Ms. Ingrid Hibbard reports

PELANGIO GRANTS OPTIONS

Pelangio Exploration Inc.'s board of directors has approved the grant of 200,000 incentive stock options to a director of the company. The options are exercisable into common shares of the company at a price of five cents per share. Subject to the rules of the TSX Venture Exchange and the company's stock option plan, the options have a term of five years and will expire on June 16, 2022.