Mr. Brett Richards reports

PASOFINO GOLD LIMITED RECEIVES FINAL ORDER APPROVING ARRANGEMENT

The Supreme Court of British Columbia has granted the final order in connection with Pasofino Gold Ltd.'s previously announced plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia).

The purpose of the arrangement is to effect, among other things, the acquisition by Mansa Resources Ltd., through its wholly owned subsidiary 1574136 B.C. Ltd., of the issued and outstanding common shares of the company not already owned by Mansa and its affiliates for 90 cents in cash per share.

Upon completion of the arrangement, Mansa will indirectly hold 100 per cent of the outstanding shares and intends to cause the shares to be delisted from the TSX Venture Exchange and to cause Pasofino to apply to cease to be a reporting issuer under applicable Canadian securities laws, and to otherwise terminate Pasofino's public reporting requirements.

Information concerning the arrangement

The terms of the arrangement and the arrangement agreement among the company, 1574136 B.C. and Mansa dated Jan. 26, 2026, as amended on Feb. 23, 2026, are further described in the company's management information circular dated Feb. 25, 2026, and related materials for the special meeting of securityholders of the company held on March 31, 2026, all of which are available under the company's profile on SEDAR+ and on the company's website. The circular contains additional information regarding the steps that holders of shares, warrants to purchase shares and options to purchase shares need to follow to claim the consideration, if any, to which they are entitled under the arrangement.

About Pasofino Gold Ltd.

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

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.