Pegasus Resources Inc. announced a non-brokered flow-through private placement of up to 5,000,000 flow-through units at a price of CAD 0.20 per unit for the gross proceeds of up to CAD 1,000,000 and up to 4,000,000 non flow-through units at a price of CAD 0.16 per unit for the gross proceeds of CAD 640,000 for the aggregate gross proceeds of CAD 1,640,000 on November 10, 2023. Each flow-through unit consist of one common share of the company and one non-flow-through share purchase warrant, entitling the holder to acquire an additional common share of the company at a price of CAD 0.28 for a period of 24 months from the date of issuance. Each Non flow-through unit consists of one common share of the company and one share purchase warrant, entitling the holder to acquire an additional common share of the company at a price of CAD 0.20 for a period of 24 months from the date of issuance.