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Pelangio Exploration Reports Results of Annual Meeting of Shareholders

TORONTO, ONTARIO--(Marketwired - May 13, 2014) - Pelangio Exploration Inc. (TSX VENTURE:PX)(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.