Portofino Lithium
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Great to hear that you’re participating in the Portofino story, and we’re full invested as well…!!!… Regarding developments to share, as you can guess, we’ve chosen a path of cautious investor communication to avoid any missteps in the market.
In the last few months, our team has evaluated and re-evaluated several additional properties in Catamarca and Salta and have advanced to late stages of negotiations pursuant to a number of acquisitions. With Christmas and subsequent summer holidays in Argentina now past and business back to normal, we anticipate news flow to pick up shortly.
During this time, we have also defined clear paths to enable us to expedite all required environmental and exploration permits for current and future projects. Our overarching thesis has been to move cautiously in an environment where property rights have not always been 100% clear, as protecting shareholders interest is of paramount importance to us.
If you ever have any questions, please ring me at (604)484-2161 and I’d be happy to speak further.
Regards – Jeremy
Jeremy Wright, CPA, CMA, BA Econ
Chief Financial Officer
Portofino Resources Inc.
Interessanter Bericht von JW. Vielen Dank für die Info! Dann wollen wir mal schauen, was noch so kommt....
Joss
https://www.finanzen100.de/wikifolio/...ls9k3g_H1427099311_121499061/
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Vancouver, B.C., March 05, 2018. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) ("Portofino" or the "Company") is pleased to announce that it has executed a binding agreement with a private Argentine concession owner to acquire a 100% interest in the Yergo and Yergo 2 lithium brine salar projects in Catamarca, Argentina which comprise over 3,500 Hectares ("Ha"). The property locations can be viewed on the property map link below:
Portofino Resources – Catamarca Lithium Projects
The Yergo (2932 Ha.) project is located 30 kilometres ("km") south of Portofino's Project II, and approximately 20 km south-east of Neo Lithium Corp's 3Q project.
The Yergo 2 project (614 Ha) is located approximately 20 km south of the Company's Rio Grande Sur project and 23 km west of the Antofalla salar currently being explored by Albermarle Corporation.
To acquire a 100% interest in the properties, Portofino has agreed to make annual escalating payments to the vendor over a 27-month period totalling US$500,000 as follows:
1.§US$30,000 on signing,
2.§US$20,000 within 3 months,
3.§By the 15 month anniversary of TSX-V approval- US$125,000,
4.§By the 24 month anniversary of approval- US$150,000,
5.§By the 27 month anniversary of approval- US$175,000
The Company is not aware of any historical exploration work previously completed on the Yergo projects.
About Portofino Resources Inc.
Portofino is a Vancouver, Canada based Company focused on acquiring, exploring and developing mineral resource projects in the Americas. The Company has executed agreements pursuant to six prospective lithium salar properties in Catamarca, Argentina and currently holds an interest in over 17,000 Hectares.
On Behalf of the Board,
"David G. Tafel"
Chief Executive Officer
For Further Information Contact:
David Tafel
CEO, Director
604-683-1991
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.
This news release may contain forward looking statements concerning future operations of Portofino Resources Inc. (the "Company"). All forward- looking statements concerning the Company's future plans and operations, including management's assessment of the Company's project expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company's control. Investors are cautioned that any such statements are not guarantees of future performance and that actual performance and exploration and financial results may differ materially from any estimates or projections.
Vancouver, British Columbia - (Newsfile Corp. - 27. November 2017) - PORTOFINO RESOURCES INC. ( TSXV: POR) ( FSE: POT) ("Portofino" oder das "Unternehmen") freut sich, bekannt zu geben, dass das Unternehmen erhalten hat Kapital in Höhe von insgesamt $ 691.000 und emittierte 8,9 Millionen Aktien während der letzten 2 Wochen im Rahmen der Ausübung von Optionsscheinen zum Kauf von Stammaktien zu $ 0,075 und $ 0,08 pro Aktie.
Das Unternehmen berichtet weiter über sein Management und sein geologisches Team wird im Dezember nach Argentinien reisen, um die laufenden Akquisitionsverhandlungen für zukünftige Lithium-Sole-Projekte in der Provinz Catamarca voranzutreiben. Das Management wird auch Standortbesuche bei kürzlich angekündigten Projekten sowie geplante Akquisitionsziele durchführen.
Über Portofino Resources Inc.
Portofino ist ein kanadisches Unternehmen mit Sitz in Vancouver, das sich auf die Akquisition, Exploration und Entwicklung von Mineralressourcenprojekten in Nord- und Südamerika spezialisiert hat. Das Unternehmen hat kürzlich Verträge über mehrere potenzielle Lithium-Salar-Eigenschaften abgeschlossen, die ca. 14.000 Hektar in Catamarca, Argentinien.
Im Namen des Vorstands,
"David G. Tafel"
Vorstandsvorsitzender
Für weitere Informationen