Pegasus Resources Secures Key Uranium Asset with Successful Private Placement

Pegasus Resources (SLTFF) has successfully closed a non-brokered private placement, raising $340,354.02 through the issuance of 5,672,567 units at C$0.06 per unit. Each unit includes one common share and one warrant exercisable at C$0.12 for two years.

The financing will enable Pegasus to secure 75% ownership in the Utah uranium project Jupiter through a final payment. Finders’ fees included $15,076 in cash and 251,272 finders’ warrants exercisable at C$0.06 for two years. Company insiders, including CEO Christian Timmins, Noah Komavli, and Derrick Stickland, participated in the offering, which constituted a related party transaction.

Positive Successful raise of $340,354.02 through private placement

Acquisition of 75% ownership in Jupiter uranium project Insider participation demonstrates management confidence Strategic expansion of uranium asset portfolio Negative Dilutive financing at C$0.06 per unit Related party transaction with insider participation VANCOUVER, BC / ACCESS Newswire / March 12, 2025 / Pegasus Resources Inc. (TSXV: PEGA )(Frankfurt: 0QS0 )(OTC […]

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