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Pelangio Exploration Reports Results of Annual General and Special Meeting

Shareholder Meetings

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NEWS RELEASE

Pelangio Exploration Reports Results of Annual General and Special Meeting

TORONTO, Ontario (J une 2 5th, 2025) – Pelangio Exploration Inc. (PX:TSX -V; OTC PINK:PGXPF)

(“Pelangio” or the “Company”) is pleased to announce that all matters proposed by management were

approved at Pelangio’s annual general and special meeting held Wednesday, June 2 5, 202 5 (the

“Meeting”).

At the Meeting, shareholders of Pelangio re -elected Ingrid Hibbard, JC St. Amour, David Mosher, Kevin

Thomson, and Kamar Jones to the board of directors. The shareholders also approved the reappointment

of its auditor and reapproved the Company’s stock option plan. No additional business was brought

before the Meeting.

About Pelangio

Pelangio acquires and explores prospective land packages located in world-class gold belts in Ghana, West

Africa, and Canada. In Ghana, the Company is focused on 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 prolific high-grade Obuasi Mine, as well as the

Dankan property located adjacent to its Obuasi property. See www.pelangio.com for further details on all

Pelangio’s properties.

For additional information, please visit our website at www.pelangio.com, or contact:

Ingrid Hibbard, President, and CEO

Tel: 905-336-3828 / Email: [email protected]

Forward Looking Statements

Certain statements herein may contain forward -looking statements and forward -looking information within the meaning of

applicable securities laws. Forward-looking statements or information appear in a number of places and can be identified by the

use of wo rds such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”,

“intends”, “anticipates” or “does not anticipate” or “believes” or variations of such words and phrases or statements that certain

actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward -looking statements

and information include statements regarding the Company’s strategy of acquiring large land packages in areas of sizeable gol d

mineralization, and the Company’s ability to complete the planned exploration programs. Regarding forward-looking statements

and information contained herein, we have made many assumptions, including about the state of the equity markets. Such

forward-looking statements and information are subject to risks, uncertainties and other factors which may cause the Company’s

actual results, performance or achievements, or industry results, to be materially different from any future results, perfo rmance

Pelangio Exploration Inc. News Release – June 25th, 2025

82 Richmond Street East, Toronto, ON M5C 1P1 T: 905-336-3828

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or achievements expressed or implied by such forward-looking statement or information. Such risks include the changes in equity

markets, share price volatility, volatility of global and local economic climate, gold price volatility, political developments in Ghana,

and Canada, increases in costs, exchange rate fluctuations, speculative nature of gold exploration, including the risk that

favourable exploration results may not be obtained, delays due to COVID-19 safety protocols, and other risks involved in the gold

exploration industry. See the Company’s annual and quarterly financial statements and management’s discussion and analysis for

additional information on risks and uncertainties relating to the forward -looking statement and information. There can be no

assurance that a forward -looking statement or information referenced herein will prove to be accurate, as actual results and

future events could differ materially from those anticipated in such statements or information. Also, many of the factors are

beyond the control of the Company. Accordingly, readers should not place undue reliance on forward - looking statements or

information. We undertake no obligation to reissue or update any forward-looking statements or information except as required

by law. All forward-looking statements and information herein are qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture

Exchange) accepts responsibility for the adequacy or accuracy of this release.