• Pelangio Exploration (PX) has announced a non-brokered private placement for gross proceeds of up to $600,000 
  • The offering will consist of up to 20,000,000 units priced at $0.03 per unit
  • The placement may consist of one or more tranches, with the initial tranche expected to close on or around October 31
  • Ingrid Hibbard, President & CEO, sat down with Daniella Atkinson to discuss the capital raise
  • Pelangio Exploration is a Canadian gold exploration company
  • Shares of Pelangio Exploration Inc.(PX) opened trading at C$0.035

Pelangio Exploration (PX) has announced a non-brokered private placement for gross proceeds of up to $600,000.

The company will issue up to 20,000,000 units priced at $0.03 per unit.

Ingrid Hibbard, President & CEO, sat down with Daniella Atkinson to discuss the capital raise.

Pelangio acquires and explores world-class gold belt land packages in Ghana, West Africa and Canada.  In Ontario, the company is currently focused on its Gowan property, located 16 km from the Kidd Creek Mine.

Shares of Pelangio Exploration Inc. (PX) opened trading at C$0.035.


More From The Market Online
Gold and silver markets

Silver price predictions: Is the 2024 gold and silver rally just starting?

Like birds of a feather, gold and silver have historically flocked together, and the two precious metal mates have found their wings in 2024.
The Market Online Video

Mining play provides exploration update

Mineral exploration company Geologica Resource (CSE:GRCM) is dual listed in Canada on the CSE and in Germany on the Frankfurt Exchange.

Gold penny stock unearths more riches from its assets

Copper and other critical metal prices have also been trending upward, and this all spells good news for the likes of Northstar Gold Corp.

@ the Bell: TSX keeps it just above the flatline

Driven by materials stocks tracking higher metals prices, utilities led gainers on the TSX while energy and industrials led the drop.