Vancouver April 16, 2025 – Pegasus Mercantile Inc. (CSE: LOAN) (OTC: XTCYF) (“the “Company”) is pleased to announce that today it has filed Interim Financials Statements for the 3-month period ended December 31, 2024, and the corresponding Management Discussion & Analysis on SEDAR. The Filings are available on SEDAR+ as well as the CSE website.
These fillings should allow the Company to lift the previously disclosed Management Cease Trade Order (“MCTO”), initially announced on January 29, 2025, in respect of the Annual Financial Statements which were filed April 14, 2025 for the Year Ended September 30, 2024, and the interim Financial Statements and corresponding Management’s Discussion and Analysis for the period ended December 31, 2024, including the related Chief Executive Officer and Chief Financial Officer certifications (collectively, the “Financial Documents”). Pegasus confirms that, other than as disclosed in prior press releases and material change reports, there have been no material business developments other than the posting of the annual financials today.
About Pegasus Mercantile Inc.:
Pegasus is a prospect generator that provides high growth companies with technology, financial, operational, and management assistance in the fast growing market for global wellness products and novel consumer goods and services.
For information visit website: www.pegasusmercantile.com Contact Meris Kott, CEO (561) 212-3323 or email to [email protected]
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release. Certain statements contained in this release may constitute “forward–looking statements” or “forward-looking information” (collectively “forward-looking information”) as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words “could”, “intend”, “expect”, “believe”, “will”, “projected”, “estimated”, “anticipates” and similar expressions and statements relating to matters that are not historical facts are intended to identify forward- looking information and are based on the Company’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward- looking information contained herein.