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 arranged for a $150,000 Flow-Through Financing. The Company intends to undertake a non-brokered flow-through private placement consisting of approximately 566,038 common shares issued on a [...]
Pelangio Exploration Inc. is pleased to announceit has entered into an option agreement to acquire a 100% interest in the Dome West property located in Tisdale Township, Timmins Ontario, from Mr. Francois Desrosiers and 6398651 Canada Inc. The Dome West property comprises 10 mining cells covering 56 hectares and is strategically located adjacent to both Goldcorp's Dome Mine property and the former Paymaster Mine property [...]
Pelangio Exploration Inc. is pleased to announce that it has entered into a binding letter of intent with Pancontinental Resources Corporation pursuant to which Pancon can earn up to a 75% interest in Pelangio's Strachan Property. Under the terms of the letter of intent, Pancontinental has the right to earn an initial 60% interest in the Strachan Property over a three year period through the issuance of 400,000 common [...]
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 closed the final tranche of its non-brokered private placement announced November 12, 2018, December 18, 2018, and January 11, 2019 . In this final tranche, the Company raised a total of [...]
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. announces that further to press releases dated November 12, 2018 and December 18, 2018, its previously announced private placement of up to $675,000 is expected to be oversubscribed. To facilitate the additional demand, the [...]
Pelangio Exploration Inc. is pleased to provide an update on its plans for future exploration and project generation. With the recent completion of the acquisition of 2522962 Ontario Inc. , Pelangio remains focused on exploring its properties and also pursuing new value generating projects and opportunities in Ontario, Canada and Ghana, West Africa. The Company also wishes to announce the addition to its technical team [...]
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 closed the first tranche of its non-brokered private placement announced November 12, 2018 and closed the Flow-Through Financing previously announced December 12, 2018. Private Placement In [...]
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 TORONTO, ON / ACCESSWIRE / December12, 2018 / Pelangio Exploration Inc. ispleased to announce that it has arranged for a $50,000 Flow-Through Financingand that it has extended the closing of its non-brokered private placementannounced November 12, 2018 [...]
Pelangio Exploration Inc. is pleased to announce that, further to its news releases of October 29, 2018 and November 28, 2018, it has completed the acquisition of 2522962 Ontario Inc. . Summary of the Acquisition of 5SD Capital Through the Acquisition, Pelangio acquired 100% of 5SD Capital's issued and outstanding shares in exchange for the issuance of 4,597,094 Pelangio common shares in the aggregate. As of October 29 [...]
Pelangio Exploration Inc. is pleased to announce that, further to Pelangio's news release of October 29, 2018, at the special meeting of shareholders of 2522962 Ontario Inc. held earlier today, holders of common shares of 5SD Capital approved the amalgamation of 5SD Capital and a wholly-owned subsidiary of Pelangio. Pelangio intends to acquire 5SD through the amalgamation with Pelangio's subsidiary. It is expected that [...]
Pelangio Exploration Inc. is pleased to report that, further to the Company's news release of October 29, 2018, it has executed a Definitive Agreement with 2522962 Ontario Inc. . Highlights of the Definitive Agreement Include: 1. Pelangio will acquire 100% of the issued and outstanding shares of 5SD Capital in an all-share deal pursuant to which Pelangio will issue one new Pelangio common share for every five 5SD Capital [...]
Pelangio Exploration Inc. announces a non-brokered private placement of up to 4,500,000 units of the Company at a price of $0.15 per unit for gross proceeds of up to $675,000 . Each unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share at a price of $0.20 for a period of two years from the initial closing date of the Private [...]