Pasofino Gold Provides Update to Its March 5, 2025 Press Release
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) has provided an important update regarding its shareholder rights plan. The company has submitted an undertaking to the Ontario Securities Commission (OSC) stating that until March 31, 2025 at 5:00 p.m. (ET), or until the OSC revokes the undertaking, Pasofino will not activate any rights granted under the Rights Plan or allow such rights to become listed and exercisable.
The company, through its subsidiary, maintains 100% ownership of the Dugbe Gold Project, subject to the Government of Liberia's 10% carried interest.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) ha fornito un aggiornamento importante riguardo al suo piano di diritti degli azionisti. L'azienda ha presentato un impegno alla Ontario Securities Commission (OSC) dichiarando che fino al 31 marzo 2025 alle 17:00 (ET), o fino a quando l'OSC non revoca l'impegno, Pasofino non attiverà alcun diritto concesso ai sensi del Piano di Diritti né permetterà che tali diritti siano quotati e esercitabili.
L'azienda, attraverso la sua controllata, detiene il 100% della proprietà del Dugbe Gold Project, soggetto a un interesse del 10% mantenuto dal Governo della Liberia.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) ha proporcionado una actualización importante sobre su plan de derechos de los accionistas. La empresa ha presentado un compromiso a la Ontario Securities Commission (OSC) indicando que hasta el 31 de marzo de 2025 a las 5:00 p.m. (ET), o hasta que la OSC revoque el compromiso, Pasofino no activará ningún derecho otorgado bajo el Plan de Derechos ni permitirá que tales derechos sean listados y ejercitables.
La empresa, a través de su filial, mantiene el 100% de la propiedad del Dugbe Gold Project, sujeto a un interés del 10% del Gobierno de Liberia.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF)는 주주 권리 계획에 대한 중요한 업데이트를 제공했습니다. 회사는 온타리오 증권 위원회 (OSC)에 2025년 3월 31일 오후 5시 (ET)까지, 또는 OSC가 약정을 철회할 때까지, Pasofino가 권리 계획에 따라 부여된 권리를 활성화하지 않으며 이러한 권리가 상장되거나 행사 가능해지지 않도록 하겠다는 약속을 제출했습니다.
회사는 자회사를 통해 Dugbe Gold Project의 100% 소유권을 보유하고 있으며, 이는 리베리아 정부의 10% 이익을 조건으로 합니다.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) a fourni une mise à jour importante concernant son plan de droits des actionnaires. La société a soumis un engagement à la Commission des valeurs mobilières de l'Ontario (OSC) indiquant que jusqu'au 31 mars 2025 à 17h00 (ET), ou jusqu'à ce que l'OSC révoque l'engagement, Pasofino n'activera aucun droit accordé en vertu du Plan de Droits ni ne permettra que ces droits soient cotés et exerçables.
La société, par l'intermédiaire de sa filiale, détient 100 % de la propriété du Dugbe Gold Project, sous réserve d'un intérêt de 10 % du gouvernement du Libéria.
Pasofino Gold (TSXV: VEIN) (OTCQB: EFRGF) hat ein wichtiges Update zu seinem Aktionärsrechtenplan bereitgestellt. Das Unternehmen hat der Ontario Securities Commission (OSC) eine Verpflichtung vorgelegt, in der erklärt wird, dass Pasofino bis zum 31. März 2025 um 17:00 Uhr (ET) oder bis die OSC die Verpflichtung aufhebt, keine unter dem Rechteplan gewährten Rechte aktivieren oder zulassen wird, dass solche Rechte notiert und ausgeübt werden.
Das Unternehmen hält über seine Tochtergesellschaft 100% des Eigentums am Dugbe Gold Project, vorbehaltlich eines 10% Anteils der Regierung von Liberia.
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Toronto, Ontario--(Newsfile Corp. - March 7, 2025) - Further to the press release issued by Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") on March 5, 2025, Pasofino hereby alerts shareholders that it has provided the Ontario Securities Commission (the "OSC") with an undertaking (the "Undertaking") in respect of its shareholder rights plan (the "Rights Plan"). The Undertaking provides that until the earlier of 5:00 p.m. (ET) on March 31, 2025 or the OSC's revocation of this Undertaking, Pasofino will not give effect to any rights stated to have been granted under Rights Plan or cause or permit any such rights to become listed and exercisable.
ABOUT PASOFINO GOLD LTD.
Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSXV (VEIN).
Pasofino, through its wholly owned subsidiary, owns
For further information, please visit www.pasofinogold.com or contact:
Brett A. Richards, Chief Executive Officer and Director
T: 905 449 1500
E: brett@brettrichards.org
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING STATEMENTS
This news release contains "forward-looking statements" that are based on expectations, estimates, projections and interpretations as at the date of this news release. Forward-looking statements are frequently characterised by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "indicate", "may", "will", "should" and other similar words or statements that certain events or conditions "could" or "might" occur, and include, without limitation, statements regarding any potential transaction involving the Company or the Dugbe Gold Project. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors may include, but are not limited to, the ability to execute its strategic initiatives; the ability to advance the Dugbe Gold Project; the ability to apply the proceeds as intended; the ability to obtain requisite regulatory approvals, including from the TSX Venture Exchange and relevant authorities; the results of exploration and business activities; fluctuations in commodity prices; geopolitical risks; the availability and timing of external financing on acceptable terms; operational and logistical challenges; and the risks outlined in the Company's Management Discussion and Analysis as filed on SEDAR+. The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243796
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