Pelangio Exploration Settles Litigation with Share Issuance

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

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.

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