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Latest Release

PEGASUS RESOURCES ANNOUNCES THE APPOINTMENT OF CHRISTIAN TIMMINS AS CEO

Vancouver, B.C. February 3, 2023 – Pegasus Resources Inc. (TSX-V: PEGA; Frankfurt – OQS2, OTC/Pink Sheet symbol SLTFF) (the “Company” or “Pegasus”) is pleased to announce the appointment of Mr. Christian Timmins as its new Chief Executive Officer (CEO). Mr. Timmins brings a wealth of experience having honed his skills in operations consultation, project planning, team building, and company collaboration through his work with top companies such as Tourmaline Oil, FMC, and IPS Canada. He is known for his thorough research in the mining and exploration sectors and is a seasoned investor in private placement and capital markets.

The Company also announces that Mr. Charles Desjardins has resigned as a director, CEO and CFO of the Company to pursue other endeavours, but will remain available as a consultant to ensure a smooth transition. The Company would like to thank Mr. Desjardins and appreciates his contributions over the years and wishes him success in his future endeavours.

To fill the vacancy following Mr. Desjardins' departure, the Company is also pleased to announce the appointment of Dave Bissoondatt as its new Chief Financial Officer.

"We are thrilled to welcome Mr. Timmins as the new CEO and are confident that his expertise and experience will drive growth and success for Pegasus," stated Dave Bissoondatt, director and new CFO of Pegasus.

About Pegasus Resources Inc.

Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information please visit the Company at www.pegasusresourcesinc.com or contact Christian Timmins at ctimmins29@gmail.com.

On Behalf of the Board of Directors:

Christian Timmins
President, CEO and Director
Pegasus Resources Inc.
700 – 838 West Hastings Street
Vancouver, BC V6C 0A6
PH: 1-604-369-8973
E: info@pegasusresourcesinc.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Statements 

Statements included in this announcement, including statements concerning the Company’s plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, “forward-looking statements.” Forward-looking statements may be identified by words including “anticipates,” “believes,” “intends,” “estimates,” “expects” and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company’s future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statement.

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