Pelangio Exploration Inc. announces that Paul Rokeby has retired as Chief Financial Officer of the Corporation. Sabino Di Paola has been appointed as the Chief Financial Officer of Pelangio Exploration Inc. Ingrid Hibbard, President and CEO, commented: "Paul has served Pelangio for over 25 years with exceptional professionalism and expertise. We were very fortunate to have such a long-standing CFO. He is well-deserving of [...]
Pelangio Exploration Inc. announces that, subject to approval of the TSX Venture Exchange , it intends to extend the expiry date of certain of the Company's outstanding warrants . The Warrants were initially issued pursuant to a non-brokered private placement on May 19, 2020 and May 27, 2020 and initially extended in April 2022 until May 19, 2023. The Warrants' current and new expiry dates are detailed in the below chart [...]
Pelangio Exploration Inc. ; is pleased to announce that a 1,000 meter diamond drilling program will commence on its Manfo Project in Ghana in March 2023. The drilling program follows the drilling conducted at Pokukrom West in late 2021, and is the latest phase in a larger planned diamond drilling program of 3,700+ meters designed to test for extensions to the Manfo gold resource mineralized zones in the Pokukrom East and [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the second and final tranche of a non-brokered private placement announced on October 21, 2022 and increased up to $720,000 on November 28, 2022. The first tranche raised gross proceeds of $235,000 from the issuance of 7,833,333 units at a price of $0.03 per Unit. This Final Tranche raised gross proceeds of $485,000 from the issuance of 16,166,667 Units [...]
Pelangio Exploration Inc. announces that, subject to the approval of the TSXV, it intends to extend the expiry and amend the terms of certain of the Company's outstanding warrants. The Warrants were initially issued pursuant to non-brokered private placements closed on December 3, 2020, December 10, 2020, June 10, 2021, June 18, 2021, December 30, 2021, January 12, 2022 and January 13, 2022. The Warrants' current and new [...]
Pelangio Exploration Inc. is pleased to announce that due to additional demand, the Company has increased the size of its previously announced non-brokered private placement from aggregate gross proceeds of up to CDN$600,00 to aggregate gross proceeds of up to CDN$720,000 and has applied to the TSX Venture Exchange for a further 30 days price protection in order to complete further subscriptions . The Offering will [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement of up to $600,000 announced on October 21, 2022 . The first tranche raised gross proceeds of $235,000 from the issuance of 7,833,333 units at a price of $0.03 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 $600,000 . The Offering will consist of the sale of units of the Company at a price of $0.03 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. is pleased to announce that it has entered into an earn-in agreement with Record Gold Corp. , a privately held mineral exploration company, on Pelangio's Grenfell gold project, located in Grenfell Township, near Kirkland Lake, Ontario, approximately 10 km northwest of the Macassa Mine, one of the highest gold grade mines in the world. Highlights: Record Gold may acquire up to an 80% interest in [...]
Pelangio Exploration Inc. today announced that the Board of Directors has approved the grant of 1,505,000 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 $0.05 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 [...]
Pelangio Exploration Inc. is pleased to announce that all matters proposed by management were approved at Pelangio's annual meeting held Wednesday, June 22, 2022 . 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 [...]
Pelangio Exploration Inc. completed 1,035 meters of drilling in six holes on its Gowan Project. The drill program tested several priority geophysical targets for nickel copper sulphides as well as copper zinc volcanogenic massive sulphide mineralization "VMS" targets. Drill targets in the north target area of the property were associated with known historical copper zinc drill intercepts. The project is located within the [...]
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