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Pasofino Gold Ltd.

11:11 AM EST - Pasofino Gold Ltd. : Announced it has signed a definitive agreement with QC Copper and Gold Inc. for the latter to acquire a 50% ownership interest in the Roger Gold-Copper project in the Chibougamau District of Quebec .QC Copper acquired its 50% interest in Roger from Pasofino. The other 50% interest remains with SOQUEM,a subsidiary of Investissement Québec. Upon closing, QC Copper will issue Pasofino $1 million in cash and 5.5 million shares. Pasofino Gold Ltd. shares V.VEIN are trading up $0.015 at $0.10.