Pelangio Exploration Reports Results of Annual Meeting of Shareholders
Pelangio Exploration Inc.
440 Harrop Dr., 2nd Floor Milton, Ontario L9T 3H2 Phone (905) 875-3828 Fax (905) 875-3829
NEWS RELEASE
PELANGIO EXPLORATION REPORTS RESULTS OF ANNUAL MEETING OF SHAREHOLDERS
TORONTO, Ontario, (June 17, 2010) – Pelangio Exploration Inc. (PX:TSX-V) (“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).
For additional information, please visit our website at www.pelangio.com or contact:
Ingrid Hibbard, President & CEO or Brendan Cahill, Vice President Corporate Development Tel: 905-875-3828 / Toll-free: 1-877-746-1632 / Email: [email protected]
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.