Toronto, Ontario--(Newsfile Corp. - December 29, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") announces that it received a notice dated December 16, 2025 from the Government of Liberia with respect to the Mineral Development Agreement ("MDA") previously entered into by the Company's subsidiary, Hummingbird Resources (Liberia) Inc. with the Government of The Republic of Liberia. In the notice, the Government of Liberia asserts that the Company has faile ...

Vancouver, British Columbia--(Newsfile Corp. - November 24, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) - Brett Richards, CEO and Executive Director of Pasofino Gold Limited, discusses the company's 100%-owned Dugbe Gold Project in Liberia, where an updated feasibility study and recent C$12 million financing are driving renewed momentum. With 3.9 million ounces of gold and strong local support, Richards outlines why Liberia remains one of Africa's most stable jurisdictions amid a ...

Core Viewpoint - Pasofino Gold Limited announced that all proposals submitted to shareholders at its annual general and special meeting were approved, reflecting strong shareholder support with over 75% approval for each matter voted on [1][2]. Group 1: Meeting Results - Four matters were voted on and received greater than 75% approval, with approximately 83 million shares voted at the meeting [2]. - The company expressed gratitude to its shareholders for their continued support [2]. Group 2: Company Overview - Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange, owning 100% of the Dugbe Gold Project prior to the Government of Liberia's 10% carried interest [11]. - The Dugbe Gold Project spans 1,410 km² in southern Liberia and is located within the Birimian Supergroup, known for hosting significant West African gold deposits [4]. Group 3: Project Details - The Dugbe Gold Project has two identified deposits, Dugbe F and Tuzon, with a combined Mineral Resource Estimate of 3.3 million ounces (Moz) at an average grade of 1.37 g/t Au, and an additional 0.6 Moz in Inferred resources [5]. - A Definitive Feasibility Study completed in June 2022 led to a Mineral Reserve Estimate based on open-pit mining over a 14-year Life of Mine [6]. Group 4: Future Plans - The company is focusing on updating the feasibility study for the Dugbe Gold Project to support project financing efforts aimed at commencing construction in 2026 [10].

Core Viewpoint - Pasofino Gold Limited has engaged Independent Trading Group (ITG) to provide market making services to enhance liquidity and trading quality of its common shares on the TSX Venture Exchange [1][2]. Group 1: Engagement Details - The market making services agreement with ITG became effective on May 14, 2025, and is subject to TSX Venture Exchange approval [3]. - ITG will receive a monthly compensation of C$5,000, with the Company having paid an aggregate of C$17,857.14 to date [3]. - The agreement is for an initial term of one month and will automatically renew for additional one-month terms until terminated by either party with 30 days' notice [3]. Group 2: ITG Profile - Independent Trading Group (ITG) is a Toronto-based CIRO dealer-member specializing in market making, liquidity provision, and algorithmic trading solutions [5]. - Established in 1992, ITG focuses on market structure and execution, leveraging proprietary technology to provide high-quality liquidity and execution services [5]. Group 3: Company Context - Pasofino Gold Limited is a Canadian mineral exploration company listed on the TSX Venture Exchange [6]. - The Company owns 100% of the Dugbe Gold Project, subject to a 10% carried interest by the Government of Liberia [7]. - The CEO of Pasofino highlighted the importance of ITG's services in managing liquidity and share price momentum, especially given the thin trading of Pasofino stock [6].