Pelangio Exploration (TSE:PX) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Pelangio Exploration Inc. has partnered with MFD Investment Holdings SA to fast-track the development of the Manfo Project, aiming for production in Ghana’s Sefwi Gold Belt by 2027. The agreement stipulates MFD’s investment of up to $1 million and completion of a Preliminary Economic Assessment to earn a 10% interest in the project. This collaboration is set to expedite the Manfo Project’s progress, leveraging Pelangio’s regional expertise and providing non-dilutive financing to benefit shareholders.
For further insights into TSE:PX stock, check out TipRanks’ Stock Analysis page.
