Pelangio Exploration Inc.TSXV: PX

Small Cap Gold Gainers and Losers for the week by Ubika Research (TSXV: TYP, TSXV: SOH)

· Issued by Pelangio exploration Inc.

Aug. 9, 2010 (Baystreet.ca) --

TORONTO, Canada: Ubika Research has unveiled the list of top five junior gold gainers and top five junior gold losers for the week ending Friday, August 6th, 2010. The top five gainers on average gained 34% and the top five decliners on average lost 17% during the week ending Friday, August 6th, 2010.

The top gainers for the week ending Friday, August 6th 2010 include:

• Pelangio exploration Inc (TSX VENTURE:PX) with a 44% gain

• Typhoon Exploration Inc (TSX VENTURE:TYP) with a 40% gain

The top decliners for the week ending Friday, August 6th 2010 include:

• Soho Resources Corp (TSX VENTURE:SOH) with a 18% decline

• Canuc Resources Corp (TSX VENTURE:CDA) with a 18% decline

To find out the complete list of top five gainers and top five losers in junior small cap gold stocks for the week ending Friday, August 6th 2010 visit: http://www.smallcappower.com/JGoldGainerLooser.aspx

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About Ubika Research

Ubika Research is an investment research and capital market services firm based in Toronto and Vancouver. It provides comprehensive research, communication and capital market exposure program to highlight the investment potential in micro and small cap companies. For more information visit www.ubikaresearch.com

Disclosure

Except for the historical information presented herein, matters discussed in this document contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements.

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For additional information contact:

Vishy Karamadam, Managing Director

Ubika Research

Email: vishy@ubikacorp.com

Phone: 416-647-352-0666