Wednesday, January 16, 2019

Pelangio Exploration Inc. - PX.v

Pelangio Exploration Inc. - PX.v operates in both Ontario and Ghana, West Africa. The company is advancing the Birch Lake Property located adjacent to First Mining's Springpole Gold Project and the Obuasi Property, adjacent to AngloGold Ashanti's Obuasi Mine.

On January 11, 2019 the company released News
Pelangio Announces Extension of Private Placement Financing

Pelangio Exploration Inc. announces that further to press releases dated November 12, 2018 and December 18, 2018, its previously announced private placement (the "Private Placement") of up to $675,000 is expected to be oversubscribed. To facilitate the additional demand, the Company has received approval from the TSX Venture Exchange for an extension of the duration of the Private Placement to February 11, 2019 and to increase the size of the Private Placement to up to $750,000.