Pursuant to special resolutions passed by the securityholders of Pasofino Gold Ltd. on March 31, 2026, Pasofino has completed a plan of arrangement under Division 5 of Part 9 of the Business Corporations Act (British Columbia). The arrangement has been completed on April 21, 2026, and has resulted in Mansa Resources Ltd., through its wholly owned subsidiary, 1574136 B.C. Ltd., acquiring all of the issued and outstanding common shares of Pasofino not already owned by Mansa and its affiliates for consideration consisting of 90 cents in cash for each Pasofino common share acquired.

For additional information, please refer to the information circular of Pasofino dated Feb. 25, 2026, and the news releases dated Jan. 26, 2026, Feb. 25, 2026, March 31, 2026, April 8, 2026, and April 21, 2026, available on Pasofino's profile on SEDAR+.

Delisting

As a result of the completion of the arrangement and at the request of Pasofino, effective at the close of business on Wednesday April 22, 2026, the common shares of Pasofino will be delisted from the TSX Venture Exchange.