Pelangio Exploration Inc.
Ghana – Timmins – Red Lake ● World-class Gold belts
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Capitalizing on Brazil’s Growing Demand for Fertilizer

  • Direct Application Natural Fertilizer (DANF) product is in demand in the region
  • Flagship asset, the Bomfim Project, is 100% owned and located in one of the world’s fastest growing agrarian regions
  • Bomfim Processing Plant operating at full capacity
  • On track to produce at least ~100,000 tonnes of DANF in 2015
  • Sales contracts in place for 2015 planting season: 81,100 tonnes for ~C$8.5 million

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Message: Pelangio Grants Options

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Pelangio Grants Options

posted on Jan 19, 12 05:13PM

Pelangio grants options for 1.46 million shares

2012-01-19 17:09 ET - News Release

Ms. Ingrid Hibbard reports

PELANGIO EXPLORATION GRANTS OPTIONS

Pelangio Exploration Inc.'s board of directors has approved the option grant to buy 1,465,000 shares to directors, officers, employees and geological consultants of the company, which options are exercisable into common shares of the company at a price of 43 cents per share. Subject to the rules of the TSX Venture Exchange and the company's stock option plan, the options have a term of five years and will expire on Jan. 18, 2017.

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