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Pelangio Exploration Inc V.PX

Alternate Symbol(s):  PGXPF

Pelangio Exploration Inc. acquires and explores prospective land packages located in gold belts in Ghana, West Africa and Canada. In Ghana, the Company is focused on its two 100% owned camp-sized properties: the 100 square kilometers Manfo property, the site of eight near-surface gold discoveries, and the 284 square kilometers Obuasi property, located four kilometers (km) on strike and adjacent to AngloGold Ashanti's high-grade Obuasi Mine, as well as the Dankran property located adjacent to its Obuasi property. The Manfo project is located in the Sefwi-Bibiani greenstone belts of the Paleoproterozoic Birimian of southwest Ghana, about 15 km southeast of Newmont's Ahafo gold mine. The Dankran project covers an area of approximately 34.65 square kilometers contiguous to the northeastern corner of its Obuasi project. Its Canadian properties include Gowan Property, Grenfell Property, Kenogaming Property, Hailstone Property, Birch Lake Property, and Poirier Gold Property, and others.


TSXV:PX - Post by User

Bullboard Posts
Post by Rainendownon Jun 04, 2009 1:51pm
583 Views
Post# 16043999

What does this tell you about the next month?

What does this tell you about the next month?1)  Each Unit comprised one common share of the Company and one commonshare purchase warrant, pursuant to which the holder thereof isentitled to purchase one common share of the Company for a purchaseprice of $0.20 prior to the earlier of: (i) the 30th day afterreceiving notice from Pelangio that the volume weighted average priceof the common shares has been equal to or greater than $0.40 for aperiod of twenty (20) consecutive trading days, and (ii) February 27,2011. The FT Shares and Units are subject to customary securitieslegislation hold periods and will not be freely tradable until June 27,2009.

2)
June 7 - 8, 2009 - Booth 400 - VCEC West Exhibit Level - 2009 World Resources Investment Conference, New Vancouver Convention Centre, 1055 Canada Place, Vancouver, BC

June 25, 2009 - 10:00 am - Annual and Special Shareholders Meeting - The Fairmont Royal York, Salon 3, 19th Floor, 100 Front Street West, Toronto, ON M5J 1E3
Bullboard Posts