On September 7, 2023, Pegasus Resources Inc., closed the transaction. The company issued 2,477,500 units at a price of CAD 0.08 per unit for the gross proceeds of CAD 198,200. The transaction included participation from Noah Komavli, a Director of the company for CAD 29,840.As a part of the transaction, the company will pay finders? fees of CAD 4,340 in cash and 54,250 broker warrants.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 30 placees including existing insider involvement of two insiders for 648,000.