Toronto, Ontario - Pelangio Exploration Inc. announces that the Board of Directors has approved the grant of 200,000 incentive stock options to a director of the Company, which options are exercisable into common shares of the Company at a price of $0.055 per share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan, the options have a term of five years and will expire on February 27 [...]
Toronto, Ontario - Pelangio Exploration Inc. is pleased to announce that it will begin diamond drilling at the Manfo Project in Ghana, West Africa. Pelangio also announces revisions to the Option and Joint Venture Agreement with RosCan Minerals Corp. on the Dormaa Project. Pelangio reports that a man portable diamond drill rig is now on site at the Manfo property with diamond drilling expected to begin within a week [...]
Toronto, Ontario - Pelangio Exploration Inc. is pleased to announce the closing of the final tranche of its non-brokered private placement of up to $1.2 million announced on December 6, 2017 . This tranche has raised gross proceeds of $675,000 from the issuance of 13,500,000 units at a price of $0.05 per Unit. This completes the total $1.2 million Private Placement for the issuance of 24,000,000 Units. Each Unit consists [...]
Toronto, Ontario - Pelangio Exploration Inc. announces a non-brokered private placement of up to 24,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of up to $1,200,000 . 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 $0.07 for a period of three years from the initial [...]
Toronto, Ontario (FSCwire) - Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (“Pelangio” or the “Company”) announces the commencement of the first phase of a $2,000,000 multi phase exploration program targeting the existing mineralized structures and the newly identified belt bounding structures at its Manfo Project, in Ghana, West Africa. This first phase will consist of Air Core (AC) and Reverse Circulation (RC [...]
Toronto, Ontario (FSCwire) - Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (“Pelangio” or the “Company”) is pleased to announce that it has closed the third and final tranche of its non-brokered private placement originally announced July 6, 2017 and increased in size on August 1, 2017 (the "Private Placement"). This tranche has raised a further $55,500 for the issuance of 1,110,000 units (the "Units") at a price [...]
TORONTO, Aug. 15, 2017 (GLOBE NEWSWIRE) -- Pelangio Exploration Inc. (TSX-V:PX) (OTC PINK:PGXPF) (“Pelangio” or the “Company”) is pleased to announce that it is extending the time to complete additional tranches of its non-brokered private placement originally announced July 6, 2017 and increased in size to $600,000 on August 1, 2017 (the "Private Placement"). To date, the Company has raised [...]
TORONTO, Aug. 09, 2017 (GLOBE NEWSWIRE) -- Pelangio Exploration Inc. (TSX-V:PX)(OTC PINK:PGXPF) (“Pelangio” or the “Company”) is pleased to announce that it has closed the second tranche of its non-brokered private placement originally announced July 6, 2017 and increased in size on August 1, 2017 (the "Private Placement"). This tranche has raised a further $77,500 for the issuance of 1,550,000 [...]
TORONTO, Aug. 01, 2017 (GLOBE NEWSWIRE) -- Pelangio Exploration Inc. (TSX-V:PX) (OTC PINK:PGXPF) (“Pelangio” or the “Company”) is pleased to announce that it has closed the first tranche of its non-brokered private placement announced July 6, 2017 (the "Private Placement"). The Company raised a total of $446,000 for the issuance of 8,920,000 units (the "Units") at a price of $0.05 per Unit. Each [...]
TORONTO, July 06, 2017 (GLOBE NEWSWIRE) -- Pelangio Exploration Inc. (TSX-V:PX) (OTC PINK:PGXPF) (“Pelangio” or the “Company”) announces a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.05 per unit for gross proceeds of up to $500,000 (the “Private Placement”). Each unit consists of one common share of the Company (a “Common Share&rdquo [...]
TORONTO, ONTARIO--(Marketwired - Jun 22, 2017) - Pelangio Exploration Inc. (TSX VENTURE:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") announces that the Board of Directors has approved the grant of 200,000 incentive stock options to a director of the Company, which options are exercisable into common shares of the Company at a price of $0.05 per share. Subject to the rules of the TSX Venture Exchange and the Company's [...]
TORONTO, ONTARIO--(Marketwired - May 31, 2017) - Pelangio Exploration Inc. (TSX VENTURE:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") announces the appointment of an additional director, the voting results from its Annual General Meeting of Shareholders held on May 30, 2017 (the "Meeting"), and its filing of the first quarter financial results for 2017. Appointment of Additional Director Pelangio is pleased to [...]