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Portofino Resources.Announces Advisory Board Implementation, Options Grants

Vancouver, British Columbia--(Newsfile Corp. - August 4, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) ("Portofino" or the "Company")

articleLatam Lithium CorpAugust 4, 20234/company/latam-lithium-corp/news/portofino-resourcesannounces-advisory-board-implementation-options-grants
Portofino Resources.Announces Advisory Board Implementation, Options Grants

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[{"type":"text","content":" Vancouver, British Columbia--(Newsfile Corp. - August 4, 2023) - PORTOFINO RESOURCES INC. (TSXV: POR) (OTCQB: PFFOF) (FSE: POTA) (\"Portofino\" or the \"Company\") is pleased to announce that Mr. Alex Molyneux and Mr. Blake Steele have agreed to accept appointments to its newly created Advisory Board. Mr. Alexander Molyneux is a metals and mining industry executive with 25 years industry experience and a proven track record with critical mineral and energy metal project development. He was Chairman of ASX-listed Argosy Minerals Ltd. (2018 - 2022), during which time the company initiated its Rincon Lithium Project in Salta Province, Argentina, developed a resource and commissioned its first battery-grade lithium carbonate production facility. Mr. Molyneux completed three-years as CEO of Paladin Energy Ltd., one of the world's largest uranium companies, where he completed a US$700M successful recapitalization. Prior to Paladin, he was Founder and Executive Chairman of Azarga Uranium Corp. with development stage uranium projects in USA and Central Asia, subsequently sold for C$200M to EnCore Energy Corp. Prior to Azarga Uranium Corp., he spent approximately five years with Ivanhoe Mines Group and Ivanhoe Energy in various leadership capacities including CEO and Director of SouthGobi Resources Ltd. (2009 - 2012). Prior to his mining industry roles, Mr. Molyneux was Managing Director, Head of Metals and Mining Investment Banking, Asia Pacific for Citigroup. He spent approximately 10-years providing investment banking services to natural resources companies. Mr. Blake Steele is an experienced metals and mining industry executive, director and advisor with extensive knowledge across public companies and capital markets, with an extensive track record delivering shareholder value with energy metal projects. Mr. Steele was most recently President and CEO of Azarga Uranium Corp., a TSX-listed uranium development and exploration company. Under Mr. Steele's stewardship, Azarga Uranium grew into an advanced stage multi-asset company through M&A and organic growth and, in February 2022, EnCore Energy Corp. completed the successful acquisition of Azarga Uranium for C$200m. Before joining Azarga Uranium Corp., Mr. Steele worked at SouthGobi Resources Ltd. (part of the Ivanhoe Mines group), a Mongolian-focused energy metal company, where he...

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