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Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) focuses on acquiring and exploring land packages on strategic gold belts in Ghana and Canada. The company explores two 100% owned camp-sized properties in Ghana, including Manfo, the site of near-surface gold discoveries, and Obuasi, located near AngloGold Ashanti's high-grade Obuasi Mine. In Canada, Pelangio is focused on the Kenogaming project and the Gowan project. The company recently closed a non-brokered private placement to raise funds for working capital and general corporate purposes.
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.
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