Pegasus Resources (OTC:SLTFF) has withdrawn its application for a shares-for-debt settlement that would have converted approximately $140,000 of outstanding debt into common shares. The withdrawal comes after the TSX Venture Exchange denied approval for the proposed settlement structure, despite the debt being legitimate.
The company had initially announced this debt settlement plan on June 11, 2025, but following discussions with the Exchange, which cited a consistent policy position regarding similar transactions, Pegasus will now need to address the outstanding debt through conventional means.
Pegasus Resources (OTC:SLTFF) ha ritirato la sua richiesta di un accordo azioni-per-debito che avrebbe convertito circa 140.000 $ di debito in sospeso in azioni ordinarie. Il ritiro arriva dopo che la TSX Venture Exchange ha negato l’approvazione per la struttura…
