Pelangio Exploration Inc.
TSX VENTURE : PX
OTCQB : PGXPF

Pelangio Exploration Inc.

May 13, 2014 10:02 ET

Pelangio Exploration Reports Results of Annual Meeting of Shareholders

TORONTO, ONTARIO--(Marketwired - May 13, 2014) - Pelangio Exploration Inc. (TSX VENTURE:PX)(OTCQB:PGXPF) ("Pelangio" or the "Company") is pleased to announce that all proposed resolutions were approved by the Shareholders on Friday, May 9, 2014 including the election of directors of the Company at the Company's Annual Meeting, as follows:

Directors Votes in Favour % in Favour Votes Withheld % Withheld
Peter Crossgrove 75,493,448 99.77 170,917 0.23
Thor Eaton 75,504,748 99.79 159,617 0.21
Ingrid Hibbard 75,482,748 99.76 181,617 0.24
David Mosher 75,444,748 99.71 219,617 0.29
Carl Nurmi 75,486,748 99.77 177,617 0.23
Philip Olson 75,504,748 99.79 159,617 0.21
Ian Shaw 75,482,448 99.76 181,917 0.24
Appointment of Auditors 81,561,700 99.56 359,841 0.44
Remuneration of Auditors 81,548,133 99.54 373,409 0.46

About Pelangio
Pelangio successfully acquires and explores camp-sized land packages in world-class gold belts, while using innovative corporate restructuring to maximize shareholder value. 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%-owned camp-sized properties: the 100 km2 Manfo Property, the site of seven recent near-surface gold discoveries, the 264 km2 Obuasi Property, located four kilometres on strike and adjacent to AngloGold Ashanti's prolific, high-grade Obuasi Mine, which has produced over 30 million ounces of gold since 1897, and the early-stage 159 km2 Akroma Property.

For additional information, please visit our website at www.pelangio.com, follow us on Twitter @PelangioEx.

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
    Toll-free: 1-877-746-1632
    info@pelangio.com

    Pelangio Exploration Inc.
    Warren Bates
    Senior Vice President Exploration
    905-875-3828
    Toll-free: 1-877-746-1632
    info@pelangio.com