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Pelangio Exploration Settles Litigation with Share Issuance

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Pelangio Exploration Settles Litigation with Share Issuance

Pelangio Exploration (TSE:PX) has released an update.

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Pelangio Exploration Inc. has announced the issuance of 1.5 million common shares to settle litigation, with the shares being priced at $0.02 each and subject to a four-month hold period. This final payment concludes the terms of their settlement agreement, while the company continues to focus on exploring gold belts in Ghana and Canada.

For further insights into TSE:PX stock, check out TipRanks’ Stock Analysis page.

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