Pegasus Resources Inc. has unveiled that it is review-ing a number of uranium assets located in and close to the Athabasca Basin of Northern Saskatchewan, Canada, with a potential acquisi-tion in mind.
Charles Desjardins, the chief executive of Pegasus Resources, said in a statement that the company’s interest in such assets results from the rising uranium prices.
“In recent weeks the spot price of uranium has improved dramatically, providing impetus for the evaluation of a number of assets the com-pany either previously examined prior to the sale of its last uranium assets to Rio Tinto in 2018, or which are new to the company,” the executive said.
Pegasus Resources Inc. describes itself as a diversified junior Cana-dian mineral exploration company. The business says it is focused on zinc and base metal properties located in North America.