Business
Pelangio Exploration Engages Integral Wealth Securities Limited to Provide Capital Market Advisory Services
TORONTO, ON / ACCESSWIRE / May 24, 2019 / Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF...
About this update from Pelangio Exploration Inc.
[{"type":"text","content":"Pelangio Exploration Engages Integral Wealth Securities Limited to Provide Capital Market Advisory ServicesTORONTO, ON / ACCESSWIRE / May 24, 2019 / Pelangio Exploration Inc. (PX:TSX-V; OTC PINK:PGXPF) (\"Pelangio\" or the \"Company\")is pleased to announce that it has engaged Integral Wealth Securities Limited (\"Integral\") to provide capital market advisory services (collectively, the \"Services\"). This engagement is subject to regulatory approval and will be provided in accordance with TSX Venture Exchange (\"TSXV\") policies and guidelines and other applicable legislation.Integral will trade securities of Pelangio on the TSXV in order to assist in maintaining the active and orderly trading of Company securities. For these Services, Pelangio will pay Integral a monthly cash fee of $5,500 for an initial term of three months effective May 22, 2019. Following the initial term, Pelangio may terminate the agreement on 30 days' notice, otherwise, the term will be in place for a total of 12 months.Integral receives no shares or options as compensation. Integral and its clients may have or acquire a direct interest in Pelangio securities. Integral and Pelangio share no relation nor affiliation. Integral is a member of the Investment Industry Regulatory Organization of Canada (\"IIROC\") and can access all Canadian Stock Exchange and Alternative Trading Systems. Integral will provide the capital and securities required for any trade undertaken by Integral as principal. Integral Wealth Securities Limited is a national, independent investment dealer that provides investment banking services, capital markets services, and wealth management services. Founded in 2003, the firm has established capabilities in market making, energy banking, and private debt / equity.It is headquartered in Toronto with multiple offices across Canada.About Pelangio Pelangio acquires and explores large land packages in world-class gold belts in Canada and Ghana, West Africa. In Canada, the Company is focusing on the Dome West property located 800 metres from the Dome Mine in Timmins, the 25 km2Birch Lake Property 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 recent near-s...