Pegasus Resources Inc. is pleased to announce its intention to complete a non-brokered private placement for gross proceeds of up to C$1,500,000 . The Offering will consist of up to 9,375,000 units of the Company at a price of C$0.16 per Unit . Each Unit consists of one Common Share and one-half of one Common Share purchase warrant . Each Warrant entitles the holder thereof to acquire one Common Share at a price of C$0.20 [...]
Key Highlights: Strategic Acquisition and Exploration Progress: The acquisition of the Jupiter Project, located just 3 km north of Energy Sands, completed on July 10, 2024, features over 100 historical drill holes. This positions Pegasus to rapidly advance toward developing a uranium resource estimate and to deepen our understanding of the area's potential. Advancing Geological Understanding: Our 2024 exploration efforts [...]
Pegasus Resources' CEO, Chris Timmins, joined Steve Darling from Proactive to share news that the company has finalized an agreement with KD Prospect to acquire a 100% interest in the Jupiter Project, a strategic uranium project located in Utah. The Jupiter claim group is situated 3 kilometers north of Energy Sands and consists of 48 unpatented claims in sections 10 and 15, Township 21 S, Range 14 E SLPM, Emery County [...]
Pegasus Resources Inc. is pleased to announce that on July 3, 2024 the Company finalized an agreement with KD Prospect to acquire an undivided 100% right, title, and interest in the Jupiter Project , a strategic uranium Project located in Emery County, Utah, USA. This acquisition is subject to the terms and conditions specified in the agreement. "The acquisition of the Jupiter Project, along with our Energy Sands Project [...]
Pegasus Resources Inc. is pleased to announce that all resolutions were passed at the Annual General Meeting held on June 18, 2024. The four nominees to be elected as directors listed in the Company's information circular dated May 14, 2024, were elected as directors of the Company for the ensuing year and the number of directors was fixed at four. Christian Timmins, Dave Bissoondatt, Noah Komavli and Derrick Strickland [...]
Pegasus Resources Inc. is pleased to announce that all resolutions were passed at the Annual General Meeting held on June 18, 2024. The four nominees to be elected as directors listed in the Company's information circular dated May 14, 2024, were elected as directors of the Company for the ensuing year and the number of directors was fixed at four. Christian Timmins, Dave Bissoondatt, Noah Komavli and Derrick Strickland [...]
Pegasus Resources' CEO, Chris Timmins, joined Steve Darling from Proactive to share significant developments in the company's exploration efforts. Timmins announced that Pegasus has engaged Dahrouge Geological Consulting to complete a preliminary geological model based on extensive geological mapping and sampling conducted at the Company's Energy Sands project located in Utah. This collaboration marks a pivotal step in [...]
Pegasus Resources Inc. has retained Dahrouge Geological Consulting USA Ltd. to complete a preliminary geological model based on detailed geological mapping and sampling completed on the Company's Energy Sands project located in Utah in Q1 2024 . The outcome of the ground program provided a detailed geological map inclusive of lithologies, geological structure, mineralization style and controls, along with confirmation of [...]
Pegasus Resources Inc. announces the granting of stock options to certain directors, consultants and officers of the Company to purchase an aggregate of 575,000 common shares of the Company at an exercise price of C$0.19 per share, expiring in three years from the date of grant. The Options were issued pursuant to the terms of the Company's stock option plan and the requirements of the TSX Venture Exchange. About Pegasus [...]
Pegasus Resources Inc. , proudly announces significant findings from its recent sampling program at the past-producing Energy Sands project in Utah. Out of 41 samples collected, 13 have demonstrated uranium grades exceeding 1%, with notable results, including sample ESRS24-016 returning 18.8% U3O8 and sample ESRS24-007 returning 3.5% U3O8. "The remarkable 18.8% U3O8 concentration in sample ESRS24-016 validates the [...]
Pegasus Resources Inc. proudly announces the appointment of Mr. Mike Magrum, P. Eng, to the Company's Advisory Board. Mike Magrum, P.Eng. is a graduate of the Haileybury School of Mines and the University of Alaska with a degree in Geological Engineering. His professional career spans almost 50 years working in most commodities, particularly uranium. The work has carried him across North America, Central America and South [...]
Pegasus Resources Inc. proudly announces the appointment of Mr. Derrick Strickland, P. Geo, MBA, as a new member of the Board of Directors. Derrick Strickland, P. Geo, MBA, has over 35 years of involvement in all aspects of the exploration industry, actively working as a geological and corporate advisor. Mr. Strickland has been self-employed for over 23 years. He is an experienced leader, founder, director, CEO, and Vice [...]