An announcement from Pelangio Exploration ( (TSE:PX) ) is now available.
Pelangio Exploration Inc. has announced the granting of 1,500,000 incentive stock options to its directors, officers, employees, and consultants, with each option exercisable at $0.06 per share over a 10-year term. Additionally, the company has changed its auditor from McGovern Hurley LLP to Jones & O’Connell LLP, a decision approved by its Audit Committee and Board of Directors. These strategic moves may enhance the company’s operational flexibility and financial oversight, potentially impacting its exploration activities and stakeholder confidence.
More about Pelangio Exploration
Pelangio Exploration Inc. is involved in acquiring and exploring prospective land packages in world-class gold belts, particularly in Ghana, West Africa, and Canada. The company focuses on its two 100% owned properties in Ghana, the Manfo and Obuasi properties, which are notable for their gold discoveries and proximity to the prolific Obuasi Mine.
YTD Price Performance: 100.0%
Average Trading Volume: 91,795
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$10.36M
Learn more about PX stock on TipRanks’ Stock Analysis page.