Portofino Receives and Rejects Notice of Termination for Yergo Property Agreement
Vancouver, British Columbia--(Newsfile Corp. - September 22, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has received a Notice of Termination (the "Notice") from Mr. Fabian Bertetto, the claim owner and Optionor of the Yergo Project in Catamarca, Argentina, regarding the April 2019 Binding Letter Option Agreement and the May 2021 Binding Letter Agreement Addendum (collectively the "Agreements"). The Notice purports to terminate the Agreements. The Company has immediately and...
2022-09-22 7:00 AM EDT
Portofino Reports Airborne Survey Results- Allison Lake North Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - September 15, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce that it has received results from a property wide high-resolution helicopter-borne magnetometer ("mag") geophysical survey completed by Prospectair Geosurveys, on the Allison Lake North property (the "Property"). The survey comprised 406 line-kilometers of high-resolution mag with GPS controlled 50-meter line separations. The objective of the survey was to identify structural weaknesses, geological...
2022-09-15 11:30 AM EDT
Portofino Commences Exploration and Sampling on Greenheart/McNamara, Ontario Lithium Projects
Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") reports that its geological team has been mobilized to the Greenheart Lake ("GL") and McNamara Lake ("ML") lithium properties and has commenced a mapping, sampling, and reconnaissance exploration program. The GL Property comprises approximately 1,200 hectares and the ML Property approximately 1,120 hectares. Both properties are strategically located in the Balmoral and McNamara Lake areas of northwestern...
2022-09-12 9:00 AM EDT
Portofino Announces AGM Results
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (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 September 7, 2022, including:The number of Directors for the Company was set at three.The three members elected to the Board of Directors include: David G. Tafel, Stephen J. Wilkinson and Brian Crawford.Manning Elliott...
2022-09-07 4:47 PM EDT
Portofino Reports Issuance of Environmental Resolution Enabling Drilling and Exploration- Yergo Lithium Project, Argentina
Vancouver, British Columbia--(Newsfile Corp. - August 23, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce that an official Resolution (the "Resolution") from the Minister of Water, Energy and Environment of Catamarca province has been issued. The Resolution includes reference to an underlying report that details commercial activity guidelines within the southern part of the province and authorizes exploration and drilling at the Yergo Lithium Project (the "Project"). The Resolution...
2022-08-23 8:30 AM EDT
Portofino Executes Collaboration Agreement Arizaro Lithium Project - Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce the execution of a definitive collaboration agreement with Recursos Energeticos y Mineros De Salta S.A. ("REMSA"), the state-owned mining company of the Province of Salta, Argentina. The agreement provides Portofino with the opportunity to earn a majority interest in an 8,445-hectare concession within the Arizaro lithium salar which is located in the heart of...
2022-07-05 8:00 AM EDT
Portofino Summarizes Argentina Lithium Projects - Progress and Actions
Vancouver, British Columbia--(Newsfile Corp. - June 9, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to report on its Argentina lithium projects' status and provide the following progress and actions updates:Yergo Lithium Project, Catamarca The Company reports that following initial filing of an Environmental Impact Assessment associated with a drilling permit application (regarding the implementation of an inaugural 4-hole drill program), extensive consultation and dialogue with the Catamarcan provincial Ministries of...
2022-06-09 11:58 AM EDT
Portofino Reports Airborne Survey Underway; Additional Claims Acquired - Allison Lake North Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce that it has engaged Prospectair Geosurveys to complete a high-resolution helicopter-borne magnetometer geophysical survey on the Allison Lake North property (the "Property"). The support crew has been mobilized and the survey is underway. The program comprises approximately 406 line-kilometers of airborne geophysical surveys with GPS controlled, 50-meter line separations in order to achieve...
2022-05-10 8:00 AM EDT
Portofino Executes Agreement Regarding Multiple Lithium Projects, Covering More than 27,000ha in Salta, Argentina
Vancouver, British Columbia--(Newsfile Corp. - March 2, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce the execution of a Memorandum of Understanding ("MOU") with Recursos Energeticos Y Mineros De Salta S.A. ("REMSA"), the state-owned mining company of the Province of Salta, Argentina.The MOU provides Portofino with an option to earn a majority interest in multiple mining concessions that REMSA maintains. The initial mining properties with geological potential have been...
2022-03-02 1:36 PM EST
Portofino Updates Status of Yergo, Catamarca Drilling Permit
Vancouver, British Columbia--(Newsfile Corp. - February 28, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that pursuant to meetings held in Argentina between the Company's senior management, the National Mining Secretary and the Minister of Water, Energy and Environment for the Province of Catamarca during the week of February 21st, 2022, the Company has gained significant clarity regarding the Yergo project drill permit. The permit has been pending for an extended period,...
2022-02-28 10:35 AM EST
Portofino Receives Elevated Channel Sample Results - Allison Lake North
Vancouver, British Columbia--(Newsfile Corp. - January 14, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce results from a follow-up systematic channel sampling program on the Allison Lake North Lithium and Rare Elements Property (the "Property") located 100 kilometres ("km") east of the town of Red Lake in northwestern Ontario. In addition to expanding on the Company's initial exploration program where encouraging Lithium ("Li") and Tantalum ("Ta") values were discovered,...
2022-01-14 9:00 AM EST
Portofino Grants Incentive Stock Options
Vancouver, British Columbia--(Newsfile Corp. - January 6, 2022) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that in compliance with the Company's Stock Option Plan, the Board of Directors has granted 1.25 million incentive common share options exercisable for up to 5 years at $0.12 to certain directors, officers, and consultants of the Company.About Portofino Resources Inc.Portofino is a Vancouver-based Canadian company focused on exploring and developing mineral resource projects in the Americas....
2022-01-06 5:20 PM EST
Portofino Announces Lithium Properties Updates and Acquisition
Vancouver, British Columbia--(Newsfile Corp. - December 14, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is providing an update to investors on its current and ongoing exploration and corporate activities: Yergo Lithium ProjectThe Company submitted a drilling permit application to the Provincial Mining Ministry of Catamarca, Argentina and the approval process has taken much longer than anticipated. The Company's Argentine representatives have however, maintained regular contact with the Ministry and they...
2021-12-14 10:51 AM EST
Portofino Retains IR Consultant
Vancouver, British Columbia--(Newsfile Corp. - November 12, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") announces that it has retained 1712060 Alberta Co. ("Ward Kondas") to provide strategic investor relations and financial communications services for a period of up to 12 months. The Company will pay a monthly retainer fee of $12,500 for select strategic communications services. Mr. Kondas has been active in Corporate Finance/Venture Capital and Communications for over 20 years. His...
2021-11-12 2:00 PM EST
Portofino Increases and Closes $700k Private Placement
Vancouver, British Columbia--(Newsfile Corp. - November 1, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce it has increased and closed its previously announced non-brokered private placement for gross proceeds of $700,000 priced at $0.09 per Common Share 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...
2021-11-01 10:34 AM EDT
Portofino Announces Fully Subscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 26, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce a fully subscribed non-brokered private placement of $676,000 priced at $0.09 per Common Share Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to purchase one common share at a...
2021-10-26 12:48 PM EDT
Portofino Closes Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to report, its previously announced non-brokered, private placement comprising common share Units has closed and the Company has received subscriptions for $650,000.Each Unit consists of one common share and one share purchase warrant. Each warrant has a term of 36 months commencing on the Closing Date and entitles the holder to purchase one common share at...
2021-10-20 10:37 AM EDT
Portofino Increases Oversubscribed Private Placement
Vancouver, British Columbia--(Newsfile Corp. - October 13, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce that due to strong interest, its previously announced non-brokered private placement ($.08/Unit) of $500,000 has been oversubscribed and increased to $650,000. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to...
2021-10-13 3:21 PM EDT
Portofino Sending Team to Yergo Lithium Project, Argentina
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to report that its Argentine field crew is traveling to the Yergo, Argentina lithium project this week to evaluate current conditions and prepare site logistics for an upcoming drilling program. Portofino's technical team has identified an initial 4 priority drill targets and a drilling contract has been executed. Drill testing of the Project will enable initial...
2021-10-12 10:42 AM EDT
Portofino Arranges $500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - September 17, 2021) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company") is pleased to announce that it has arranged a non-brokered private placement financing for $500,000 priced at $0.08 per Unit. Each Unit will consist of one common share and one share purchase warrant. Each Warrant shall have a term of 36 months commencing on the Closing Date and shall entitle the holder to purchase one common share at...
2021-09-17 5:17 PM EDT