Pelangio Exploration (OTC: PGXPF, TSXV: PX) granted 250,000 incentive stock options to a company director, exercisable at $0.125 per share. The options, issued under Pelangio's Stock Option Plan and TSX Venture Exchange rules, have a 10-year term expiring on July 20, 2036.
Toronto, Ontario--(Newsfile Corp. - July 20, 2026) - Pelangio Exploration Inc. (TSXV: PX) (OTC Pink: PGXPF) ("Pelangio"or the "Company") today announced that the Board of Directors has approved the grant of 250,000 incentive stock options to a director of the Company. The stock options are exerciseable into common shares of the Company at a price of $0.125 per share. Subject to the rules of the TSX Venture Exchange and the Company's Stock Option Plan, the options have a term of ten years and will expire on July 20, 2036.
Neither TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.
About Pelangio
Pelangio Exploration Inc. is a Canadian mineral exploration company focused on advancing gold projects in Ghana and Canada. The Company's principal asset is the 100% owned Manfo Gold Project in the Sefwi Gold Belt, which hosts a mineral resource and is the focus of ongoing 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 underway. For additional information, please visit our website at www.pelangio.com, or contact:
Ingrid Hibbard, President and CEO T: 905-336-3828 TF: 1-877-746-1632 E: info@pelangio.com
What stock options did Pelangio Exploration (PGXPF) grant on July 20, 2026?
Pelangio Exploration granted 250,000 incentive stock options to a director on July 20, 2026. According to Pelangio, these options are exercisable into common shares at $0.125 per share under its Stock Option Plan and TSX Venture Exchange rules.
What is the exercise price of the new Pelangio Exploration (PGXPF) stock options?
The exercise price of the new Pelangio Exploration stock options is $0.125 per share. According to Pelangio, the 250,000 options are incentive options granted to a director and are exercisable into common shares at this fixed price.
When do the newly granted Pelangio Exploration (PGXPF) stock options expire?
The newly granted Pelangio Exploration stock options expire on July 20, 2036. According to Pelangio, the 250,000 incentive stock options have a 10-year term, subject to TSX Venture Exchange rules and the company’s Stock Option Plan.
Who received the 250,000 stock options from Pelangio Exploration (PGXPF)?
A director of Pelangio Exploration received the 250,000 incentive stock options. According to Pelangio, the board of directors approved this grant under the company’s Stock Option Plan, with options exercisable at $0.125 per share for a 10-year term.
Under what plan were Pelangio Exploration (PGXPF) stock options granted in July 2026?
The July 2026 stock options were granted under Pelangio Exploration’s Stock Option Plan. According to Pelangio, the 250,000 incentive options to a director are also subject to TSX Venture Exchange rules and carry a $0.125 exercise price and 10-year term.
