Pelangio Exploration Reports Results of Annual Meeting of Shareholders

Pelangio Exploration Reports Results of Annual Meeting of Shareholders
  
 

TORONTO, ONTARIO--(Marketwired - May 13, 2014) - Pelangio Exploration Inc. (TSX-VENTURE:PX)(OTCQB:PGXPF) ("Pelangio" or the "Company") is pleased to announce that all proposed resolutions were approved by the Shareholders on Friday, May 9, 2014 including the election of directors of the Company at the Company's Annual Meeting, as follows:

Directors	Votes in Favour	% in Favour	Votes Withheld	% Withheld
Peter Crossgrove	75,493,448	99.77	170,917	0.23
Thor Eaton	75,504,748	99.79	159,617	0.21
Ingrid Hibbard	75,482,748	99.76	181,617	0.24
David Mosher	75,444,748	99.71	219,617	0.29
Carl Nurmi	75,486,748	99.77	177,617	0.23
Philip Olson	75,504,748	99.79	159,617	0.21
Ian Shaw	75,482,448	99.76	181,917	0.24
Appointment of Auditors	81,561,700	99.56	359,841	0.44
Remuneration of Auditors	81,548,133	99.54	373,409	0.46

About Pelangio Pelangio successfully acquires and explores camp-sized land packages in world-class gold belts, while using innovative corporate restructuring to maximize shareholder value. The Company primarily operates in Ghana, West Africa, an English-speaking, common law jurisdiction that is consistently ranked amongst the most favourable mining jurisdictions in Africa. The Company is exploring three 100%-owned camp-sized properties: the 100 km2 Manfo Property, the site of seven recent near-surface gold discoveries, the 264 km2 Obuasi Property, located four kilometres on strike and adjacent to AngloGold Ashanti's prolific, high-grade Obuasi Mine, which has produced over 30 million ounces of gold since 1897, and the early-stage 159 km2 Akroma Property.

For additional information, please visit our website at www.pelangio.com, follow us on Twitter @PelangioEx.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Pelangio Exploration Inc.Ingrid HibbardPresident & CEO905-875-3828Toll-free: [e-mail] Exploration Inc.Warren BatesSenior Vice President Exploration905-875-3828Toll-free: [e-mail]