Portofino Increases Oversubscribed 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 INCREASES OVERSUBSCRIBED PRIVATE PLACEMENT
Vancouver, B.C., January 11, 2019. PORTOFINO RESOURCES INC. (POR: TSX-V) (POT: FSE) (“Portofino” or
the “Company”) announces that due to strong interest in its previously announced financing it has
increased its non-brokered private placement from $500,000 to up to $600,000 priced at $.055/Unit. Each
Unit consists of one common share and one 2-year common share purchase warrant exercisable at $0.08.
Closing will be subject to TSX Venture Exchange approval and any shares issued will be subject to a four -
month hold period. The Company contemplates that various exemptions will be utilized pursuant to this
financing including the suitability advice exemption (B.C. Instrument 45-536). There is no material fact or
material change that has not been generally disclosed.
Proceeds from this financing shall be used by the Company for exploration on its lithium projects which
are strategically located within the province of Catamarca, Argentina, and for general corporate purposes.
About Portofino Resources Inc.
Portofino is a Vancouver -based Canadian company focused on acquiring, exploring and developing
mineral resource projects in the Americas. The Company maintains an interest in several prospective
lithium salar properties located within the world-renowned “Lithium Triangle” in 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 th e Company’s project
expectations or beliefs may be subject to certain assumptions, risks and uncertainties beyond the Company’s control. Investor s are cautioned that
any such statements are not guarantees of future performance and that actual performance a nd exploration and financial results may differ
materially from any estimates or projections.