/EINPresswire.com/ -- TORONTO, ONTARIO--(Marketwired - Jun 22, 2017) - Pelangio Exploration Inc. (TSX VENTURE:PX)(OTC PINK:PGXPF) ("Pelangio" or the "Company") announces that the Board of Directors has approved the grant of 200,000 incentive stock options to a director of the Company, which options are exercisable into common shares of the Company at a price of $0.05 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 June 16, 2022.

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

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