Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
M&A / Property

PASOFINO GOLD LIMITED RECEIVES FINAL ORDER APPROVING ARRANGEMENT

Pasofino Gold’s acquisition by Mansa Resources clears final court hurdle, paving way for delisting and cash‑out at agreed price

Executive Summary
  • The British Columbia Supreme Court issued a Final Order approving Pasofino Gold’s statutory plan of arrangement.
  • Under the arrangement, Mansa Resources (via 1574136 B.C. Ltd.) will acquire all remaining Pasofino shares for C$0.90 per share.
  • Completion will result in:
  • Mansa owning 100 % of Pasofino.
  • Delisting from the TSX‑Venture Exchange.
  • Pasofino ceasing to be a reporting issuer under Canadian securities law.
  • Shareholders, warrant holders and option holders must follow the Management Information Circular (SEDAR) to claim their cash consideration.
Material Impact
  • Expectation vs. outcome: The acquisition price and structure have been disclosed since January 2026 and were approved by shareholders on 31 Mar 2026. The Final Order merely removes the remaining legal hurdle.
  • Market reaction: The share price has already risen to C$0.90, matching the cash offer, indicating the market had priced in the transaction but still rewarded the certainty of court approval.
  • Impact magnitude: The news eliminates execution risk and triggers an imminent cash‑out for all shareholders. While material to investors (full liquidation), it is routine relative to prior announcements; no new terms or premium were introduced.
VEIN · Price
Company Overview

Pasofino Gold Limited is a junior gold explorer focused on the Dugbe Gold Project in southern Liberia. The project comprises two deposits (Dugbe F & Tuzon) with Measured & Indicated resources of ~3.3 Moz Au at 1.37 g/t and Inferred resources of ~0.6 Moz Au. A 2022 definitive feasibility study projected a 14‑year open‑pit mine, $435 M capex, and after‑tax NPV of $524 M (US$1,700/oz gold price). The company is currently updating the FS to reflect higher gold prices and lower operating costs.

Read the original news release →

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