Portofino Announces Closing of Fully Subscribed $715,000 Private Placement
Suite 520 – 470 Granville Street
Vancouver, BC, CANADA V6C 1V5
Telephone: 604-683-1991
Fax: 604-683-8544
www.portofinoresources.com
PORTOFINO
RESOURCES INC.
NEWS RELEASE
PORTOFINO ANNOUNCES CLOSING OF FULLY SUBSCRIBED $715,000 PRIVATE PLACEMENT
Vancouver, B.C., November 15, 2017. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) (“Portofino”
or the “Company”) is pleased to announce it has closed a previously announced fully subscribed non-
brokered private placement for $715,000 and issued 8,937,500 Units priced at $.0 8/Unit. Each Unit
consists of one common share and one 2 -year common share purchase warrant exercisable at $ 0.12 in
the first year and $0.15 in the second year . All shares issued are subject to a four -month hold period
expiring in March 2018. Finders fees comprise $17,640 and 220,500 broker warrants that have the same
terms as the subscribers. Proceeds from this financing shall be used by the Company for project due
diligence, exploration, and for general corporate purposes.
About Portofino Resources Inc.
Portofino is a Vancouver, Canada based company focused on acquiring, exploring and developing mineral
resource projects in the Americas. The Company has recently executed agreements pursuant to a portfolio
of prospective lithium salar properties in Catamarca, Argentina.
On Behalf of the Board,
“David G. Tafel”
Chief Executive Officer
For Further Information Contact:
David Tafel
CEO, Director
604-683-1991
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward looking statements concerning future operations of Portofino Resources Inc. (the “Company”). All forward-
looking statements concerning the Company’s future plans and operations, including management’s assessment of the Company’s p roject
expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investors are cautioned that
any such statements are not guarantees of future performance and that actual performance and exploration and financial result s may differ
materially from any estimates or projections.