Pelangio Exploration Inc. is pleased to announce that a controlled-source electromagnetic survey has been commissioned for the Obuasi and Manfo projects to be conducted by SEMS Exploration Services of Ghana. CSEM surveys will be conducted on Pelangio's Obuasi and Manfo projects to delineate targets up to 1+ kilometre depth below prospective exploration target areas. On Pelangio's Obuasi project, the survey will be [...]
Pelangio Exploration Inc. today announced that the Board of Directors has approved the grant of 5,750,000 incentive stock options to certain directors, officers, employees and consultants of the Company. The stock options are exercisable into common shares of the Company at a price of $0.205 per share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan, the options have a term of 10 years [...]
Pelangio Exploration Inc. announces that, as a result of an issue oriented continuous disclosure review by staff of the Ontario Securities Commission , the Company has amended and refiled its technical report for the Manfo Gold Project, Ghana . As a consequence of the OSC Review, the Company amended the Technical Report to bring it into conformity with certain requirements of National Instrument 43-101 Standards of [...]
Pelangio Exploration Inc. is pleased to announce that the first phase of its drill program at the Manfo Project is underway. The drill program will consist of resource extensional drilling, as well as an exploration RC drilling program which will include evaluating the highly prospective untested Bomfaa geochemical anomaly situated 2.5 kilometers northwest of the Pokukrom deposits. The Company also announces that the [...]
Pelangio Exploration Inc. announces that it has received gross proceeds of $1,395,933.35 from the exercise of 27,918,667 common share purchase warrants at an exercise price of $0.05 per warrant. The Company issued 27,918,667 common shares upon exercise of these warrants. The Company intends to apply the proceeds to advancing its projects and for general working capital and corporate purposes. This includes continued work [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement first announced on September 22, 2025 and increased to $4,500,000 on September 24, 2025. The first tranche raised gross proceeds of $3,462,600 from the issuance of 19,236,668 units at a price of $0.18 per Unit. This Final Tranche raised gross proceeds of $1,037,399.76 from the issuance of [...]
Pelangio Exploration Inc. is pleased to announce that that it has closed the first tranche of its previously announced upsized non-brokered private placement . The Company issued 19,236,668 common shares at a price of $0.18 per share for gross proceeds of approximately $3,462,600. The securities issued pursuant to the Offering are subject to a four-month and one day hold period in accordance with applicable Canadian [...]
Pelangio Exploration Inc. is pleased to announce that, due to additional demand, it has increased the size of its previously announced non-brokered private placement from gross proceeds of up to $4,000,000 to gross proceeds of up to $4,500,000 . The Offering will consist of the sale of units of the Company at a price of $0.18 per Unit. Each Unit consists of one common share of the Company and one half of a Common Share [...]
Pelangio Exploration Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $4,000,000 . The Offering will consist of the sale of units of the Company at a price of $0.18 per Unit. Each Unit consists of one common share of the Company and one half of a Common Share purchase warrant . Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.31 for a period of 2 [...]
Pelangio Exploration Inc. is pleased to announce that the updated, independent, Mineral Resource Estimate for the Company's 100% owned Manfo Gold Project in Ghana and completed by SEMS Technical Services Ltd. of Ghana is filed on SEDAR. As well, we are pleased to provide an exploration update. The Resource defines a total Indicated Mineral Resource of 441,000 ounces of gold at an average grade of 1.16 g/t Au and totalling [...]
Pelangio Exploration Inc. is pleased to announce the results of an updated, independent, Mineral Resource Estimate for the Company's 100% owned Manfo Gold Project in Ghana. The Resource was completed by SEMS Technical Services Ltd. of Ghana. The Resource, with an effective date of July 31, 2025, is reported for four gold deposits using constraining optimized pits at a gold price of US$2,600 per ounce, and: Updates [...]
Pelangio Exploration Inc. OTC PINK: PGXPF) is pleased to announce that a high-resolution UAV aeromagnetic survey is currently underway. The 900 line-kilometer 50 meter-spaced survey will cover all current exploration targets from the northern end of Manfo to the southern end of Nkosuo. The survey results should greatly assist in geological and structural interpretation and the refinement and ranking of targets for drill [...]