Latest news with #Hummingbird
Yahoo
3 days ago
- Business
- Yahoo
Pasofino Gold Announces Its Attendance at the Mining Investment Event in Quebec City, Quebec from June 3-5, 2025
Toronto, Ontario--(Newsfile Corp. - May 30, 2025) - Pasofino Gold Limited (TSXV: VEIN) (OTCQB: EFRGF) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it will be in attendance for the Mining Investment Event taking place in Quebec City, Quebec, from June 3rd to June 5th 2025, inclusive. Chief Executive Officer, Mr. Brett Richards, commented: "We are looking forward to the Mining Investment Event this coming week in Quebec City, and welcome Issuers and investors interested in hearing the new Pasofino Gold story, and its path to production." ABOUT THE DUGBE GOLD PROJECT The 2,078 km2 Dugbe Gold Project (the "Project") is in southern Liberia and situated within the southwestern corner of the Birimian Supergroup which is host to most West African gold deposits. To date, two deposits have been identified on the Project; Dugbe F and Tuzon discovered by Hummingbird in 2009 and 2011 respectively. The deposits are located within 4 km of the Dugbe Shear Zone which is thought to have played a role in large scale gold mineralization in the area. A significant amount of exploration in the area was conducted by Hummingbird up until 2012 including 74,497 m of diamond coring. Pasofino drilled an additional 14,584 m at Tuzon and Dugbe during 2021. These deposits have a combined Mineral Resource Estimates dated 17 November 2021 with total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred. Following the completion of the Definitive Feasibility Study in June 2022 a Mineral Reserve Estimate was declared, based on the open-pit mining of both deposits over a 14-year Life of Mine. A technical report for the Dugbe Gold Project was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and filed on SEDAR+ at and on the Company's website. In addition to the existing deposits there are many gold prospects within the Project including the Bukon Jedeh area and the DSZ target on the Tuzon-Sackor trend where Pasofino has discovered a broad zone of surface gold mineralisation in trench and outcrop along strike from Tuzon. At this and several of the other prospects no drilling has been carried out to date. In 2019, Hummingbird signed a 25-year Mineral Development Agreement ("MDA") with the Government of Liberia providing the necessary long-term framework and stabilization of taxes and duties. Under the terms of the MDA, the royalty rate on gold production is 3%, the income tax rate payable is 25% (with credit given for historic exploration expenditures), the fuel duty is reduced by 50%, and the Government of Liberia is granted a free carried interest of 10% in the Project. QUALIFIED PERSONS STATEMENT Scientific or technical information in this disclosure that relates to exploration results was prepared and approved by Mr. Andrew Pedley. Mr. Pedley is a consultant of Pasofino Gold Ltd.'s wholly-owned subsidiary ARX Resources Limited. He is a member in good standing with the South African Council for Natural Scientific Professions (SACNASP) and is as a Qualified Person under NI 43-101. ABOUT PASOFINO GOLD LTD. Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange (VEIN). Pasofino, through its wholly-owned subsidiary, owns 100% of the Dugbe Gold Project (prior to the issuance of the Government of Liberia's 10% carried interest). For further information, please visit or contact: Brett A. RichardsChief Executive Officer & DirectorT: +1 905 449 1500E: brett@ 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", "seek", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the ability to raise the funds to finance its ongoing business activities including the acquisition of mineral projects and the exploration and development of its projects. 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, risks related to investor engagement and interest, the results of business operation, the ability to advance the Dugbe Gold Project, the results of exploration activities; the results of the strategic review process, the ability of the Company to complete further exploration activities; timing and availability of external financing on acceptable terms and those risk factors 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. NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES To view the source version of this press release, please visit
Yahoo
5 days ago
- Business
- Yahoo
Pasofino Gold Announces Closing of Non-Brokered Private Placement for Gross Proceeds of Approximately C$5.0 Million
Toronto, Ontario--(Newsfile Corp. - May 28, 2025) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce that it has closed its non-brokered private placement (announced April 30, 2025) of units (each, a "Unit") at a price of C$0.50 (or US$0.36) per Unit, for gross proceeds of approximately C$5.0 million (US$3.6 million) (the "Offering"). The Offering closed on May 27, 2025. Each Unit consists of one common share in the capital of the Company (each, a "Unit Share") and one half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder thereof to purchase one common share of the Company (each, a "Warrant Share") at a price of C$0.75 for a period of 24 months following the issue date of the Units. Pursuant to the terms of the Warrants, the Company may accelerate the expiry date of the Warrants if the closing price of the Company's common shares on the TSX Venture Exchange equals or exceeds C$0.90 for fifteen (15) consecutive trading days, to the date which is 30 days following the dissemination of a news release announcing the acceleration. A total of 10,000,000 common shares in the capital of the Company and 5,000,000 Warrants were issued pursuant to the Offering. All securities issued are subject to a 4 month hold period expiring September 28, 2025. In connection with the Offering, the Company paid finder's fee of C$57,312 in cash. The Company received a lead order from the Chief Executive Officer, Brett Richards, for 400,000 Units for gross proceeds of approximately C$200,000. Mansa Resources Limited, an affiliate of Hummingbird Resources plc ("Hummingbird"), the Company's 50.78% shareholder, subscribed to maintain Hummingbird's majority interest, acquiring 5,176,000 Units for gross proceeds of C$2,588,000. The total percentage of the Offering taken by insiders is 55.76% for gross proceeds of C$2,788,000. The subscription by and issuance of Units to all insiders is considered a related party transaction under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company relied on exemptions from the formal valuation and minority approval requirements in sections 5.5(a) and 5.7(1)(a) of MI 61-101, respectively, in respect of insiders' participation. The net proceeds of the Offering will be used to advance the Dugbe Gold Project and for general working capital purposes. Chief Executive Officer, Mr. Brett Richards, commented: "Thank you to all subscribers who participated in the financing. We now embark on the process of updating the 2022 feasibility study in an effort to better reflect the current gold price environment and the current costs associated with building the Dugbe Gold Project. We are entering into an exciting period, and I look forward to presenting the results of the update as soon as possible." The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful. ABOUT THE DUGBE GOLD PROJECT The 2,078 km2 Dugbe Gold Project (the "Project") is in southern Liberia and situated within the southwestern corner of the Birimian Supergroup which is host to most West African gold deposits. To date, two deposits have been identified on the Project; Dugbe F and Tuzon discovered by Hummingbird in 2009 and 2011 respectively. The deposits are located within 4 km of the Dugbe Shear Zone which is thought to have played a role in large scale gold mineralization in the area. A significant amount of exploration in the area was conducted by Hummingbird up until 2012 including 74,497 m of diamond coring. Pasofino drilled an additional 14,584 m at Tuzon and Dugbe during 2021. These deposits have a combined Mineral Resource Estimates dated 17 November 2021 with total Measured and Indicated of 3.3 Moz with an average grade of 1.37 g/t Au, and 0.6 Moz in Inferred. Following the completion of the Definitive Feasibility Study in June 2022 a Mineral Reserve Estimate was declared, based on the open-pit mining of both deposits over a 14-year Life of Mine. A technical report for the Dugbe Gold Project was prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and filed on SEDAR+ at and on the Company's website. In addition to the existing deposits there are many gold prospects within the Project including the Bukon Jedeh area and the DSZ target on the Tuzon-Sackor trend where Pasofino has discovered a broad zone of surface gold mineralisation in trench and outcrop along strike from Tuzon. At this and several of the other prospects no drilling has been carried out to date. In 2019, Hummingbird signed a 25-year Mineral Development Agreement ("MDA") with the Government of Liberia providing the necessary long-term framework and stabilization of taxes and duties. Under the terms of the MDA, the royalty rate on gold production is 3%, the income tax rate payable is 25% (with credit given for historic exploration expenditures), the fuel duty is reduced by 50%, and the Government of Liberia is granted a free carried interest of 10% in the Project. QUALIFIED PERSONS STATEMENT Scientific or technical information in this disclosure that relates to exploration results was prepared and approved by Mr. Andrew Pedley. Mr. Pedley is a consultant of Pasofino Gold Ltd.'s wholly-owned subsidiary ARX Resources Limited. He is a member in good standing with the South African Council for Natural Scientific Professions (SACNASP) and is as a Qualified Person under NI 43-101. ABOUT PASOFINO GOLD LTD. Pasofino Gold Limited is a Canadian-based mineral exploration company listed on the TSX Venture Exchange (VEIN). Pasofino, through its wholly-owned subsidiary, owns 100% of the Dugbe Gold Project (prior to the issuance of the Government of Liberia's 10% carried interest). For further information, please visit or contact: Brett A. RichardsChief Executive Officer & DirectorT: +1 905 449 1500E: brett@ 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", "seek", "intend", "believe", "anticipate", "estimate", "suggest", "indicate" and other similar words or statements that certain events or conditions "may" or "will" occur, and include, without limitation, statements regarding the ability to raise the funds to finance its ongoing business activities including the acquisition of mineral projects and the exploration and development of its projects. 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, risks related to the issuance and exercise of the Warrants, including the potential acceleration of their expiry in certain market conditions, the ability to obtain all requisite regulatory approvals including the final approval of the TSX Venture Exchange, the ability to apply the proceeds as intended, the results of business operation, the ability to advance the Dugbe Gold Project, the results of exploration activities; the results of the strategic review process, the ability of the Company to complete further exploration activities; timing and availability of external financing on acceptable terms and those risk factors 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. NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRES To view the source version of this press release, please visit Sign in to access your portfolio
Time Business News
5 days ago
- Business
- Time Business News
Primal and the Evolution of Ethical SEO Practices
Search engines are evolving, as are the strategies people use to rank on them. In the past decade, businesses have changed the way they do SEO. It is now not just about ranking number one, but about doing it the right way, or ethical way. In this instance primal stands out. Being a leading SEO agency in Bangkok, primal has built a reputation over the past 9 years as a trusted provider for businesses looking for a long-term sustainable strategy built on ethical foundations. Let's take a look at how the SEO landscape has changed, and how primal has evolved with this change using white hat methods with a people first approach. In the early 2000s SEO was often a game of shortcuts. Keyword stuffing, cloaking and spammy links were some of the commonly implemented black hat techniques. While some of these black hat techniques may have generated a quick win, they have also resulted in penalties and a short life cycle of success. Over time search engines including Google caught on, with algorithm updates such as Panda, Penguin and Hummingbird the focus shifted towards rewarding websites that offered real value to the user. As a result ethical or 'white hat' SEO became the norm. Ethical SEO or 'white hat' SEO is the practice of optimizing your website in accordance with the guidelines set out by the search emphasizes the development of authentic content, the establishment of real backlinks, and a great user experience. In other words: it takes into account people, not algorithms. This shift towards what we can call 'ethical' SEO creates a far more sustainable, and meaningful, form of marketing. However, ensuring you do ethical SEO correctly has some important elements that require skill, and experience, and a deep understanding of how search engines work. That's where Primal has established a reputation. Located in Bangkok, primal's mission is to help businesses develop organic traffic ethically. Employing strategies that try to exploit trends or loopholes are simply not a Primal practice. Instead, they focus on ethical marketing strategies based on solid foundations. Here are several key concepts primal approaches ethical SEO: From day one, primal has committed to never providing marketing strategies based on unethical SEO. This is no backlink farms, no duplicate content, definitely no keyword stuffing — instead, they're working on genuine sites that improve your visibility over time. Good SEO begins with good content. Primal will help you develop important content with intent, audience relevant, well ranked, your website. Blog post, landing pages, FAQs, everything ranked with intent and quality. Technical SEO is more than metadata and site speed, it's about how people use your website as a real focus is around making websites fast, mobile-friendly and easy to use. The idea? A better user journey provides more engagement and organic conversions. Many agencies make SEO seem like a black box. But primal takes a different approach — Transparency. Clients receive regular updates, performance reports, and communication on what's being done and why. It's not just about ranking, it's about understanding the ranking. In a city as dynamic and competitive as Bangkok, standing out online is not easy. That why so many local businesses trust primal. The agency does not offer 'one-size-fits-all' packages as it takes the time to understand what each business is trying to achieve and tailors a good strategy to suit. Rather it being e-commerce stores or services providers, primal has helped many different brands grow their organic presence in a good way. Combining the local market and global SEO knowledge gets both experience. As search engines becomes more intelligent, ethical SEO will continue to grow in importance. AI, voice search, and machine learning have already begun the change but principles remain the same: be helpful, be relevant and be human. Primal is looking ahead towards future trends and rules while staying true to the ethical SEO rules. By putting long-term growth first rather than quick wins, the agency ensures their clients can be successful now and into the future. SEO is no longer just a technical strategy. Its part of how businesses communicate, connect and convert online, and that means ethics matter now, more than ever. With a commitment to white hat SEO, transparent communication and client-focused strategies, primal is helping to change the landscape of digital marketing — one ethical win at a time. TIME BUSINESS NEWS
Black America Web
24-05-2025
- Business
- Black America Web
Black-Women Owned Sip & Sonder Is A Disneyland Gem
Source: Disney / Disney Disneyland is celebrating its 70th Anniversary with a litany of new culinary choices for its visitors that pay homage to the milestone. Also featured in the world of Disney, on the West Side, is Sip & Sonder, a Black women-owned coffee shop that has an outpost in Disneyland in Anaheim. Cassius got the opportunity to preview that 70th anniversary of the 'happiest place on earth.' The California parks (Disneyland, Disney California Adventure Park) have been stocked with special food dishes merchandise and more to celebrate the event. In the Downtown Disney District of Disneyland is Sip & Sonder, a 'cozy café' which offers hot and frozen drinks and small bites. Source: Disney / Disney Sip & Sonder was founded Amanda-Jane Thomas and Shanita Nicholas, both attorneys, and its original outpost was celebrated as one of the City of Angels' 'best cafés' by the Los Angeles Times . Disney's version—it's part of the Parkside Market food hall —features the Sweet Rhapsody latte which includes lavender and mocha and the Hummingbird, which is a Jamaican sorrel slushie, as well as light bites inspired by the Caribbean. Landing a spot at Disney's doorstep wasn't on the vision board of Thomas and Nicholas, per se. But the years of hard work they put into building their brand from the ground up has afforded them the ability to decide who they work with and on what terms. 'The vision of Sip & Sonder being in spaces that were very visible to the world and maintaining who we are and being founded as a Black woman-owned company that celebrates coffee, community, culture, and the Black diasporic experience from crop to cup, being to the world was,' says Nicholas when asked if linking with Disney was ever in the plans. She adds, 'So kind of a yes, but not specifically. But this was that opportunity that came along, and that alignment of being able to…there are so many people that come to Disney from all over, and being able to continue our story and growth here, was just aligned with so much that we we did set out to do.' Reading between the lines it's clear, Thomas and Nicholas ain't taking any shorts. It's a directly result of putting in grassroots time building their brand. 'We've worked to be where we are in a way that was really intentional and specific,' says Thomas. 'We bootstrapped up 'til now and continue to do so with knowing that we wanted to have a foundation that was connected and true to our goals, our mission, our morality, our community, and our cultural backgrounds.' That bootstrapping she humbly refers to is building out their flagship location in Inglewood, CA in 2017. The kudos and overwhelming support received at their OG spot lead to an opportunity to open a Sip & Sonder at The Music Center location in Downtown Los Angeles (Thomas says a mention by Kwini Reed, co-founder of Poppy and Seed in Anaheim, 'in the right room' sparked the opportunity) in late 2021. 'From that space, we, you know, with that, like, identification, we then got approached about this opportunity and going along the journey with the other concepts here,' says Thomas. Sip & Sonder in the Downtown Disney District opened (earlier this year) in time to be part of Disneyland's 70th anniversary. The location is ideal, the space is charming and the vittles, we had the tasty The Monarch, a butterfly pea flower coconut vanilla slushie. The soulful vibes are a welcome addition to Disney, years in the making. And they kept their integrity intact. 'We've had opportunities that come up where there's excitement around and we're like, okay, this is the aligned and then at whatever point along the process [if] the alignment shifts or it becomes misaligned, we walk away,' says Nicholas. 'It's leaning into that feeling of just like, 'Does your spirit really, is this really aligned? Would you be able to defend this? Can you sleep at night?' Like, we're in this. Working hard, persevering, troubling, like [Amanda] just said, we've bootstrapped. We made the decision to walk away from law careers to do something that we love and that we're passionate about. We're in it.' Despite anti-DEI efforts (spoiler: they won't work) from a certain administraiton, Disney continuing to partner with brands like Sip & Sonder on a genuine basis only means goodwill towards the house that Mickey Mouse built. Find out more about Sip & Sonder right here. SEE ALSO Black-Women Owned Sip & Sonder Is A Disneyland Gem was originally published on Black America Web Featured Video CLOSE
Yahoo
22-05-2025
- Business
- Yahoo
Tenant Inc.'s Hummingbird PMS Surpasses 1,000 Facilities, Driving Self-Storage Success Through Enhanced Automation and Modern Tenant Experiences
NEWPORT BEACH, Calif., May 22, 2025 /PRNewswire/ -- Tenant Inc., an innovator in self-storage technology, today announced that its Hummingbird property management software (PMS) now powers over 1,000 self-storage facilities. This significant milestone underscores the industry's rapid shift towards integrated, cloud-based solutions and Tenant Inc.'s role in enabling operators to thrive in a digital-first landscape. The rapid adoption of Hummingbird by over 1,000 facilities reflects the strong demand among operators for a comprehensive platform that delivers the essential tools for success in today's self-storage industry. Hummingbird empowers operators to maximize revenue, automate operations, and provide the seamless, digital convenience today's tenants demand. The platform achieves this through a comprehensive, all-in-one suite of technology solutions encompassing everything from high-converting websites offering "touchless" online rentals to dynamic revenue management tools powered by real-time business intelligence. "This milestone is a testament to our team's hard work and the trust operators place in our platform," said Lance Watkins, CEO of Tenant Inc. "We are driven by a commitment to continuous innovation, providing cutting-edge solutions that help independent operators navigate a rapidly evolving self-storage industry. This milestone isn't just a number; it represents 1,000 facilities leveraging technology to operate more efficiently and deliver the mobile-first experiences their tenants expect." Tenant Inc.'s rapid growth and platform adoption are driven by its ability to deliver tangible results across key areas: Attracting & Converting Tenants: Tenant Inc. equips operators with powerful, mobile-first websites engineered to rank high on search, capture high-intent traffic, and convert clicks into rentals through a seamless online rental experience. Automating Operations: Comprehensive automation across key self-storage tasks—from leasing and billing to delinquency management and auctions—transforms daily operations and frees teams to focus on strategic growth and customer service. Maximizing Revenue: Tenant Inc.'s platform unlocks hidden revenue opportunities through dynamic rate management tools, automated rent management, and integrated ancillary offerings like tenant protection and merchandise sales. Making Smarter Business Decisions: Tenant Inc. provides actionable business intelligence, turning data into insights via real-time reporting and the advanced analytics of Tenant Data Warehouse for data-backed certainty. Providing the Best Tenant Experience: Operators can deliver the modern digital convenience tenants demand through intuitive self-service portals, flexible mobile payment options including Apple/Google Pay, and personalized support enhanced by integrated call management tools. Tenant Inc. remains dedicated to pushing the boundaries of self-storage technology, ensuring operators have the comprehensive, integrated tools needed for sustained success. About Tenant Inc. Tenant Inc. empowers self-storage operators with an all-in-one SaaS platform designed to streamline operations and maximize revenue. Their comprehensive cloud-based suite of tools includes property management software, self-storage websites, digital marketing services, and more—giving storage owners and operators everything they need to compete and thrive in today's competitive self-storage market. For more information, please visit View original content to download multimedia: SOURCE Tenant Inc. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
