PELANGIO EXPLORATION - PGXPF STOCK NEWS

Pelangio Exploration announced the results of its annual meeting held on June 28, 2024. All matters proposed by management were approved by shareholders. Key decisions included the re-election of board members Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, and Al Gourley.

Additionally, shareholders approved the reappointment of the company's auditor and the reapproval of the stock option plan. No new business was introduced during the meeting.

Pelangio Exploration Inc. has successfully closed the second and final tranche of a non-brokered private placement, raising $500,000 in gross proceeds. The private placement involved the issuance of 33,333,332 units at a price of $0.015 per unit. Each unit includes one common share and one common share purchase warrant. The company completed the first tranche earlier, raising $113,500. The proceeds from the private placement will be utilized for working capital, general corporate purposes, and land maintenance costs. Insiders of the company participated in the private placement, with certain insiders contributing $85,500. The securities offered have not been registered under the U.S. Securities Act of 1933.

Pelangio Exploration Inc. closes the first tranche of a non-brokered private placement, raising $113,500 from the issuance of 7,566,666 units at $0.015 per unit. The private placement includes common shares, warrants, and finder's fees. Insiders participated in the placement, with total insider participation of $85,500. The offering is subject to TSX Venture Exchange approval and statutory hold periods. The securities offered are not registered under the U.S. Securities Act of 1933.

Pelangio Exploration Inc. announces a non-brokered private placement to raise up to $500,000 through the sale of units at $0.015 per unit. Each unit includes a common share and a warrant. The company plans to use the proceeds for working capital and general corporate purposes. The offering is subject to regulatory approvals and may occur in multiple tranches, with insiders eligible to participate.

Pelangio Exploration Inc. has agreed to issue 500,000 common shares at a deemed per-share price of $0.02, subject to approval by the TSXV. Additionally, the company will be required to issue a final C$30,000 of common shares on the twelve-month anniversary of the settlement agreement.

Pelangio Exploration Inc. provides an update on 2023 activities and the outlook for 2024 for its projects in Ghana and Canada. Key highlights include exploration activities at the Obuasi Project, the Manfo Project, and significant discoveries on its Canadian properties. The outlook for 2024 includes continued exploration programs, resource extension drilling, and strategic opportunities for Canadian properties.

Pelangio Exploration Inc. has closed the second tranche of a non-brokered private placement, raising gross proceeds of $351,600. Each unit consists of one common share and one common share purchase warrant. The company paid finder's fees and issued broker warrants. The securities issued are subject to hold periods and final approval from the TSX Venture Exchange.

Pelangio Exploration Inc. has closed the first tranche of a non-brokered private placement, raising $209,100 from the issuance of 6,970,000 units. The company paid finder's fees totaling $7,200 and appointed Odyssey Trust Company as its registrar and transfer agent.

Pelangio Exploration Inc. announces a non-brokered private placement for gross proceeds of up to $500,000. Each Unit will be sold at a price of $0.03 and consists of one common share and one common share purchase warrant. The Offering is expected to occur on or around September 25th, 2023. The securities offered have not been registered under the U.S. Securities Act of 1933.