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Pegasus Resources Inc. - SLTFF STOCK NEWS

Welcome to our dedicated news page for Pegasus Resources (Ticker: SLTFF), a resource for investors and traders seeking the latest updates and insights on Pegasus Resources.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Pegasus Resources's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Pegasus Resources's position in the market.

Rhea-AI Summary
CEO Chris Timmins discusses latest assay results and 2024 upcoming drill program for Energy Sands Project
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End-of-Day
18.92%
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Rhea-AI Summary
Pegasus Resources Inc. announces significant findings from its recent sampling program at the Energy Sands project in Utah, with 13 samples showing uranium grades exceeding 1%, including one at 18.8% U3O8. The CEO expresses confidence in the high-grade uranium potential, leading to plans for drill targeting and permit applications. The Company collected 41 grab samples, focusing on advancing exploration efforts and maximizing asset value. Pegasus aims to finalize drill targets and obtain permits for a proposed summer drill program, aligning with its commitment to sustainable resource development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-91.19%
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Rhea-AI Summary
Pegasus Resources Inc. proudly announces the appointment of Mr. Mike Magrum, P. Eng, to the Company's Advisory Board. Mike Magrum, P.Eng. has almost 50 years of experience in geological engineering and has worked extensively in uranium exploration. The company also granted incentive stock options to certain directors and consultants to purchase a total of 250,000 common shares in the capital stock of the Company.
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End-of-Day
-4.96%
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management
Rhea-AI Summary
Pegasus Resources Inc. (SLTFF) appoints Derrick Strickland, P. Geo, MBA, as a new member of the Board of Directors, bringing over 35 years of experience in the exploration industry. His extensive expertise in geological and corporate advisory, international exposure, and industry engagement makes him a valuable addition to the leadership team. The Company also announces the resignation of Mr. Lorne McCarthy from the Board of Directors, aligning with Pegasus' commitment to fostering a knowledgeable and experienced leadership team.
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End-of-Day
-7.28%
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Rhea-AI Summary
Pegasus Resources Inc. announces successful completion of geological mapping and sampling program on its Energy Sands property in Utah. A total of 41 samples were collected, with one sample displaying a remarkable 7800 ppm reading, indicating substantial mineralization. The Company remains committed to leveraging this data for informed decision-making as it continues to pursue sustainable resource development.
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End-of-Day
-5.34%
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Rhea-AI Summary
Pegasus Resources Inc. (SLTFF) has completed a geological mapping and sampling program on its Energy Sands property in Utah, collaborating with Dahrouge Geological Consulting USA Ltd. A total of 41 samples were collected, with sample ESRS24-037 showing a significant 7800 ppm reading, indicating substantial mineralization. The samples have been submitted to SGS Laboratories Services for detailed analysis. The historical report outlines small-scale production of uranium by the Minerals Corporation of America between 1953 and 1956. The technical content of the news release has been reviewed and approved by a Qualified Person under National Instrument 43-101.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
29.64%
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Rhea-AI Summary
Pegasus Resources Inc. is commencing a geological mapping and sampling program on its past-producing Energy Sands property in Utah. The company has engaged Dahrouge Geological Consulting USA Ltd. to conduct the assessment. Pegasus aims to compile data to inform the application process for permits and commence a drill program in 2024. CEO Christian Timmins is optimistic about the potential of Energy Sands to contribute to the domestic uranium sector, aligning with the recent announcement from the Department of Energy regarding plans to establish domestic uranium enrichment facilities.
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Rhea-AI Sentiment
End-of-Day
11.11%
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News
Rhea-AI Summary
Pegasus Resources Inc. (TSXV:PEGA) reflects on a successful 2023 and looks forward to a promising 2024, highlighting cost-cutting measures, permit acquisitions, strategic land expansion, and project success. The company is poised to capitalize on the growing demand for uranium, especially in the USA, aligning with the Department of Energy's recent announcement regarding a final request for uranium enrichment services and USA-sourced uranium supplies.
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Rhea-AI Sentiment
End-of-Day
3.37%
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Rhea-AI Summary
Pegasus Resources Inc. (PEGA) successfully closed a non-brokered private placement, raising gross proceeds of $659,140. The offering included 2,875,875 non-flow-through units and 995,000 flow-through units. The company's Director, Noah Komavli, subscribed for $3,000 in the non-flow-through offering. The proceeds will be used for exploration of mineral properties and operational expenses. Finders' fees, broker warrants, and statutory hold periods apply to the shares issued.
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Pegasus Resources Inc. (TSX.V: PEGA) has applied to increase the size of its Non-Brokered Flow-Through Private Placement (NFT Offering) and the Non-Brokered Flow-Through Private Placement (FT Offering) to raise aggregate gross proceeds of up to CND$2,000,000. The company plans to use the proceeds for exploration and drilling programs on its Saskatchewan Athabasca Basin properties and Mozzie Lake property.
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Rhea-AI Sentiment
End-of-Day
0.18%
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Pegasus Resources Inc.

OTC:SLTFF

SLTFF Rankings

SLTFF Stock Data

4.16M
18.87M
5.41%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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Canada
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