PORTOFINO RESOURCES INC - PFFOF STOCK NEWS

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PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) is a Vancouver-based Canadian company focused on exploring and developing mineral resource projects in the Americas. The company holds a 100% interest in the Yergo Lithium property in Catamarca and has an opportunity to earn a majority interest in other lithium projects in Salta, Argentina. Additionally, Portofino has the right to earn a 100% interest in three northwestern Ontario, Canada lithium projects and several gold projects. The Yergo Lithium Project in Catamarca, Argentina, has shown promising results with surface sampling returning up to 373 mg/l Lithium and 7,160 mg/l Potassium. Portofino's recent partnership with Lithium Chile Inc. to explore the Arizaro Lithium Project adds to the company's strategic growth initiatives.

09/26/2023 08:00 AM

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Portofino Closes Acquisition of the Drill-Ready Yergo Lithium Project by Way of Option Buyout

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Portofino Resources Inc. has closed the buyout of the Yergo Project Option agreements, gaining 100% control of the Yergo Lithium Project. They plan to proceed with a 4-hole drill program. The formation of lithium-bearing brines in this project and Zijin's 3Q Project may be related. Portofino's surface sampling programs have shown promising lithium and potassium values. The project is now at a drill-ready stage.

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09/21/2023 08:00 AM

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Portofino Increases and Closes $965,000 Financing

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Portofino Resources Inc. closes private placement financing for $965,000 at $0.10 per Unit

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-2.72%

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09/18/2023 03:20 PM

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Portofino Upsizes Financing to $900,000

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Portofino Resources Inc. upsizes private placement financing from $500,000 to $900,000 at $0.10 per Unit.

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9.77%

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09/07/2023 01:31 PM

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Portofino Provides Further Update on the Drill-Ready Yergo Lithium Project

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Portofino Resources Inc. is receiving renewed interest in its Yergo Lithium Project, with active discussions ongoing for possible investment, joint venture, or acquisition. Recent buy-side demand for lithium-brine properties in Argentina suggests the project's valuation may exceed the value range of US$1,800 to over $2,300 per hectare. The company's private placement financing is progressing well and expected to close soon. The Yergo Project, located near the world-class 3Q Project, has completed a geophysical survey and surface sampling programs, advancing it to a drill-ready stage.

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0.82%

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08/23/2023 07:00 AM

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Portofino Submits Final Proposals Regarding Arizaro Lithium Concessions-Salta, Argentina

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Portofino Resources Inc. submits proposals for lithium concessions in Argentina, initial feedback suggests financial proposals are competitive

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-6.95%

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08/15/2023 01:00 PM

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Portofino Announces $500,000 Financing

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5.35%

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08/14/2023 12:10 PM

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Portofino Executes Agreement to Acquire the Drill-Ready 2,932ha Yergo Lithium Project by Way of Option Buyout

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24.58%

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08/04/2023 01:00 AM

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Portofino Announces Advisory Board Implementation, Options Grants

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-1.72%

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08/01/2023 06:53 PM

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Portofino Announces Closing of $538,000 Financing

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5.94%

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07/28/2023 02:05 PM

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Portofino Announces Increase to Fully Subscribed Financing

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8.77%

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FAQ

What is the current stock price of PORTOFINO RESOURCES (PFFOF)?

The current stock price of PORTOFINO RESOURCES (PFFOF) is $0.011081 as of October 11, 2024.

What is the market cap of PORTOFINO RESOURCES (PFFOF)?

The market cap of PORTOFINO RESOURCES (PFFOF) is approximately 2.5M.

What is PORTOFINO RESOURCES INC (PFFOF) focused on?

PORTOFINO RESOURCES INC (PFFOF) is focused on exploring and developing mineral resource projects in the Americas, with a strong emphasis on lithium projects.

What are some of PORTOFINO RESOURCES INC's (PFFOF) recent achievements?

PORTOFINO RESOURCES INC (PFFOF) has successfully completed surface sampling at the Yergo Lithium Project, returning promising results of up to 373 mg/l Lithium and 7,160 mg/l Potassium.

What strategic partnership has PORTOFINO RESOURCES INC (PFFOF) recently entered into?

PORTOFINO RESOURCES INC (PFFOF) has entered into a partnership with Lithium Chile Inc. to explore the Arizaro Lithium Project in Salta, Argentina, enhancing its growth potential in the lithium sector.

What projects does PORTOFINO RESOURCES INC (PFFOF) have rights to in Ontario, Canada?

PORTOFINO RESOURCES INC (PFFOF) holds the right to earn a 100% interest in three pegmatite lithium projects and several gold projects located within northwestern Ontario, Canada.

What recent developments have occurred at PORTOFINO RESOURCES INC (PFFOF)?

PORTOFINO RESOURCES INC (PFFOF) recently granted options to consultants, entered into an agreement with Delta Resources Limited for the Gold Creek property, and executed a claim purchase agreement for additional property in Thunder Bay, Ontario.