Toronto, Ontario — December 23, 2025 — Leads & Copy — Pelangio Exploration Inc. has announced it received $1,395,933.35 in gross proceeds from the exercise of 27,918,667 common share purchase warrants at $0.05 each.
The company issued 27,918,667 common shares upon the warrants’ exercise.
Pelangio intends to use the proceeds to advance its projects, for general working capital, and for corporate purposes. This includes continued work across its Ghana and Canadian portfolios.
Pelangio acquires and explores prospective land packages in world-class gold belts in Ghana, West Africa, and Canada. In Ghana, the company is exploring its two 100% owned camp-sized properties: the 100 km2 Manfo property, the site of eight near-surface gold discoveries, and the 284 km2 Obuasi property, located 4 km on strike and adjacent to AngloGold Ashanti’s Obuasi Mine, as well as the Dankran property located adjacent to its Obuasi property.
Ingrid Hibbard, President and CEO of Pelangio, can be reached at 905-336-3828 or info@pelangio.com.
Source: Pelangio Exploration Inc.
