Pelangio Exploration Inc.

Pelangio Exploration Inc.

June 17, 2010 13:12 ET

Pelangio Exploration Reports Results of Annual Meeting of Shareholders

TORONTO, ONTARIO--(Marketwire - June 17, 2010) - Pelangio Exploration Inc. (TSX VENTURE:PX) ("Pelangio" or the "Company") is pleased to announce that, at the Company's Annual Meeting of Shareholders held today, the shareholders of the Company approved all proposed resolutions.

About Pelangio

Pelangio is a junior gold exploration company with over $7 million in working capital that is active in two of the top-ranked mining jurisdictions in the world, Canada and Ghana. The Company's primary goal is to discover Obuasi mine-style gold ore shoots on its 290 km2 property located on strike and adjacent to AngloGold Ashanti's Obuasi mine, which has produced 30 M oz of gold since 1897 and holds current reserves and resources of 37 M oz (9.7 M oz reserve in a global resource comprising: 24.5 M oz measured and indicated; 12.5 M oz inferred – as further described in AngloGold Ashanti's Mineral Resource and Ore Reserve Report 2008). 

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Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • Pelangio Exploration Inc.
    Ingrid Hibbard
    President & CEO
    905-875-3828 or Toll Free: 1-877-746-1632
    Pelangio Exploration Inc.
    Brendan Cahill
    Vice President Corporate Development
    905-875-3828 or Toll Free: 1-877-746-1632