Mr. Ian Stalker reports

HUMMINGBIRD CLEARS HURDLE TO FUNDING PASOFINO'S DUGBE GOLD PROJECT

Pasofino Gold Ltd., which owns 100 per cent (prior to giving effect to the government of Liberia's 10-per-cent carried interest) of the Dugbe gold project in Liberia, noted news released yesterday by its majority shareholder, Hummingbird Resources PLC.

In the announcement, Hummingbird confirmed that all resolutions proposed to shareholders at its general meeting held yesterday had been passed and that the company has closed its open offer. The full announcement can be found at Hummingbird's website.

Hummingbird has previously announced an intention to dedicate approximately $2-million of the amount it has raised to the Dugbe gold project, subject to Pasofino and Hummingbird agreeing on the commercial terms, and with Hummingbird and Pasofino obtaining all necessary approvals.

About the Dugbe gold project

The 2,302-square-kilometre Dugbe gold 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 Dugbe gold project: Dugbe F and Tuzon, discovered by Hummingbird entities in 2009 and 2011, respectively. The deposits are located within four km of the Dugbe shear zone, which is thought to have played a role in large-scale gold mineralization in the area.

About Pasofino Gold Ltd.

Pasofino Gold is a Canadian-based mineral exploration company listed on the TSX Venture Exchange.

Pasofino, through its wholly owned subsidiary, owns 100 per cent of the Dugbe gold project (prior to the issuance of the government of Liberia's 10-per-cent carried interest).

We seek Safe Harbor.