Ms. Ingrid Hibbard reports
PELANGIO EXPLORATION GRANTS STOCK OPTIONS
Pelangio Exploration Inc.'s board of directors has approved the grant of 250,000 incentive stock options to a director of the company. The stock options are exercisable into common shares of the company at a price of 12.5 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 10 years and will expire on July 20, 2036.
About Pelangio Exploration Inc.
Pelangio Exploration is a Canadian mineral exploration company focused on advancing gold projects in Ghana and Canada. The company's principal asset is the 100-per-cent-owned Manfo gold project in the Sefwi gold belt, which hosts a mineral resource and is the focus of continuing drilling and exploration. In Ghana, Pelangio also holds the Dankran property, where previous work has identified high-grade gold mineralization with potential for follow-up drilling, along with the Obuasi property, where early-stage exploration is under way.
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