Pelangio Exploration Secures $500K in Final Placement

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

Pelangio Exploration Inc. has successfully completed the second phase of its private placement, raising a total of $500,000. The funds will bolster the company’s working capital and support general corporate activities, including land maintenance. The placement included issuing units comprised of shares and warrants, with some participation from company insiders.

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