Pelangio Exploration reports the results of its annual and special meeting
TORONTO, ON / ACCESSWIRE / June 30, 2021 /Pelangio Exploration Inc. (TSXV: PX) (OTC PINK: PGXPF) (“Pelangio”or the “Company”) is pleased to announce that all matters proposed by management have been approved at Pelangio’s annual and special meeting held on Wednesday June 30, 2021 (the meeting”).
At the meeting, Pelangio shareholders elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin Thomson, Joyce Aryee and Al Gourley to the board of directors. The shareholders also approved the renewal of the mandate of its auditor. In addition, the shareholders approved the modification of the Company’s stock option plan to become a 10% “sliding” plan. No additional questions were submitted to the Assembly.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Pelangio acquires and explores potential land packages located in world-class gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two 100% camp-sized properties: the 100 km2 The Manfo property, the site of eight near-surface gold discoveries, and the 284 km2 The Obuasi property, located 4 km on the shore and adjacent to the prolific high grade AngloGold Ashanti mine, as well as the newly optioned Dankran property located adjacent to its Obuasi property. In Canada, the Company is currently focused in Ontario on its Dome West property, located approximately 800 meters from the Dome mine in Timmins; at its polymetallic Gowan project, located 16 km east of the Kidd Creek mine, and exploring its Hailstone property in Saskatchewan. See www.pelangio.com for details on all of Pelangio’s properties.
For more information, please visit our website at www.pelangio.com or contact:
Ingrid Hibbard, President and Chief Executive Officer
Tel: 905-336-3828 / Toll free: 1-877-746-1632 / Email: [email protected]
Certain statements herein may contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Forward-looking statements or information appear in several places and can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, ” expected ”,“ believes ”,“ foresees ”,“ intends ”,“ anticipates ”or“ does not anticipate ”or“ believes ”or variations of these words and phrases or statements that certain actions, events or results “Could”, “could”, “would”, “could” or “will” be taken, occur or be achieved. Forward-looking statements and information include statements regarding the Company’s exploration plans. forward-looking statements and information contained in this document, we have made numerous assumptions. These forward-looking statements and information are subject to risks, uncertainties and other factors that may cause the actual results, performance or achievements of the Company, or industry results, are materially different from future results, performance or achievements expressed or implied by such forward-looking statements. – a forward-looking statement or information. These risks include changes in stock markets, volatility in stock prices, volatility in the global and local economic climate, volatility in gold prices, political developments in Ghana and Canada, cost increases, fluctuations exchange rates, the speculative nature of gold exploration, including the risk that favorable exploration results may not be obtained, delays due to COVID-19 security protocols and other risks involved in the gold exploration industry. See the annual and quarterly financial statements of the company as well as the management report and analysis for more information on the risks and uncertainties associated with forward-looking statements and information. There can be no assurance that any forward-looking statement or information referenced in this document will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. In addition, many factors are beyond the control of the Company. Therefore, readers should not place undue reliance on forward-looking statements or information. We assume no obligation to reissue or update any forward-looking statements or information, except as required by law. All forward-looking statements and information contained in this document are qualified by this cautionary statement.
SOURCE: Pelangio Exploration Inc.
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