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 of from aggregate gross proceeds of up to CDN$625,000 to aggregate gross proceeds of up to CDN$780,063 . Each Unit consists of one common share of the Company and one quarter [...]
Pelangio Exploration Inc. is pleased to announce that is has closed the first tranche of a non-brokered private placement of up to $625,000 announced on December 22, 2021 . The first tranche raised gross proceeds of $362,970 from the issuance of 3,629,700 units at a price of $0.10 per Unit. Each Unit consists of one common share of the Company and [...]
Pelangio Exploration Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $625,000 . The Offering will consist of the sale of units of the Company at a price of $0.10 per Unit. Each Unit consists of one common share of the Company and one quarter of one Common Share purchase warrant . Each whole share purchase [...]
Pelangio Exploration Inc. is pleased to provide initial assay results from diamond drilling at the Pokukrom West deposit on its 100%-owned, Manfo project in Ghana. Highlights of Diamond Drilling at Pokukrom West, Manfo Project Two diamond drill holes totaling 383.2 meters completed at Pokukrom West to better understand structural controls to [...]
Pelangio Exploration Inc. is pleased to announce that a 1200 meter diamond drill program is well underway at its Dome West Project located 800 meters west of Newmont's Dome Mine in Timmins, Ontario. Highlights: Deep exploration test of previously unexplored Vipond stratigraphy which hosts a substantial portion of the gold mineralization at the Dome [...]
Pelangio Exploration Inc. is pleased to announce that it has completed a follow-up ground induced polarization survey across a large 1.5 by 1 km VTEM anomaly on its Gowan Project. The Gowan Project is located approximately 16 km east of Glencore's Kidd Creek Mine and approximately 23 km southeast of the Canada Nickel Company's Crawford deposit in [...]
Pelangio Exploration Inc. is pleased to provide an update on recent exploration activities on its projects in Ghana and Canada. Highlights of Recent Exploration Activities A diamond drilling program to test for extensions to the Pokukrom gold resource mineralization has commenced on the Manfo project in Ghana. One-meter re-assays of significant [...]
Pelangio Exploration Inc. is pleased to announce that it has entered into an earn-in agreement with First Mining Gold Corp. and Gold Canyon Resources Inc. , a wholly-owned subsidiary of First Mining, on Pelangio's Birch Lake and Birch Lake West properties which is adjacent to First Mining's Springpole Gold Project , located approximately 120 km [...]
Pelangio Exploration Inc. today announced that the Board of Directors has approved the grant of 2,050,000 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 $0.115 per share. Subject to the rules of the TSX Venture [...]
Pelangio Exploration Inc. is pleased to announce the completion of a maiden reverse circulation exploration drilling program on its Dankran project in Ghana, with a number of significant drill intercepts returned. The program was designed as an initial test of several gold -in-soil anomalies identified on the Dankran project plus test for the [...]
Pelangio Exploration Inc. is pleased to announce that all matters proposed by management were approved at Pelangio's annual and special meeting held Wednesday, June 30, 2021 . At the Meeting, shareholders of Pelangio elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, Joyce Aryee, and Al Gourley to the board of directors. The [...]
Pelangio Exploration Inc. ; is pleased to announce that it has closed the final tranche of the non-brokered private placement previously announced on May 21, 2021 and June 10, 2021 . In this final tranche, the Company raised gross proceeds of $275,000 by issuing 1,718,750 flow-through units of the Company at a price of $0.16 per FT Unit. Proceeds [...]