Pelangio Exploration Inc. is pleased to announce that it closed the non-brokered private placement previously announced on July 31, 2019 on August 12, 2019. The Company raised a total of $290,000 for the issuance of 1,000,000 common shares of the Company issued on a “flow-through” basis and 1,000,000 Common Shares of the Company at a price of $0.15 per FT Share and a price of $0.14 per HD Share . The Company paid finder’s [...]
Pelangio Exploration Inc. announces a non-brokered private placement of up to 1,000,000 flow-through common shares and of up to 1,000,000 common shares of the Company at a price of $0.15 per FT Share and a price of $0.14 per HD Share to raise gross proceeds of up to $290,000 . The FT Shares will qualify as "flow-through shares" ). The gross proceeds of the Private Placement raised from the sale of FT Shares will be [...]
Pelangio Exploration Inc. announces that, through its wholly-owned subsidiary 5007223 Ontario Inc., an extension of the May 1, 2017 Option Agreement with Amex Exploration Inc. has been granted to complete an exploration program on the Gowan Property located in Timmins, Ontario. HIGHLIGHTS The Gowan Property was obtained through Pelangio's recent acquisition of 5007223 Ontario Inc. in December 2018 . The extension provides [...]
Pelangio Exploration Inc. is pleased to report the previously announced 543 meter diamond drill program on the Dome West property in Timmins, Ontario, achieved its objective. HIGHLIGHTS Intersected a mineralized interval that returned 3.21 g/t gold over 1.25 metersincluding a higher grade intercept of 4.754 g/t Au over 0.75 meters Confirmed the presence of seven new quartz veins within known prospective stratigraphy [...]
Pelangio Exploration Inc. is pleased to announce that Ms. Clark, the CEO of two technology companies, has joined Pelangio's advisory committee. In 2017 Ms. Clark was awarded the "Top 100 Most Powerful Women in Canada". She has over 20 years of capital markets experience and more than $7 billion in direct budget oversight across Technology, Finance, Banking, Trading, Operations, Wealth Management, Start-Up/Sale, Joint [...]
Pelangio Exploration Inc. is pleased to announce that it has completed a 543 meters drill hole on the Dome West Property and is anticipating completion of a detailed airborne magnetic report for the Dalton Property. Both the Dalton Property and the Dome West Property are located proximal to the largest producers in the Timmins Camp . Highlights Completed a 543m drill hole on Dome West Property to evaluate a prospective [...]
Pelangio Exploration Inc. is pleased to announce that it has engaged Integral Wealth Securities Limited to provide capital market advisory services . This engagement is subject to regulatory approval and will be provided in accordance with TSX Venture Exchange policies and guidelines and other applicable legislation. Integral will trade securities of Pelangio on the TSXV in order to assist in maintaining the active and [...]
Pelangio Exploration Inc. is pleased to announce that a limited drilling program has commenced at the Dome West Property located 800 meters west of the Dome Mine super pit in Timmins, Ontario . Highlights of the Initial Diamond Drill Program at Dome West The objective of this limited first phase of diamond drilling is to confirm the presence of a highly prospective porphyritic sill unit that has been designated as target [...]
Pelangio Exploration Inc. is pleased to announceit has initiated further target development work on its Dalton Property and signed an access agreement with Goldcorp Canada Ltd. in order to facilitate a drill program on its Dome West Property. Both the Dalton Property and the Dome West Property are located proximal to the largest gold producers in the Timmins Camp. The Dalton Property is 1.5 kilometres south west of the [...]
Pelangio Exploration Inc. is pleased to announce the appointment of J.C. St-Amour to the Board of Directors. Mr. St-Amour is a bilingual investment banker and corporate executive with over 20 years of experience in corporate finance, mergers and acquisitions, and managing corporate relationships. J.C. is a Chartered Financial Analyst with strengths and expertise in financial and investment analysis, asset valuation, due [...]
Pelangio Exploration Inc. is pleased to provide an exploration update on three of its highly prospective Canadian projects. The Dome West and Dalton properties are strategically located in the Timmins mining camp and the Montcalm properties are located in proximity to Glencore's Montcalm Mine Property . Highlights Dome West Property west of the Dome Mine): diamond drilling to begin in April two target areas for diamond [...]
This news release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States Pelangio Exploration Inc. is pleased to announce that it has completed the non-brokered Flow-Through Financing previously announced on January 24, 2019. The Company raised a total of $150,000 for the issuance of 566,038 common shares issued on a [...]
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