Pelangio Exploration Inc.
Other OTCRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Pelangio Exploration Inc is a mineral exploration company engaged in acquiring, exploring, and developing mineral property interests primarily focused on gold. The company holds interests in multiple gold properties in Ghana, West Africa, including the Manfo Project, Obuasi Project, Dankran property, and the recently optioned Nkosuo mining lease, as well as properties in Canada such as the Birch Lake and Grenfell properties. Pelangio's key products and services include gold exploration and development activities, conducting geological surveys, drilling, resource estimation, and advancing early-stage and camp-sized gold properties in prolific gold belts. Founded in 2008 and headquartered in Toronto, Canada, Pelangio operates mainly in the junior gold exploration industry. The company focuses on identifying and advancing undervalued exploration prospects with significant resource expansion potential. In the past two years, Pelangio has made strategic operational advancements including the completion of an updated Mineral Resource Estimate (MRE) for its flagship Manfo Project in Ghana, which expanded both the tonnage and gold content, particularly in the Indicated category. The company also acquired the Nkosuo mining lease adjacent to Manfo, which provides a new area believed to host extensions of known mineralized structures, where exploration activities such as UAV surveys, soil geochemical sampling, and drill testing of priority targets have commenced. Furthermore, Pelangio completed a private placement in October 2025, raising aggregate gross proceeds of $4.5 million to fund ongoing exploration and corporate activities. These efforts underscore Pelangio's strategic shift towards expanding its resource base and advancing technical studies to support the future development of its gold projects. The company's operations focus on gold exploration in Ghana and Canada, targeting generating value through resource growth and advancing projects along the development pipeline in world-class gold belts. Pelangio Exploration leverages exploration expertise in Africa and North America to build shareholder value through disciplined acquisition, exploration, and development of gold mineral assets. The company’s recent exploration updates, strategic acquisitions, and financing activities position it for growth in the junior gold exploration sector with key assets in prolific gold mining regions. Pelangio continues to evolve its project portfolio and business operations to capitalize on rising gold prices and renewed interest in gold exploration globally.
Pelangio Exploration Reports Results of Annual General and Special Meeting
Pelangio Exploration Extends High-Grade Gold Shoot 150-meters North at Manfo, Ghana: 26-meters of 2.99 g/t Au Including 6-meters of 11.74 g/t Au
Pelangio Exploration Reports Interim Drill Results from the Manfo Project, Ghana; Drilling to Transition to Dankran with Further Drilling Planned at Manfo
Pelangio Exploration Commissions a Deep-Penetrating CSEM Survey for the Obuasi and Manfo Projects, Ghana
Pelangio Exploration Appoints Vice-President, Corporate Affairs and Corporate Secretary and Grants Stock Options
Pelangio Refiles Technical Report for Manfo Gold Project
Comparing Harmony Gold Mining (NYSE:HMY) and Pelangio Exploration (OTCMKTS:PGXPF)
Head-To-Head Review: Pelangio Exploration (OTCMKTS:PGXPF) versus Royal Gold (NASDAQ:RGLD)
Reviewing Pelangio Exploration (OTCMKTS:PGXPF) & Gold Fields (NYSE:GFI)
Pelangio Exploration Announces Receipt of $1,395,933 in Proceeds from Warrant Exercise
Pelangio Exploration (CVE:PX) Shares Up 2.5% – Still a Buy?
Pelangio Exploration Completes Final Tranche of Private Placement for Aggregate Gross Proceeds of $4,500,000
Pelangio Exploration Announces First Tranche Closing of Private Placement for Gross Proceeds of $3,462,600
Pelangio Exploration Increases Size of Previously Announced Private Placement up to $4,500,000
Pelangio Exploration Announces Private Placement for Gross Proceeds up to $4,000,000
Pelangio Exploration Inc. Files NI 43-101 Technical Report for the Mineral Resource Estimate Update on Its Manfo Project and Provides Exploration Update
Pelangio Exploration Inc. Announces an Updated Mineral Resource Estimate for Its Manfo Gold Project, Ghana
Pelangio Exploration Announces Drone Survey Underway at Manfo and Nkosuo
Pelangio Exploration Reports Results of Annual General and Special Meeting
Pelangio Exploration Provides Exploration and Corporate Update