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The latest update is out from Pegasus Resources ( (TSE:PEGA) ).
Pegasus Resources Inc. has withdrawn its application to settle approximately $140,000 of debt through the issuance of common shares after the TSX Venture Exchange advised against the proposed settlement structure. This decision requires Pegasus to address the debt through conventional means, which may impact its financial strategy and stakeholder relations.
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, the Jupiter Uranium Project in Utah, is a drill-ready property positioned for resource expansion. Pegasus is strategically developing its portfolio to capitalize on the growing demand for nuclear energy.
Average Trading Volume: 71,793
Technical Sentiment Signal: Hold
Current Market Cap: C$4.45M
For detailed information about PEGA stock, go to TipRanks’ Stock Analysis page.