Welcome to our dedicated page for Pegasus Resources news (Ticker: SLTFF), a resource for investors and traders seeking the latest updates and insights on Pegasus Resources stock.
Pegasus Resources Inc. reports developments as a Canadian junior mineral exploration company focused on uranium, gold and base metal properties in North America. Recent company updates center on uranium exploration in the United States, including the Jupiter Uranium Project in Utah and exploration rights covering additional Utah lands through its U.S. subsidiary.
Recurring news themes for SLTFF include mineral property agreements, permitting and exploration work, private-placement financings, share and warrant issuances, debt-settlement and capital-structure matters, shareholder voting items, board composition changes, governance disclosures, and operating and financial results.
Pegasus Resources (OTCQB:SLTFF) announced its Annual General and Special Meeting of Shareholders will be held on April 29, 2026 at 1200 - 750 West Pender Street, Vancouver. The record date for voting is March 20, 2026.
The meeting will include shareholder approval of an arrangement transaction with Aero Energy, and references termination of a prior binding LOI with Urano Energy. TSXV approved an extension allowing the combined meeting and shareholder vote. Full meeting matters will be disclosed in the forthcoming management information circular filed on SEDAR+.
Summary not available.
Pegasus Resources (OTC:SLTFF) announced that its subsidiary executed an Other Business Arrangement (OBA) with the Utah School and Institutional Trust Lands Administration on January 23, 2026 for ~640 acres in Emery County, Utah.
The OBA grants Pegasus exclusive exploration rights for uranium and associated metalliferous minerals for a five-year term, with an option to convert all or parts of the lands to a mineral lease if exploration and payment conditions are met. Annual option payments are US$6.00 per acre. Planned staged exploration includes geophysical surveys, permitting, drilling and technical studies. The arrangement remains subject to regulatory, bonding and reclamation requirements.
Pegasus Resources (OTC:SLTFF) and Urano Energy entered a binding letter agreement dated December 1, 2025 for a proposed business combination whereby Urano will acquire all Pegasus shares.
The deal consolidates Urano's I-70 project with Pegasus’ Energy Sands and Jupiter projects (approx. 3,900 acres) that include historic uranium and vanadium results and authorized drill permits. Exchange terms: 0.7 Urano Units per Pegasus share; post-closing ownership ~86.75% Urano shareholders / 13.25% Pegasus shareholders. Urano Warrants: $0.15 exercise for 18 months. Closing remains subject to definitive agreements, approvals and due diligence.
Pegasus Resources (TSXV:PEGA; OTCID:SLTFF; FSE:OQS2) announced on October 29, 2025 that Noah Komavli resigned from the board of directors effective immediately. Following the resignation, the board will consist of three directors. The company thanked Mr. Komavli for his contributions and service to Pegasus.
Pegasus Resources (OTCID:SLTFF) has successfully closed a non-brokered private placement, raising $250,080 through the issuance of 4,168,000 units at $0.06 per unit. Each unit includes one common share and half of a transferable warrant, with each full warrant exercisable at $0.08 until August 21, 2027.
Company insiders, including Noah Komavli, Christian Timmins, and Point A Pierre Capital Ltd., participated in the offering, acquiring 893,000 units for $53,580. The proceeds will be used for general working capital purposes. Securities issued will be subject to a hold period until December 22, 2025.
Pegasus Resources (OTC:SLTFF) has withdrawn its application for a shares-for-debt settlement that would have converted approximately $140,000 of outstanding debt into common shares. The withdrawal comes after the TSX Venture Exchange denied approval for the proposed settlement structure, despite the debt being legitimate.
The company had initially announced this debt settlement plan on June 11, 2025, but following discussions with the Exchange, which cited a consistent policy position regarding similar transactions, Pegasus will now need to address the outstanding debt through conventional means.
Pegasus Resources Inc. (SLTFF) has successfully completed the disposition of its Icefield Property in British Columbia to Ashley Gold Corp. As part of the agreement, Pegasus received 6,000,000 common shares of Ashley Gold on April 22, 2025, with an additional 2,000,000 shares to be issued within 60 days of Ashley receiving drill permits. Pegasus director Noah Komavli has been appointed to Ashley's Board of Directors. Additionally, Pegasus has granted 725,000 stock options to directors, officers, and consultants, exercisable for three years at $0.08 per share.
Pegasus Resources (TSXV:PEGA, OTC:SLTFF) has received conditional TSXV approval for selling its non-core Icefield Property in British Columbia to Ashley Gold Corp. The transaction involves 8 million Ashley common shares as consideration, structured as:
- 6 million shares upon signing (subject to CSE requirements)
- 2 million additional shares upon Ashley receiving drill permits
The initial 6 million shares have tiered hold periods: 2 million each locked for 4, 8, and 12 months. The deal includes governance rights with one board seat at Ashley and the right to maintain a minimum 10% equity stake. Ashley will assume all existing royalty obligations. The transaction closing is expected on April 17, 2025, pending final TSXV approval.