within 120 days from the date of this press release deliver the option satisfaction notice (the "Notice") to Hummingbird. Upon delivery of the option satisfaction notice the Company will acquire its 49% interest in the Project (prior to the issuance of the Government of Liberia's 10% carried interest)[1].
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Valuation Ratios

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Short Report

DateNumber of Shares ShortedNet Change
Jul 31, 20225850
Jul 15, 2022585-14,526
Jun 30, 202215,111-15,889
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Business Summary

Sector:  Basic Materials Industry:  Gold

Pasofino Gold Limited is a Canada-based mineral exploration company. The principal business of the Company is the acquisition, exploration and development of mineral properties. The Company has an agreement with Hummingbird Resources plc (Hummingbir) to earn a 49% economic interest into the Dugbe Gold Project in Liberia. The Project is located in the southern Liberia and situated within Birimian aged rocks. The Dugbe Gold Project comprises an area of approximately 2,559 square kilometers (km2) and includes over two gold deposits, Tuzon and Dugbe F.

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