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Trius Acquires Minority Stake in Pasofino Gold for USD 90,000
Tuesday 04 August 2020

Trius Investments Inc. (TSX Venture: TRU.H) has completed a minority investment in Canada-based mining company Pasofino Gold Ltd. (TSX Venture: VEIN) with the acquisition of 300,000 Pasofino shares for USD 90,000, the company said.

Pasofino is Trius' first investment in the mining sector.

Pasofino is a mining issuer listed on the TSX Venture Exchange.

Pasofino's principal business is the acquisition, exploration and development of mineral properties, including its existing Roger gold and copper project located in Quebec, Canada.

Pasofino has also entered into an agreement to acquire all of the shares of ARX Resources Ltd. which, subject to certain conditions, could provide Pasofino with an indirect 49% interest in the prospective Dugbe Gold Project located in Liberia, Africa.

Trius is a portfolio company of Resurgent Capital Corp, a merchant bank providing venture capital markets advisory services and proprietary financing.
Date Published: 04/08/2020