Three of the four nominees to be elected as directors listed in the Company’s information circular dated January 16, 2023, were elected as directors of the Company for the ensuing year and the number of directors was fixed at three. Christian Timmins, Dave Bissoondatt and Lorne McCarthy were all elected as directors of the Company by a majority of the votes cast by shareholders present or represented by proxy at the meeting. The fourth director, Mr. Charles Desjardins had submitted his resignation to pursue other opportunities in between the time the information circular was sent out and the annual general meeting, and so at the AGM, the number of directors was set at three.
Crowe MacKay LLP of Vancouver, British Columbia will remain as the auditor of the Company for the ensuing year until the next annual general meeting at a renumeration to be fixed by the directors. The Company’s 10% rolling stock option plan also received the required shareholder approval.
About Pegasus Resources Inc.
Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on %Uranium, %Gold and %BaseMetal 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.
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.