Pelangio Exploration Completes Final Tranche of Previously Announced Private Placement for Total Aggregate Gross Proceeds of $2,211,700 and Provides Exploration Update torontotelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torontotelegraph.com Daily Mail and Mail on Sunday newspapers.
Pelangio Exploration Inc.: Pelangio Exploration Completes Final Tranche of Previously Announced Private Placement for Total Aggregate Gross Proceeds of $2,211,700 and Provides Exploration Update
TORONTO, ON / ACCESSWIRE / December 10, 2020 /
Pelangio Exploration Inc. (TSXV:PX)(OTC PINK:PGXPF) ( Pelangio or the Company ) is pleased to announce that it has closed the final tranche of the non-brokered private placement previously announced on November 16, 2020 and November 24, 2020, and December 3, 2020 (the
Offering ). In this final tranche, the Company raised aggregate gross proceeds of $970,800 (the
Final Tranche ) by issuing 6,650,000 hard dollar units (the
HD Units ) at a price of $0.13 per HD Unit and 625,294 common shares of the Company issued on a flow-through basis (the