Pelangio Exploration Inc (PX) Financings
TSXV: PX · Gold · Advanced Exploration stage
- Market cap$34.1M
- Share price$0.135
- 52-week range$0.110 – $0.310
- Shares outstanding252,238,045
- ExchangeTSXV
- Websitepelangio.com
Pelangio Exploration Inc. is a Canadian mineral exploration company focused on advancing gold projects in Ghana and Canada. The Company's principal asset is the 100% owned Manfo Gold Project in the Sefwi Gold Belt, which hosts a mineral resource and is the focus of ongoing drilling and exploration. In Ghana, Pelangio also holds the Dankran property, where previous work has identified high-grade gold mineralization with potential for follow-up drilling, along with the Obuasi property where early-stage exploration is underway.
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Pelangio Exploration Inc financial statements
Key figures read from 41 of 41 financial statement filings, Nov 18, 2016 to Aug 27, 2026. Each column is the period as the company first filed it.
Balance sheet: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | |
|---|---|---|---|---|---|
| Cash and equivalents | C$4,675,317 | C$225,341 | C$234,350 | C$603,638 | C$714,644 |
| Short-term investments | — | — | — | — | C$362,548 |
| Total current assets | C$5,473,610 | — | C$497,437 | C$1,020,162 | C$1,216,516 |
| Total current liabilities | — | — | C$1,129,847 | C$607,123 | C$700,883 |
| Working capital | — | — | (C$632,410) | C$413,039 | C$515,633 |
| Property, plant and equipment | — | — | C$0 | C$7,617 | C$9,915 |
| Total assets | C$5,528,069 | C$442,980 | C$497,437 | C$1,027,779 | C$1,226,431 |
| Debt | — | — | C$40,000 | C$40,000 | C$40,000 |
| Total liabilities | — | — | C$1,129,847 | C$647,123 | C$740,883 |
| Shareholders' equity | — | — | — | C$380,656 | C$485,548 |
Income statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Exploration and evaluation expense | C$577,434 | C$210,762 | C$758,368 | C$789,605 | C$1,923,308 |
| General and administrative | C$407,702 | C$346,953 | C$233,206 | C$239,511 | C$381,159 |
| Share-based compensation | C$81,432 | C$3,946 | C$24,547 | C$150,436 | C$334,072 |
| Impairments and write-downs | C$118 | — | (C$4,580) | — | — |
| Net income (loss) | (C$886,138) | (C$755,514) | (C$1,387,793) | (C$1,361,847) | (C$2,725,945) |
Cash flow statement: annual key figures
Canadian dollars (C$), figures as printed in the statements. Losses and cash outflows are in brackets.
| FY Dec 2025 | FY Dec 2024 | FY Dec 2023 | FY Dec 2022 | FY Dec 2021 | |
|---|---|---|---|---|---|
| Operating cash flow | (C$2,171,609) | (C$908,216) | (C$708,946) | (C$1,110,140) | (C$2,550,476) |
| Investing cash flow | — | — | C$0 | C$50,615 | C$51,184 |
| Financing cash flow | — | — | C$339,658 | C$948,519 | C$1,116,526 |
| Proceeds from share issues | — | — | C$351,600 | C$1,137,093 | C$362,970 |
| Change in cash | C$4,449,976 | (C$9,009) | (C$369,288) | (C$111,006) | (C$1,382,766) |
| Cash at end of period | C$4,675,317 | C$225,341 | C$234,350 | C$603,638 | C$714,644 |
No financings are on record for Pelangio Exploration Inc yet.