| Pelangio Exploration Reports Results of Annual Meeting of Shareholders | |
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TORONTO, ONTARIO--(Marketwired - May 13, 2014) - Pelangio Exploration Inc. (TSX VENTURE:PX)(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.
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Pelangio Exploration Inc.
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EXPLORATION STAGE |
CODE : PX.V |
ISIN : CA7056461071 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Pelangio Exploration is a gold and copper exploration company based in Canada. Pelangio Exploration holds various exploration projects in Canada. Its main exploration properties are BIRCH LAKE, SEELEY LAKE, POIRIER GOLD, MANITOUWADGE, BLACK TOWNSHIP, SIMON, BLOCK A, ROSS EAST and STOUGHTON in Canada and MANFO PROPERTY and OBUASI PROJECT in Ghana. Pelangio Exploration is listed in Canada and in United States of America. Its market capitalisation is CA$ 7.1 millions as of today (US$ 5.2 millions, € 4.7 millions). Its stock quote reached its highest recent level on November 05, 2010 at CA$ 1.31, and its lowest recent point on December 31, 2015 at CA$ 0.01. Pelangio Exploration has 235 540 000 shares outstanding. |