Pelangio Exploration : THE EXTRACTIVE SECTOR TRANSPARENCY MEASURES ACT (ESTMA) WAS ENACTED BY THE GOVERNMENT OF CANADA ON DECEMBER 16, 2014, AND MADE EFFECTIVE ON JUNE 1, 2015. THE ACT REQUIRES EXTRACTIVE ENTITIES IN CANADA TO PUBLICLY DISCLOSE, ON AN ANNUAL BASIS, SPECIFIC PAYMENTS MADE TO ALL GOVERNMENTS IN CANADA AND ABROAD.
In accordance with the requirements of the ESTMA, and in particular section 9 thereof, I attest I have reviewed the information contained in the ESTMA report for the entity(ies) listed above. Based on my knowledge, and having exercised reasonable diligence, the information in the ESTMA report is true, accurate and complete in all material respects for the purposes of the Act, for the reporting year listed above.
Full Name of Director or Officer of Reporting Entity
Ingrid Hibbard
Date
2023-05-03
Position Title
President and CEO
Reporting Year Reporting Entity Name Reporting Entity ESTMA Identification Number Subsidiary Reporting Entities (if necessary)
Payments relate to mining and prospecting licenses, mineral rights fees and permits. Amounts denominated in Ghanaian Cedis were translated into Canadian Dollars see additional notes.
Additional Notes:
All payments made to the Minerals Commission in Ghana are in United States Dollars. The Company used an average Fx Rate of 1.2108, based on the exchange rates on the dates the payments were made, to convert from US dollars to Canadian dollars. The fees paid covered the 2021 and 2022 years.
Reporting Year Reporting Entity Name Reporting Entity ESTMA Identification Number Subsidiary Reporting Entities (if necessary)
All payments made to the Minerals Commission in Ghana are in United States Dollars. The Company used an average Fx Rate of 1.2108, based on the exchange rates on the dates the payments were made, to convert from US dollars to Canadian dollars. The fees paid covered the 2021 and 2022 years.
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Pelangio Exploration Inc. published this content on 03 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 May 2023 17:35:08 UTC.
Pelangio Exploration Inc. is a Canada-based company, which acquires and explores land packages on strategic gold belts in Ghana, West Africa and Canada. In Ghana, the Company is exploring its two 100% owned camp-sized properties: the 100 square kilometers (km2) Manfo property, the site of seven near-surface gold discoveries, and the 284 km2 Obuasi property, located four kilometers (km) on strike and adjacent to AngloGold Ashantiâs prolific high-grade Obuasi Mine, as well as its Dankran property located adjacent to its Obuasi property. Its Canada projects include Gowan Polymetallic, Dome West, Birch Lake, Grenfell, Kenogaming, Hailstone and others. The Gowan polymetallic project is a 4.3 km2 property located in Gowan Township, 27 km northeast of the City of Timmins, Ontario and 16 km due east of Glencoreâs Kidd Mine Site. Pelangio's Dome West property is located within the main Timmins camp approximately 800 meters west of Newmontâs Dome super pit.
Pelangio Exploration : THE EXTRACTIVE SECTOR TRANSPARENCY MEASURES ACT (ESTMA) WAS ENACTED BY THE GOVERNMENT OF CANADA ON DECEMBER 16, 2014, AND MADE EFFECTIVE ON JUNE 1, 2015. THE ACT REQUIRES EXTRACTIVE ENTITIES IN CANADA TO PUBLICLY DISCLOSE, ON AN ANNUAL BASIS, SPECIFIC PAYMENTS MADE TO ALL GOVERNMENTS IN CANADA AND ABROAD.