Pelangio Exploration Inc. is pleased to announce that is has received the results from its 2020 till sampling programs and subsequent Induced Polarization-Resistivity survey at its Hailstone property in Northern Saskatchewan. These results are very encouraging and indicate high priority gold targets associated with surface gold mineralization [...]
Pelangio Exploration Inc. is pleased to announce it has received and reviewed all assay results from the phase 2 drill program completed in the fall of 2020 on its Grenfell gold project, located near Kirkland Lake, Ontario. . The drill program successfully intercepted gold in both higher-grade narrow vein intersections and a series of new gold [...]
Pelangio Exploration Inc. announces that, subject to the approval of the TSX Venture Exchange , 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 15, 2017, January 17, 2018, December 18, 2018 and [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the final tranche of the non-brokered private placement previously announced on November 16, 2020 and November 24, 2020, and December 3, 2020 . In this final tranche, the Company raised aggregate gross proceeds of $970,800 by issuing 6,650,000 hard dollar units at a price of $0.13 [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement previously announced on November 16, 2020 and November 24, 2020 . In this first tranche, the Company raised aggregate gross proceeds of $1,240,900 by issuing 7,950,000 hard dollar units at a price of $0.13 per HD Unit and [...]
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 hard dollar units and flow-through shares from aggregate gross proceeds of up to $1,800,000 to aggregate gross proceeds of up to $2,221,000 . The Offering consists of the [...]
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 a non-brokered private placement for aggregate gross proceeds of up to $1,800,000 . The Offering will consist of the sale of hard dollar units [...]
Pelangio Exploration Inc. is pleased to announce that it has entered into an Option Agreement with BNT Resources Ghana Ltd., to acquire a 100% interest in the 34.65 square kilometer Subriso-Kokotro concession, located adjacent to Pelangio's Obuasi project, on the prolific Ashanti Gold Belt in Ghana. Highlights of the Dankran Property The Dankran [...]
Pelangio Exploration Inc. announces that it has granted to its officers, directors, employees and advisors a total of 2,987,500 stock options instead of the 3,275,000 options previously announced in its press release dated October 28, 2020. These stock options can be exercised for a period of 5 years from the date of grant at a price of $0.17 per [...]
Pelangio Exploration Inc. announces that it has amended its fixed stock option plan whereby it has increased the number of shares reserved for issuance under the Plan from 2,700,000 shares to 5,300,000 shares. The Company also announces the grant of a total of 3,275,000 stock options to certain directors, officers, employees and consultants of the [...]
Pelangio Exploration Inc. is pleased to announce that a phase 2 drill program has begun at its Grenfell gold project located 10 kilometers northwest of Kirkland Lake Ontario. The phase 2 drill program is expected to run for about two weeks and assay results will be released thereafter. HIGHLIGHTS The phase 1 drill program returned 314 g/t gold over [...]
Pelangio Exploration Inc. is pleased to announce that is has entered into an Option Agreement with Jubilee Minerals Inc. on its Birch Lake Property located approximately 110 km northeast of the town of Red Lake, Ontario, in the Red Lake Mining Division . Ingrid Hibbard, President and CEO of Pelangio commented, "We are excited to have Jubilee [...]
