Pegasus Resources Inc. is pleased to announce the acquisition of the Pine Channel Uranium Property in the prolific Athabasca Basin of northern Saskatchewan. The property encompasses 6,028 ha in six mineral claims situated at the northern most edge of the Athabasca Basin, about 40 km due west of the community of Stony Rapids, Saskatchewan. It is accessible via trails and winter road which lead from Stony Rapids, cross the [...]
Pegasus Resources Inc. is pleased to report that it is reviewing a number of uranium assets located in and near the prolific Athabasca Basin of Northern Saskatchewan. Charles Desjardins, CEO of Pegasus notes "In recent weeks the spot price of uranium has improved dramatically, providing impetus for the evaluation of a number of assets the company either previously examined prior to the sale of its last uranium assets to [...]
Pegasus Resources Inc. is pleased to report the commencement of work at its high priority gold and copper Golden project in British Columbia. 2021 Proposed work at Golden Project: At the Golden Project in southeastern BC, crews have started a follow-up mapping and sampling program which will be followed by a small diameter backpack drill-program. The 2020 work reported by the Company at the three claim blocks which [...]
Pegasus Resources Inc. reports on upcoming and ongoing activities on two of its high priority gold and copper projects in Nevada and BC. 2021 Proposed work at Millionara: A recently completed hyperspectral remote-sensing survey on the Millionara Property has identified several high-priority target areas on the property that appear to share many spectral signal similarities with the nearby Jerritt Canyon Mine and other [...]
Pegasus Resources Inc. is pleased to announce that further to its press release dated May 14, 2021, the Company has closed its non-brokered private placement. The Company issued 9,845,000 units at a price of $0.05 per Unit for aggregate gross proceeds of $492,250. Each Unit is comprised of one common share and one transferable common share purchase warrant of the Company . Each whole Warrant will entitle the holder to [...]
Pegasus Resources Inc. reports on upcoming and ongoing activities on its Millionara Property located 112 kilometres north of Elko, Nevada, and is considered an intermediate stage exploration project within the regional Independence Gold Trend. The Property consists of 33 unpatented federal lode claims covering approximately 630 acres . Pegasus has the option to earn 100% of the Property through an option agreement dated [...]
Pegasus Resources Inc. is pleased to announce that the Company has arranged a non-brokerage private placement of up to 10,000,000 units of the Company at a price of CDN$0.05 per Unit to raise gross proceeds of up to CDN$500,000 . Each Unit consists of one common share of the Company and one share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of $0.10 for a period of [...]
Pegasus Resources Inc. OTC/Pink Sheet symbol is pleased to announce that the Company has arranged a non-brokerage private placement of up to 10,000,000 units of the Company at a price of CDN$0.05 per Unit to raise gross proceeds of up to CDN$500,000 . Each Unit consists of one common share of the Company and one share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of [...]
Pegasus Resources Inc. announces that the Company has settled an outstanding indebtedness with a creditor through the issuance of common shares of the Company, which was approved by the TSX Venture Exchange. Pursuant to the Shares for Debt Settlement, the Company has issued a total of 400,000 common shares of Pegasus at a deemed price of $0.05 per share in satisfaction of an outstanding amount of $20,000. The common [...]
OTC/Pink Sheet symbol announces that the Company has settled an outstanding indebtedness with a creditor through the issuance of common shares of the Company, which was approved by the TSX Venture Exchange. Pursuant to the Shares for Debt Settlement, the Company has issued a total of 400,000 common shares of Pegasus at a deemed price of $0.05 per share in satisfaction of an outstanding amount of $20,000. The common [...]
Pegasus Resources Inc. is pleased to announce that Mike England has been appointed a director of the Company, replacing Glen MacDonald, who has resigned as a director of the Company. The Company wishes to thank Mr. MacDonald for his services to the Company. Mr. England has been involved in the public markets since 1983, beginning his career working at the Vancouver Stock Exchange as a floor trader. Since 1995, Mr. England [...]
Peloton Minerals Corp. has closed a private placement totaling CDN$200,100 and consisting of 2,668,000 units priced at CDN$0.075 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.125. The Private Placement was subject to a finder's fee payable to an arms length party. The finder's fee consisted of $16,008 in cash and 213,440 brokers warrants with each [...]