Pelangio Exploration Inc. announces that it has received gross proceeds of $1,395,933.35 from the exercise of 27,918,667 common share purchase warrants at an exercise price of $0.05 per warrant. The Company issued 27,918,667 common shares upon exercise of these warrants. The Company intends to apply the proceeds to advancing its projects and for general working capital and corporate purposes. This includes continued work [...]
Pelangio Exploration Inc. is pleased to announce that it has closed the second and final tranche of the non-brokered private placement first announced on September 22, 2025 and increased to $4,500,000 on September 24, 2025. The first tranche raised gross proceeds of $3,462,600 from the issuance of 19,236,668 units at a price of $0.18 per Unit. This Final Tranche raised gross proceeds of $1,037,399.76 from the issuance of [...]
Pelangio Exploration Inc. is pleased to announce that that it has closed the first tranche of its previously announced upsized non-brokered private placement . The Company issued 19,236,668 common shares at a price of $0.18 per share for gross proceeds of approximately $3,462,600. The securities issued pursuant to the Offering are subject to a four-month and one day hold period in accordance with applicable Canadian [...]
Pelangio Exploration Inc. is pleased to announce that, due to additional demand, it has increased the size of its previously announced non-brokered private placement from gross proceeds of up to $4,000,000 to gross proceeds of up to $4,500,000 . The Offering will consist of the sale of units of the Company at a price of $0.18 per Unit. Each Unit consists of one common share of the Company and one half of a Common Share [...]
Pelangio Exploration Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to $4,000,000 . The Offering will consist of the sale of units of the Company at a price of $0.18 per Unit. Each Unit consists of one common share of the Company and one half of a Common Share purchase warrant . Each whole Warrant entitles the holder to purchase one Common Share at a price of $0.31 for a period of 2 [...]
Pelangio Exploration Inc. is pleased to announce that the updated, independent, Mineral Resource Estimate for the Company's 100% owned Manfo Gold Project in Ghana and completed by SEMS Technical Services Ltd. of Ghana is filed on SEDAR. As well, we are pleased to provide an exploration update. The Resource defines a total Indicated Mineral Resource of 441,000 ounces of gold at an average grade of 1.16 g/t Au and totalling [...]
Pelangio Exploration Inc. is pleased to announce the results of an updated, independent, Mineral Resource Estimate for the Company's 100% owned Manfo Gold Project in Ghana. The Resource was completed by SEMS Technical Services Ltd. of Ghana. The Resource, with an effective date of July 31, 2025, is reported for four gold deposits using constraining optimized pits at a gold price of US$2,600 per ounce, and: Updates [...]
Pelangio Exploration Inc. OTC PINK: PGXPF) is pleased to announce that a high-resolution UAV aeromagnetic survey is currently underway. The 900 line-kilometer 50 meter-spaced survey will cover all current exploration targets from the northern end of Manfo to the southern end of Nkosuo. The survey results should greatly assist in geological and structural interpretation and the refinement and ranking of targets for drill [...]
Pelangio Exploration Inc. is pleased to announce that all matters proposed by management were approved at Pelangio's annual general and special meeting held Wednesday, June 25, 2025 . At the Meeting, shareholders of Pelangio re-elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, and Kamar Jones to the board of directors. The shareholders also approved the reappointment of its auditor and reapproved the [...]
Pelangio Exploration Inc. is pleased to provide an update on recent corporate and exploration developments across its Ghanaian gold projects following a two-week site visit by Pelangio's Technical Team: Kevin Thomson, Senior Vice-President, Exploration and Samuel Torkornoo, Vice President Africa in May 2025. Manfo and Nkosuo Option Highlights Manfo: Engaged with SEMS Exploration in their completion of Mineral Resource [...]
Pelangio Exploration Inc. is pleased to announce that it has closed a non-brokered private placement of 25,000,000 units of the Company at a price of $0.04 per Unit for gross proceeds of $1,000,000 . Each Unit consists of one common share of the Company and one Common Share purchase warrant . Each Warrant entitles the holder to purchase one Common Share for a period of 36 months from the date of the issue of the Warrants [...]
Pelangio Exploration Inc. announces an extension to the timeline for the completion of the Mineral Resource Estimate for the Manfo Project. This extension follows the recent strategic agreement with FJ Minerals Limited for the option to acquire up to an 83% interest in the adjacent Nkosuo Project. Pending the due diligence period, the Nkosuo Project is expected to become an integral part of a larger Manfo-Nkosuo combined [...]