Pelangio Exploration Grants Stock Options
Pelangio Exploration Inc. (OTC PINK:PGXPF) announced a grant of 2,050,000 stock options to directors, officers, employees, and consultants. The options have an exercise price of $0.115 per share and a five-year term, expiring on August 24, 2026. The company is engaged in acquiring and exploring gold properties in Ghana and Canada, including the Manfo and Obuasi properties in Ghana and several projects in Ontario. Further details can be found on their website.
- Grant of 2,050,000 stock options may help align interests of management and shareholders.
- Options have a favorable exercise price of $0.115 per share, potentially benefiting stock performance.
- Pelangio is exploring valuable gold properties in Ghana and Canada which may enhance its asset portfolio.
- None.
TORONTO, ON / ACCESSWIRE / August 24, 2021 / Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) (“Pelangio” or the “Company”) today announced that the Board of Directors has approved the grant of 2,050,000 incentive stock options to certain directors, officers, employees and consultants of the Company. The stock options are exercisable into common shares of the Company at a price of
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 acquires and explores prospective land packages located in world-class gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two
For additional information, please visit our website at www.pelangio.com, or contact:
Ingrid Hibbard, President and CEO
Tel: 905-336-3828 / Toll-free: 1-877-746-1632 / Email: info@pelangio.com
SOURCE: Pelangio Exploration Inc.
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