Pelangio Exploration Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement of up to $400,000 as announced on September 8th, 2024 . The first tranche raised gross proceeds of $280,000 from the issuance of 11,200,000 units at a price of $0.025 per Unit. A second and final closing is expected to occur on or about October 16th, 2024. Each Unit consists of one common share of the [...]
Updated MRE Expected by December Pelangio Exploration Inc. is pleased to announce that work has commenced on updating the Mineral Resource Estimate for the Manfo Project, located in Ghana's prolific Sefwi Gold Belt. The updated MRE is a critical step forward in advancing the project. The new MRE is anticipated to be completed in December with a site visit by SRK Consulting Ghana Ltd. already completed. Ingrid Hibbard [...]
Pelangio Exploration Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $400,000 . The Offering will consist of the sale of units of the Company at a price of $0.025 per Unit. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.05 for a period of three years [...]
Pelangio Exploration Inc. announces that the Company has hired Grove Corporate Services Ltd. to provide corporate finance, accounting, and administrative support, and is pleased to announce the appointment of Ms. Donna McLean as Chief Financial Officer effective immediately. Ms. McLean has over 30 years' experience working with numerous publicly traded and private companies, specializing in the areas of financial [...]
Pelangio Exploration is pleased to announce that on August 26th, 2024 it has entered a binding Letter of Intent (LOI) with MFD Investment Holdings, granting MFD the option to earn an undivided 10% interest in the Manfo Project. This strategic partnership will accelerate the development of the project, aiming for a first gold pour in 2027. The agreement outlines MFD's commitment to complete a PEA and invest up to $1 [...]
Assessment of near-surface gold resources could capitalize on record-high gold prices, positioning Pelangio for accelerated growth. Pelangio Exploration Inc. is pleased to announce that it is currently evaluating the potential for near-term production at its Manfo gold project in Southwest Ghana. A review of the resource models of the three deposits at Manfo to determine the gold content and tenor of mineralization at [...]
Pelangio Exploration Inc. pursuant to the release on July 11, 2023, and January 22, 2024, the Company has agreed to issue 1,500,000 common shares in the capital of Pelangio at a deemed per-share price of $0.02, which is equal to the end of the day price of Pelangio Shares on the TSX Venture Exchange . The shares for debt settlement remain subject to approval by the TSXV. The Pelangio Shares will be subject to a four-month [...]
Pelangio Exploration Inc. ?is pleased to announce the appointment of Kamar Jones to its Board of Directors. Mr. Jones is a seasoned executive with a unique blend of expertise in capital markets and mining consulting. With nearly three decades of experience, he has developed a robust understanding of the financial mechanisms that drive market success and the operational intricacies essential to mining consulting. Mr. Jones [...]
Pelangio Exploration Inc. is pleased to announce that all matters proposed by management were approved at Pelangio's annual meeting held Friday, June 28, 2024 . At the Meeting, shareholders of Pelangio re-elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, and Al Gourley to the board of directors. The shareholders also approved the reappointment of its auditor and reapproved the Company's stock option plan [...]
Pelangio Exploration Inc. ; is pleased to announce that it has closed the second and final tranche of a non-brokered private placement of up to 33,333,332 units of the Company a price of $0.015 per Unit for gross proceeds of $500,000 announced on February 28, 2024 . 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 for a [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement of up to $500,000 announced on February 28th, 2024 . The first tranche raised gross proceeds of $113,500 from the issuance of 7,566,666 units at a price of $0.015 per Unit. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to [...]
Pelangio Exploration Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $500,000 . The Offering will consist of the sale of units of the Company at a price of $0.015 per Unit. Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.05 for a period of five years [...]
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