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Pegasus Resources ( (TSE:PEGA) ) has issued an announcement.
Pegasus Resources Inc. has completed the sale of its Icefield Property in British Columbia to Ashley Gold Corp., receiving 6,000,000 common shares of Ashley Gold as part of the agreement, with an additional 2,000,000 shares to be issued upon Ashley obtaining drill permits. Noah Komavli, a director of Pegasus, has joined Ashley’s Board of Directors, ensuring strategic oversight. Additionally, Pegasus has granted stock options to its directors, officers, and consultants, highlighting its focus on incentivizing key personnel. This transaction and strategic appointments are expected to enhance Pegasus’s operational focus and industry positioning.
More about Pegasus Resources
Pegasus Resources Inc. is a Canadian uranium exploration company focused on advancing high-potential projects in the United States. The company’s flagship asset is the Jupiter Uranium Project in Utah, which is a drill-ready property positioned for resource expansion. Pegasus is committed to strengthening domestic uranium supply and is strategically developing its portfolio to capitalize on the growing demand for nuclear energy.
Average Trading Volume: 66,531
Technical Sentiment Signal: Sell
Current Market Cap: C$2.08M
For an in-depth examination of PEGA stock, go to TipRanks’ Stock Analysis page.