Pegasus Resources to issue 1.59 million shares for debt
2025-06-11 18:15 ET – News Release Mr. Christian Timmins reports PEGASUS ANNOUNCES SHARES FOR DEBT SETTLEMENT Pegasus Resources Inc. has entered into debt settlement agreements with various creditors to settle an aggregate amount of $140,232.29 in outstanding debt obligations through the issuance of an aggregate of 1,598,682 common shares of Pegasus at a deemed price of 8.7717 cents per common share. The share-for-debt transaction is intended to preserve the company’s cash...
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