Toronto, Ontario--(Newsfile Corp. - September 23, 2025) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07A) ("Pasofino" or the "Company") is pleased to announce a non-brokered private placement of units (each, a "Unit") at C$0.50 per Unit for gross proceeds of approximately C$12.0 million (the "Offering"). ABOUT THE DUGBE GOLD PROJECTThe 1,410 km2 Dugbe Gold Project ("Dugbe" or 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. Pasofino Gold Completes its Phase One Gap Analysis Update to the 2022 Feasibility Study - Pasofino Gold is developing the Dugbe Gold Project/LiberiaQUALIFIED PERSONS STATEMENTScientific or technical information in this disclosure that relates to exploration results was prepared and approved by Mr. Andrew Pedley. 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).