Pelangio Exploration welcomes James Hannon and Al Gourley to its Board of Directors

– CANADA, Toronto –  Pelangio Exploration Inc. (TSX: PX | OTC: PGXPF) today announced the appointment of James Hannon and Al Gourley to its Board of Directors effective immediately.

“We are very pleased to welcome both James and Al to Pelangio’s Board of Directors. They bring a wealth of knowledge and experience in the resource and finance sectors and will be of great asset to Pelangio as we advance our projects and Company.” said CEO, Ingrid Hibbard.

Ms. Hibbard added, “We also wish to thank Mr. David Paxton, for his focussed input and direction to the Company. David is stepping down from the Board due to other commitments, however, we are pleased that he will continue to contribute to our success as a member of our Advisory Committee. We also wish to thank, with gratitude, the immense contributions made by Mr. Carl Nurmi, who has stood as an independent director of the Company for 12 years, and Chairman since February 27, 2008.”

About Al Gourley

Al Gourley is the London Managing Partner of Fasken Martineau, an international law firm, where his practice focuses on finance and asset transactions in the natural resource industry. Mr. Gourley has served as a director of several TSX, TSX-V and AIM-listed mining and mineral exploration companies, including a company that discovered the Ahafo Mine in Ghana before being acquired by Newmont. Al has direct mining industry experience having worked for the Noranda Group (1992 to 1995) and having served as CEO of an AIM-listed industrial mineral producer (2011 to 2012). Mr. Gourley is a member of the Solicitors Regulatory Authority, a member of the Ontario Law Society and Chairman of the Board of the World Association of Mining Lawyers, whose Advisory Council he led from the date of its formation in 2014 until 2018. Mr. Gourley holds a BBA from the Schulich School of Business and an LL.B from the University of Ottawa.

About James Hannon

James Hannon has an extensive range of financial and corporate finance advisory experience ranging from private company mandates and private equity transactions to international IPOs and secondary fundraisings on AIM, the Official list of the London Stock Exchange, the TSX and ASX, as well as private and City Code M&A transactions. James is a Director of Eurocap Financial Limited, established to provide consulting services including fundraising and growth strategy, M&A, corporate finance and other advisory activities including forecast and valuation modeling, governance, management and legal aspects, due diligence processes, valuation, financial structuring, international accounting and taxation issues. His corporate finance experience is formerly of international natural resources broking and financial advisory firms such as GMP Securities Europe LLP, where he was a Partner; Haywood Securities Ltd; and he has previously worked for Price Waterhouse, Old Mutual Securities and Grant Thornton. James is a Chartered Accountant holding an MBA as well as a French Masters in Business Science obtained at the Université de Caen, France.

About Pelangio

Pelangio acquires and explores land packages in world-class gold belts in Canada and Ghana, West Africa. In Canada, the Company is focusing on the 6.7 km2 Grenfell property located approximately 10 km from the Macassa Mine in Kirkland Lake, the Dome West property located 800 meters from the Dome Mine in Timmins, the 34 km2 Birch Lake and Birch Lake West properties located in the Red Lake Mining District and the Dalton Property located 1.5 km from the Hollinger Mine in Timmins. In Ghana, the Company is focusing on two 100% owned camp-sized properties: the 100 km2 Manfo Property, the site of seven near-surface gold discoveries, and the 284 km2 Obuasi Property, located 4 km on strike and adjacent to AngloGold Ashanti’s prolific high-grade Obuasi Mine. Ghana is an English speaking, common law jurisdiction that is consistently ranked amongst the most favorable mining jurisdictions in Africa.

For more information: https://www.pelangio.com/

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Talent4Boards Team

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