Pegasus Resources Secures C$375,000 in Private Placement for Uranium Exploration
Generado por agente de IAHarrison Brooks
jueves, 27 de febrero de 2025, 2:35 pm ET1 min de lectura
JUNS--
Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol: SLTFF) has announced a non-brokered private placement for up to C$375,000, with the proceeds earmarked for the acquisition of the JupiterJUNS-- Uranium Property and general working capital. The Company aims to secure a 75% ownership interest in the Jupiter Project through the final payment, further expanding its uranium exploration portfolio.
The private placement consists of up to 6,250,000 units at a price of C$0.06 per unit, with each unit comprising one common share and one full common share purchase warrant. The warrants will entitle the holder to purchase one common share at a price of C$0.12 per share for a period of 2 years from the closing date of the offering.
The Company plans to use the funds raised from the private placement as follows:
* Final payment on the Jupiter Uranium Property: C$250,000
* General working capital and corporate purposes: C$125,000
The acquisition of the Jupiter Uranium Property, located just 3 km north of the Company's Energy Sands project, positions Pegasus to rapidly advance toward developing a uranium resource estimate. The strategic proximity of the two projects allows the Company to leverage extensive historical data and modern geological techniques to maximize exploration potential.
Pegasus Resources' strategic focus on uranium exploration in the Athabasca Basin and other prospective regions positions it well to capitalize on potential policy shifts under the incoming Trump administration, which could create a more favourable environment for mining and exploration activities. The Company's diversified portfolio of uranium, gold, and base metal properties in North America further enhances its potential for growth and shareholder value creation.
In conclusion, Pegasus Resources' private placement for up to C$375,000 demonstrates the Company's commitment to advancing its uranium exploration initiatives and expanding its mineral property portfolio. The strategic acquisition of the Jupiter Uranium Property and the allocation of funds for general working capital and corporate purposes position the Company to capitalize on potential growth opportunities and create value for shareholders.
Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol: SLTFF) has announced a non-brokered private placement for up to C$375,000, with the proceeds earmarked for the acquisition of the JupiterJUNS-- Uranium Property and general working capital. The Company aims to secure a 75% ownership interest in the Jupiter Project through the final payment, further expanding its uranium exploration portfolio.
The private placement consists of up to 6,250,000 units at a price of C$0.06 per unit, with each unit comprising one common share and one full common share purchase warrant. The warrants will entitle the holder to purchase one common share at a price of C$0.12 per share for a period of 2 years from the closing date of the offering.
The Company plans to use the funds raised from the private placement as follows:
* Final payment on the Jupiter Uranium Property: C$250,000
* General working capital and corporate purposes: C$125,000
The acquisition of the Jupiter Uranium Property, located just 3 km north of the Company's Energy Sands project, positions Pegasus to rapidly advance toward developing a uranium resource estimate. The strategic proximity of the two projects allows the Company to leverage extensive historical data and modern geological techniques to maximize exploration potential.
Pegasus Resources' strategic focus on uranium exploration in the Athabasca Basin and other prospective regions positions it well to capitalize on potential policy shifts under the incoming Trump administration, which could create a more favourable environment for mining and exploration activities. The Company's diversified portfolio of uranium, gold, and base metal properties in North America further enhances its potential for growth and shareholder value creation.
In conclusion, Pegasus Resources' private placement for up to C$375,000 demonstrates the Company's commitment to advancing its uranium exploration initiatives and expanding its mineral property portfolio. The strategic acquisition of the Jupiter Uranium Property and the allocation of funds for general working capital and corporate purposes position the Company to capitalize on potential growth opportunities and create value for shareholders.
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