Portofino Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - June 18, 2025) - PORTOFINO RESOURCES INC. (TSXV: POR) (FSE: POTA) ("Portofino" or the "Company") wishes to report that all management resolutions proposed in the Management Proxy Circular were approved by shareholders at its Annual General Meeting ("AGM") held Wednesday June 18, 2025, including: The number of Directors for the Company was set at four.The four members elected to the Board of Directors include: David G. Tafel, Jeremy Wright, Stephen J. Wilkinson and Brian Crawford.Manning...
2025-06-18 5:52 PM EDT
Portofino Amends Amount of Debt to Be Issued for Shares
Vancouver, British Columbia--(Newsfile Corp. - February 3, 2025) - Portofino Resources Inc. (TSXV: POR) (OTC Pink: PFFOF) (FSE: POTA) ("Portofino" or the "Company") reports that it executed agreements with various (arms-length) creditors to settle up to $105,000 in outstanding debt by issuing 10,500,000 common share Units valued at $0.01 per Unit. (The Company had previously announced a proposal to settle $205,000 in debt for 20,500,000 Units.)Each Unit comprises 1 share and a ½ warrant; each full warrant will be convertible...
2025-02-03 6:22 PM EST
Portofino Proposes to Issue Shares for Debt
Vancouver, British Columbia--(Newsfile Corp. - January 24, 2025) - Portofino Resources Inc. (TSXV: POR) (OTC Pink: PFFOF) (FSE: POTA) ("Portofino" or the "Company") reports that it executed agreements with various (arms-length) creditors to settle up to $205,000 in outstanding debt by issuing 20,500,000 common share Units valued at $0.01 per Unit. Each Unit comprises 1 share and ½ warrant; a full warrant will be convertible into 1 share at $.05/share for 2 years from closing. The share for debt transactions...
2025-01-24 5:01 PM EST
Portofino Applies for Extension of Warrants
Vancouver, British Columbia--(Newsfile Corp. - October 24, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTC Pink: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is applying to the TSX Venture Exchange for a one-year extension of 21,875,000 common share purchase warrants exercisable at $0.10. 13,000,000 warrants are set to expire on November 03rd, 2024 and 8,875,000 warrants set to expire on November 29th, 2024.Both sets of warrants are currently exercisable into common shares of the Company at a price of $0.10...
2024-10-24 9:27 PM EDT
Portofino Reports on Corporate Activities
Vancouver, British Columbia--(Newsfile Corp. - October 8, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTC Pink: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to provide an update on current activities and status of priority projects.South of Otter Gold Project, Red Lake, Ontario:Portofino's South of Otter project (the "SOO") is located eight kilometers east of the Great Bear gold project owned by Kinross Gold Corp. It is believed that the SOO shares many geological characteristics with the Great...
2024-10-08 8:00 AM EDT
Portofino Reports on Strategic Financing Activities
Vancouver, British Columbia--(Newsfile Corp. - July 4, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") reports that it has opened dialogue with numerous international industry groups that have interest in securing lithium supply, including a half dozen groups that have initiated project due diligence on a post-non-disclosure agreement basis. These groups are at various stages of due diligence and review of the Company's data room. The Company has been pursuing potential strategic financing...
2024-07-04 8:00 AM EDT
Portofino Closes Transaction to Option Its Gold Creek Property
Vancouver, British Columbia--(Newsfile Corp. - June 27, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has closed its previously announced Option Agreement with Delta Resources limited ("Delta") whereby Portofino has granted Delta the exclusive right to acquire a 100% interest in its Gold Creek, Ontario property (The "Property"). The terms of the agreement include $300,000 paid in cash and 2,000,001 shares of Delta, paid as follows:1) ...
2024-06-27 5:00 PM EDT
Portofino Executes Agreement to Option Its Gold Creek Property
Vancouver, British Columbia--(Newsfile Corp. - May 28, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has entered into a Mineral Claims Option Agreement with Delta Resources limited ("Delta") whereby Portofino has granted Delta the exclusive right to acquire a 100% interest in its Gold Creek property (The "Property"). The Property covers approximately 4,324 hectares and is situated just to the west of Delta's project area located near Thunder Bay, Ontario....
2024-05-28 8:15 AM EDT
Portofino Grants Stock Options
Vancouver, British Columbia--(Newsfile Corp. - April 30, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that, in accordance with the Company's Share Option Plan it has granted options to purchase an aggregate of 360,000 common shares of the Company to certain consultants of the Company. Each Option is exercisable into one Common Share at an exercise price of $0.05. The Options are subject to certain vesting conditions and expire five years from...
2024-04-30 4:29 PM EDT
Portofino Updates Argentine Lithium Projects; PDAC Convention Exhibitor
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") wishes to update its shareholders and investors on current corporate activities as related to its two drill-ready Argentina lithium brine projects. Yergo Project, Catamarca ProvinceManagement has been focused on securing funding to commence a drill program on its 100% owned Yergo Project, in Catamarca. Advanced discussions are moving forward positively, with interest from a variety of institutional groups...
2024-02-28 8:00 AM EST
Portofino Amends South of Otter, Red Lake Agreement
Vancouver, British Columbia--(Newsfile Corp. - February 1, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has executed an amending agreement with EMX Royalty Corp., the underlying claim owner of the South of Otter, Red Lake, Ontario gold project. The Agreement allows the Company to exercise its right to earn a 100% interest in the project by making the final cash payment of $25,000 based on 50% in shares (by Feb...
2024-02-01 5:47 PM EST
Portofino and Lithium Chile Partner on Winning Bid for 8,445 Hectare Arizaro Lithium Project in Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - January 8, 2024) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") and LITHIUM CHILE INC. (TSXV: LITH) (OTCQB: LTMCF) ("Lithium Chile") (where Portofino and Lithium Chile are jointly referred to as the "Companies" hereinafter) are pleased to announce a 50:50 net equity Partnership Agreement following a successful tender for an 8,445 hectare concession within the lithium-bearing Arizaro Salar in Argentina ("Arizaro Area IV"). The Companies had previously submitted...
2024-01-08 8:30 AM EST
Portofino Expands Pre-Drilling Exploration; Receives Confirmation of Yergo Ownership; Corporate Updates
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that further to its News Release September 26, 2023, it has received confirmation from the Catamarca Province Ministry of Mining that as at October 31, 100% of the Yergo lithium concessions have been registered in Portofino's name. Portofino's geological team is immediately proceeding to file its technical response to a previously received information request from the...
2023-11-01 8:00 AM EDT
Portofino Closes Acquisition of the Drill-Ready Yergo Lithium Project by Way of Option Buyout
Vancouver, British Columbia--(Newsfile Corp. - September 26, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that further to its August 14-2023 news, it has closed the buyout of the original Yergo Project Option agreements (Yergo Binding Letter Agreement - February 15, 2019, and the Binding Letter Agreement Addendum May 12, 2021).Portofino now controls 100% of the mineral rights and concession ownership for the 2,932-hectare Yergo Lithium Project (the "Project") (see Figure 1...
2023-09-26 8:00 AM EDT
Portofino Increases and Closes $965,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - September 21, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") 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...
2023-09-21 8:00 AM EDT
Portofino Upsizes Financing to $900,000
Vancouver, British Columbia--(Newsfile Corp. - September 18, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") 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...
2023-09-18 3:20 PM EDT
Portofino Provides Further Update on the Drill-Ready Yergo Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to provide further information regarding the Company's agreement to buy-out the Yergo Lithium Project (the "Project") option agreement (see News Release August 14, 2023) (the "Option Buy-Out").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...
2023-09-07 1:31 PM EDT
Portofino Submits Final Proposals Regarding Arizaro Lithium Concessions-Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") 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 (see Figure 1). The tender submission deadline has now lapsed, and while the Company's success in the process is not guaranteed, the initial, (official) feedback suggests that the...
2023-08-23 7:00 AM EDT
Portofino Announces $500,000 Financing
Vancouver, British Columbia--(Newsfile Corp. - August 15, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") 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...
2023-08-15 1:00 PM EDT
Portofino Executes Agreement to Acquire the Drill-Ready 2,932ha Yergo Lithium Project by Way of Option Buyout
Vancouver, British Columbia--(Newsfile Corp. - August 14, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has executed a Binding Letter of Intent (the "Binding LOI") to buyout the original Option agreements (Yergo Binding Letter Agreement - February 15, 2019, and the Binding Letter Agreement Addendum May 12, 2021).The Binding LOI ensures all rights and concession ownership for the 2,932 hectare Yergo Lithium Project (the "Project") (see Figure 1 and 2)...
2023-08-14 12:10 PM EDT