Pegasus Resources Inc.

Pegasus Resources Inc. is a Canada-based diversified junior mineral exploration company with a focus on uranium, gold, and base metal properties in North America. The Company’s projects include Northeast Athabasca, Energy Sands and Golden. The Company holds four uranium properties located immediately northeast of the prolific Athabasca Basin of northern Saskatchewan. Its Northeast Athabasca properties encompass about 60,054 hectares (ha) in 19 mineral claims. The Energy Sands project consists of sandstone-hosted uranium and vanadium mineralization and has 30 unpatented lode claims, totaling over 600 acres. The Energy Sands project is located within the San Rafael Uranium District, and approximately four kilometers from the San Rafael Uranium Project of Western Uranium. The Golden project features three properties along a trend located along the British Columbia - Alberta border. It includes Gold Mountain, Vertebrae Ridge and Punch Bowl properties.