Pegasus Resources Inc. announced 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 announced that the resignation of Charles Desjardins as CEO of the company to pursue other endeavours, but will remain available as a consultant to ensure a smooth transition.