Tillkännagivande • Mar 06
Pegasus Resources Inc., Annual General Meeting, Apr 29, 2026 Pegasus Resources Inc., Annual General Meeting, Apr 29, 2026. Location: suite 1200, 750 west pender street, british columbia, v6c 2t8, vancouver Canada Tillkännagivande • Dec 02
Urano Energy Corp. (OTCPK:UECX.F) entered into a binding letter agreement to acquire Pegasus Resources Inc. (TSXV:PEGA) for CAD 2.5 million. Urano Energy Corp. (OTCPK:UECX.F) entered into a binding letter agreement to acquire Pegasus Resources Inc. (TSXV:PEGA) for CAD 2.5 million on December 1, 2025. Pursuant to the Letter Agreement, Urano will on closing of the Proposed Transaction acquire all of the issued and outstanding Pegasus common shares from the Pegasus shareholders in exchange for units of Urano on the basis of for 0.7 Urano Units for every one (1) Pegasus Share (the "Exchange Ratio").
The transaction is subject to approval by regulatory board / committee, approval of offer by target shareholders, consummation of due diligence investigation and definitive agreement. Tillkännagivande • Oct 30
Pegasus Resources Inc. Announces Noah Komavli Resigns as Member of its Board of Directors, Effective 29 October 2025 Pegasus Resources Inc. announced that Noah Komavli has resigned as a member of the Board of Directors, effective 29 October 2025. Following this change, the Board of Directors will consist of three directors. Tillkännagivande • Aug 22
Pegasus Resources Inc. announced that it has received CAD 0.25008 million in funding Pegasus Resources Inc. announced a non-brokered private placement to issue 4,168,000 units at an issue price of CAD 0.06 for gross proceeds of CAD 250,080 on August 21, 2025. Each unit consists of one common share of the company and one-half of one transferable common share purchase warrant. Each warrant will entitle the holder to acquire one additional share of the company at an exercise price of CAD 0.08 until August 21, 2027. The company paid no finders' fees on this offering. All securities issued under the offering will be subject to a statutory hold period expiring December 22, 2025, in accordance with applicable securities laws. Insiders of the company, being Noah Komavli, Christian Timmins and Point A Pierre Capital Ltd. participated in the offering and have acquired 893,000 units for CAD 53,580 in connection with the offering. The offering is subject to final approval of the TSXV and all other necessary regulatory approvals. Tillkännagivande • May 14
Ashley Gold Corp. (CNSX:ASHL) completed the acquisition of Icefield Property, located in British Columbia from Pegasus Resources Inc. (TSXV:PEGA). Ashley Gold Corp. (CNSX:ASHL) entered into a purchase and sale agreement to acquire Icefield Property, located in British Columbia from Pegasus Resources Inc. (TSXV:PEGA) for CAD 0.76 million on March 19, 2025. In accordance with the terms of the Agreement, Pegasus will receive 8 million common shares of Ashley Gold as follows: i. 6 million Shares of Ashley Gold upon signing the Agreement, subject to Ashley Gold’s filing requirements with the Canadian Securities Exchange. All 6 million Shares have the usual statutory four month and a day hold period, plus agreed contractual hold periods as follows: a. 2 million Shares with a contractual restriction of four months from the date of issuance; b. 2 million Shares with a contractual restriction of eight months from the date of issuance; c. 2 million Shares with a contractual restriction of twelve months from the date of issuance; and ii. 2 million Shares within 60 days of receiving drill permits for the Property. As of April 17, 2025 the transaction is conditionally approved by TSX Venture Exchange.
Ashley Gold Corp. (CNSX:ASHL) completed the acquisition of Icefield Property, located in British Columbia from Pegasus Resources Inc. (TSXV:PEGA) on May 13, 2025. Tillkännagivande • Mar 13
Pegasus Resources Inc. announced that it has received CAD 0.340354 million in funding On March 12, 2025 Company has amended the terms and closed the transaction. It has issued 5,672,567 units at a price of CAD 0.06 per for gross proceeds CAD 340,354.02. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.12 per Common Share for a period of two years from the closing date of the Offering. Tillkännagivande • Feb 28
Pegasus Resources Inc. announced that it expects to receive CAD 0.375 million in funding Pegasus Resources Inc. announced a non-brokered private placement to issue 6,250,000 units at an issue price of CAD 0.06 per Unit for gross proceeds of CAD 375,000 on February 27, 2025. Each Unit consists of one Common Share and one full Common Share purchase warrant. Each Warrant entitles the holder thereof to acquire one Common Share at a price of CAD 0.12 per Common Share for a period of 2 years from the closing date of the Offering. The Common Shares, Warrants and Common Shares underlying the Warrants from the Offering will be subject to a four-month-and-one-day statutory hold period from the date of issuance. Closing of the Offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange (“TSXV”). The Company may pay finder’s fees as permitted by TSXV and applicable securities laws. Closing of the Offering is expected to occur on or about March 07, 2025. Tillkännagivande • Nov 16
Pegasus Resources Inc. announced that it has received CAD 0.87112 million in funding On November 15, 2024, the company has closed the transaction. The company has issued 1,396,750 units for gross proceeds of CAD 223,480 in the final tranche. The company has issued an aggregate total of 5,444,500 units at an issue price of CAD 0.16 for aggregate gross proceeds of CAD 871,120. In the second tranche, Pegasus' Director Noah Komavli subscribed for 200,000 Units, and CEO Christian Timmins subscribed for 75,000 units. Insiders participated in both tranches, acquiring a total of 450,000 units, with an overall investment amounting to CAD 72,000. Finders’ fees of CAD 17,962 in cash and 112,263 finders’ warrants were paid to arm’s length parties New Risk • Nov 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.2m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.12m market cap, or US$3.39m). New Risk • Sep 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (79% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€3.31m market cap, or US$3.70m). Tillkännagivande • Jul 22
Pegasus Resources Inc. announced that it expects to receive CAD 1.5 million in funding Pegasus Resources Inc. announced a non-brokered private placement of up to 9,375,000 units at a price of CAD 0.16 per unit for gross proceeds of up to CAD 1,500,000 on July 22, 2024. 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 CAD 0.20 per common share for a period of 2 years from the closing date of the offering. The common shares, share purchase warrants and shares underlying the share purchase warrants from the offering will be subject to a four-month-and-one-day statutory hold period from the date of issuance. The closing of the offering remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange. The company may pay finder’s fees as permitted by TSXV and applicable securities laws. The closing of the offering is expected to occur on or about August 21, 2024. Tillkännagivande • Jul 11
Pegasus Resources Inc. (TSXV:PEGA) agreed to acquire Jupiter Project from KD Prospect for $0.37 million. Pegasus Resources Inc. (TSXV:PEGA) agreed to acquire Jupiter Project from KD Prospect for $0.37 million on July 3, 2024. A cash consideration of $0.03 million will be paid by Pegasus Resources Inc. The consideration consists of 2.2 million shares of Pegasus Resources and $0.025 million in cash. Pegasus Resources Inc. will pay a payment of $0.075 million subject to TSX Venture Exchange approval. Tillkännagivande • Jun 05
Pegasus Resources Inc. Reports Historical Utah Data Pegasus Resources Inc. retained Dahrouge Geological Consulting USA Ltd. to complete a preliminary geological model based on detailed geological mapping and sampling completed on the Company's Energyands project located in Utah in First Quarter 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 paleochannel structures controlling the uranium and vanadium mineralization present on the Property. Dahrouge used this collected data in conjunction with the 2015 Utah Geological Survey regional map and stratigraphic column (Doelling et al., 2015) as a reference framework to build a preliminary geological model to support Pegasus' permitting efforts for the planned upcoming drill program in 2024. The generation of the geological model was a crucial step in understanding the Property's geology and mineralization. This preliminary geological model was then used as a basis to define drill targets for the planned drill program and support and submittal of a Notice of Intent to the Bureau of Land Management ("BLM") Price, Utah Field Office. As part of the Notice of Intent submittal, all surface disturbances (access roads, drill pads, etc.) must be defined and presented to the BLM. During the generation of the geological model and a Notice of Intent filing, Pegasus was provided with historical drilling data completed on the Property in 1975. This data was inclusive of a drillhole location map, geological logs, downhole geophysical surveys (presented in counts per minute "CPM") and interval analytical values for uranium and vanadium from eleven (11) drillholes. Dahrouge completed a data compilation and review of the geological logs and drilling location map to evaluate their consistency to what was observed in the field during the mapping campaign. The drillhole map was then georeferenced based on available data, such asography and state plain section corner, to determine relative historical drillhole locations. The historical drillholes have been overlain on the preliminary geological model to evaluate consistency of the historical logs to the detailed mapping completed during First Quarter 2024. In reviewing the historical drillhole data and geologic interpretations, Dahrouge surmised that the historic drill program was following a trend that was interpreted as paleochannel hosting mineralization. This trendmatches the structural measurements and mineralization trend hypothesis from Dahrouge's recent mapping program, helping to target possible mineral-hosting paleochannel extending throughout the Property. This historic data provides key geological information and when combined with data collected from surface mapping and sampling, guides the generation of the preliminary geological model and drillhole targeting. New Risk • Apr 26
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$696k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$696k free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 15% per year over the past 5 years. Shareholders have been substantially diluted in the past year (83% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.57m market cap, or US$2.74m). Tillkännagivande • Apr 21
Pegasus Resources Inc., Annual General Meeting, Jun 18, 2024 Pegasus Resources Inc., Annual General Meeting, Jun 18, 2024. Location: 700 - 838 West Hastings St. Vanocuver British Columbia Canada Board Change • Apr 18
No independent directors There are 4 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 4 new directors. 2 experienced directors. 1 highly experienced director. No independent directors (4 non-independent directors). CFO & Director Dave Bissoondatt is the most experienced director on the board, commencing their role in 2011. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of experienced directors. Tillkännagivande • Feb 02
Pegasus Resources Inc. Announces Board Changes Pegasus Resources Inc. announced 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 President to over 20 publicly traded companies. His work over the last three decades has been on six continents, specializing in remote locations, instituting quality assurance programs, provision of on the ground geological technical execution and know-how, and expertise for both private and publicly traded resource companies. He has extensive practice in the areas of corporate governance, current regulatory regimes, compliance, and disclosure matters (NI 43-101). Mr. Strickland's international exposure encompasses a range of commodities, including base metals, gold, uranium, diamonds, potash and copper in numerous deposit types and settings, with an eye to other specialty minerals and unique opportunities. Mr. Strickland's diverse experience makes him an asset in all geological and cultural settings. Mr. Strickland's extensive network and industry engagement has seen him elected as a past director of both the Prospectors & Developers Association of Canada (PDAC) and the Association for Mineral Exploration B.C. (AME). Pegasus Resources also announced the resignation of Mr. Lorne McCarthy from the Board of Directors. Tillkännagivande • Jan 31
Pegasus Resources Inc. Samples 7800PPM Uranium at Energy Sands Utah Pegasus Resources Inc. announced the successful completion of a comprehensive geological mapping and sampling program on its past-producing Energy Sands property in Utah. For this initiative, the Company collaborated with Dahrouge Geological Consulting USA Ltd. ("Dahrouge") to conduct a thorough assessment, significantly enhancing its understanding of the property's potential. A total of 41 samples were diligently collected over the 13-day program and have been submitted to SGS Laboratories Services for further detailed analysis. Utilizing the RS-125 handheld spectrometer, Pegasus identified notable samples from prospector outcrops, tailings, outcrops, and historical adits. ESRS24-037 displayed a remarkable 7800 ppm reading, indicating substantial mineralization. Completing the geological mapping and sampling program is crucial in advancing Pegasus' exploration efforts. It provides valuable insights into the mineral-rich potential of the Energy Sands property. The Company remains committed to leveraging this data for informed decision-making as it continues to pursue sustainable resource development. Tillkännagivande • Jan 17
Pegasus Resources Inc. Commences Ground Program on Its Uranium Property Energy Sands, Utah Pegasus Resources Inc. announced the commencement of a geological mapping and sampling program on its past-producing Energy Sands property in Utah. The Company has engaged Dahrouge Geological Consulting USA Ltd. ("Dahrouge") to conduct a thorough assessment to advance understanding of the property's potential. Pegasus will compile the data gathered during this program to inform and facilitate the application process for all applicable permits, with the goal of commencing a drill program at Energy Sands in 2024. This strategic initiative underscores commitment to responsible exploration and the systematic development of mineral assets. Pegasus and the Dahrouge team have completed a desktop review, and the ground crew has deployed to the site, operating from January 15 to January 29, 2024. Geological Mapping & Sampling: Detailed mapping and lithologic confirmation of favourable units for sediment-hosted uranium. Collection samples for geochemical analysis. Samples described, photographed, sealed, and sent to lab for analysis. Evaluation of access and identification of idealized areas for planned drilling in Q2/Q3 of 2024. Provision of daily progress updates Reporting: Generation of a comprehensive field report covering access details, local geology, samples collected, analytical results, drilling targets & access, and recommendations. Mapping the contacts and sampling within the Salt Wash Member (Jms). Taking structural measurements. Sampling in-situ mineralization and old workings. Identification of potential mineralization within the Brushy Basin Member (Jmb) and Salt Wash Member (Jms) with the Morrison Formation. Mapping Brushy Basin Member (Jmb) and other units to the east. Defining contacts and taking structural measurements. Identifying potential drill locations. Imaging potential pad locations. This program marks a significant step in advancing exploration efforts, aiming to unlock the full potential of mineral assets. Pegasus Resources remains committed to diligent and strategic exploration, with a focus on sustainable resource development. Tillkännagivande • Dec 29
Pegasus Resources Inc. announced that it has received CAD 0.65914 million in funding On December 28, 2023, Pegasus Resources Inc. closed the transaction. The company issued 2,875,875 non-flow-through units for gross proceeds of CAD 460,140; and 995,000 flow-through units for gross proceeds of CAD 199,000; for aggregate gross proceeds of CAD 659,140. The transaction included participation from Noah Komavli for CAD 3,000. The company paid finders' fees of CAD 28,665 in cash plus CAD 7,350 administration fees and 163,931 broker warrants were paid to arm's length parties. Tillkännagivande • Dec 07
Pegasus Resources Inc. Samples Up to 4.7 g/t Au and Identifies New Gold Bearing Quartz Vein at Punch Bowl Property Pegasus Resources Inc. announced the analytical results from its 2023 ground exploration program at the Punch Bowl Property, Golden Project in east-central British Columbia. Exploration Highlights: Abbreviated late fall reconnaissance program included 25 rock samples, with seven (7) having returned greater than 0.13 g/t Au; Three samples returned values of 4.70 g/t Au, 3.87 g/t Au and 1.61 g/t Au; The 2023 samples extended mineralization of the gold bearing quartz vein set to approximately 200 m along strike; Located previously unsampled mineralized quartz vein(s) on McGilvary Ridge. A late fall exploration program was carried out at the company's Punch Bowl Property on October 6th and 7th, 2023, with a total of 25 grab samples collected. Due to the unprecedented Forest Fire activity across Canada in 2023, the company was limited to an abbreviated exploration program which had been scheduled for earlier in the field season. Samples targeted pyrite-bearing quartz veins within northwest-southeast trending recessive phyllitic lenses that have historically returned elevated gold values of up to 573.7 g/t Au (Shaw, 1989). Overall, the program was successful in extending mineralization along strike of known auriferous veins, in addition to locating a previously unsampled mineralized quartz vein. The Golden Project is comprised of three distinct claim groups, from south to North: Gold Mountain, Vertebrae Ridge and Punch Bowl. The Punch Bowl Property consists of three mineral claims totaling 3,079 ha and is approximately 90 km NW of the company's Gold Mountain Property and 140 km NW of Golden, BC. The property surrounds the historic Punch Bowl Showing, where discrete gold in quartz veins are hosted within quartzites and pelites of the Early Cambrian McNaughton Formation. The Vertebrae Ridge property is comprised of four claims encompassing about 5,324 ha (13,156 acres) roughly 81 kilometers northwest of Golden, BC. During August 2021 ground exploration resulted in the extension of known polymetallic mineralization trends, the confirmation of significant mineralization continuity at historically sampled locations, and the discovery of the Canon Cu-Au Zone. The Company believes the newly discovered Canon Zone may be related to a large oval, alkaline intrusion located a short distance west of the mineralized area. The Gold Mountain Property is an early-stage gold/silver property located approximately 50 km NW of Golden, BC, just north of Highway 1. The property comprises two mineral claims encompassing 802 ha and covering the historic Grizzly Occurrence, which consists of gold and silver mineralization within polymetallic quartz/carbonate veins. All samples were collected in the field using a hammer and chisel. Locations were obtained using a handheld GPS or tablet, with samples placed in pre-labelled sample bags. Metal tags with the sample numbers and flagging tape were left at each sample location. A Quality Assurance/Quality Control protocol was incorporated into the program and included the insertion of silica blanks at a rate of approximately 15%. Samples were transported to SGS Canada's laboratory in Burnaby, BC, for standard sample preparation (code PRP89), which includes drying at 105°C, crushing to 75% passing 2mm, riffle splitting 250 g, and pulverizing to 85% passing 75 microns. They were analyzed for multi-element (code GE_ARM3V25) and Au by fire assay (code GE_FAA30V5). Management cautions that prospecting surface rock samples and associated assays, as discussed herein, are selective by nature and represent a point location and, therefore, may not necessarily be fully representative of the mineralized horizon sampled. Tillkännagivande • Oct 13
Pegasus Resources Inc. Receives Drilling Permit for Pine Channel Pegasus Resources Inc. announced the receipt of the Pine Channel Mineral Exploration Permit for Diamond Drilling from the Saskatchewan Ministry of Environment for the upcoming exploration program at its Pine Channel Uranium Project, situated in the Athabasca Basin region of northern Saskatchewan. This pivotal step sets the stage for maiden drill program at Pine Channel. These permits, including Crown Land Work Authorization, Forest Product Permit, and Aquatic Habitat Protection Permit, come with a set of conditions that aim to address concerns voiced by local First Nations communities. These conditions cover various aspects, including caribou protection, specific site locations, and impacts on traditional land users. The approved permits enable to carry out essential work, including the clearance of up to six land drill holes with pads not exceeding 400m2 in size. The Pine Channel Uranium property holds immense promise, featuring shallow depths to the basement from the surface, historical exploration identifying conductive trends, and drilling that discovered anomalous uranium. Previous work involved a ground radon and ground gravity survey. These methods have proven successful in identifying exploration targets that have led to significant uranium discoveries around the Athabasca Basin. New Risk • Sep 11
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 55% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (21% average weekly change). Earnings have declined by 40% per year over the past 5 years. Shareholders have been substantially diluted in the past year (55% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (€2.12m market cap, or US$2.27m). Tillkännagivande • Sep 08
Pegasus Resources Inc. announced that it has received CAD 0.3 million in funding On September 7, 2023, Pegasus Resources Inc., closed the transaction. The company issued 2,477,500 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 198,200. The transaction included participation from Noah Komavli, a Director of the company for CAD 29,840.As a part of the transaction, the company will pay finders’ fees of CAD 4,340 in cash and 54,250 broker warrants.
The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 30 placees including existing insider involvement of two insiders for 648,000. Tillkännagivande • May 06
Pegasus Resources Inc. announced that it expects to receive CAD 0.3 million in funding Pegasus Resources Inc. announced a non-brokered flow through private placement of up to 3,750,000 units at an issue price of CAD 0.08 per unit for gross proceeds of up to CAD 300,000 on May 5, 2023. Each unit consists of one common share and one common share purchase warrant, entitling the holder to acquire an additional common share of the Company at a price of CAD 0.12 for a period of 24 months from the date of issuance. The common shares, share purchase warrants and shares underlying the share purchase warrants will be subject to a four-month-and-one-day statutory hold period from the date of issuance. Closing of the transaction remains subject to the receipt of all regulatory approvals, including the approval of the TSX Venture Exchange. Board Change • Feb 07
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 2 non-independent directors. Independent Director Lorne McCarthy was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Dec 23
Pegasus Resources Inc., Annual General Meeting, Feb 21, 2023 Pegasus Resources Inc., Annual General Meeting, Feb 21, 2023. Board Change • Nov 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 4 non-independent directors. President & Director Chris Timmins was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 3 non-independent directors. Director Lorne McCarthy was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.