Ms. Ingrid Hibbard reports

PELANGIO ANNOUNCES VOTING RESULTS FROM 2018 ANNUAL AND SPECIAL MEETING OF SHAREHOLDERS

All matters proposed by management, including the election of management's nominees for the board of directors, were approved at Pelangio Exploration Inc.'s annual and special meeting held Tuesday, May 29, 2018.

At the meeting, shareholders elected Ingrid Hibbard, Carl Nurmi, David Mosher, David Paxton, Ian Shaw and Kevin Thomson to the board of directors, with no director receiving less than 99 per cent of votes cast at the meeting in favour of their appointment.

Shareholders of Pelangio also approved:

1. The reappointment of its auditor (99 per cent of votes cast in favour);
2. An ordinary resolution approving the increase in the number of common shares reserved for issuance under Pelangio's stock option plan (98 per cent of votes cast in favour);
3. A special resolution authorizing the consolidation of Pelangio's issued and outstanding common shares on the basis of a ratio within the range of one postconsolidation common share for every five preconsolidation common shares to one postconsolidation common share for every 10 preconsolidation common shares, with the actual ratio to be determined by the board of directors (97 per cent of votes cast in favour).

Pelangio thanks its shareholders for their overwhelming support of management's recommendations.

About Pelangio Exploration Inc.

Pelangio successfully acquires and explores camp-sized land packages in world-class gold belts. The company primarily operates in Ghana, West Africa, an English-speaking, common-law jurisdiction that is consistently ranked amongst the most favourable mining jurisdictions in Africa. The company is exploring three 100-per-cent-owned camp-sized properties: the 100-square-kilometre Manfo property, the site of seven recent near-surface gold discoveries; the 264-square-kilometre Obuasi property, located four kilometres on strike and adjacent to AngloGold Ashanti's prolific high-grade Obuasi mine; and the early-stage 86-square-kilometre Akroma property, which includes the Dormaa concession. Pelangio is also renewing its interest in its Canadian gold property at Birch Lake in Ontario.

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