Manhattan Uranium Discovery completes Pegasus Resources acquisition via share exchange

Urban Edge Properties
Pegasystems Inc.

Urban Edge Properties

UE

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Pegasystems Inc.

PEGA

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  • Manhattan Uranium Discovery completed acquisitions of Urano Energy and Pegasus Resources through separate plans of arrangement, creating a larger North American uranium-focused company trading on TSX-V under ticker MANU.
  • Pegasus shareholders received 0.133 Manhattan common shares per Pegasus share, with 5,305,584 Manhattan shares issued in total.
  • Outstanding Pegasus warrants and stock options were exchanged into Manhattan instruments using same 0.133 exchange ratio, with about 1,442,020 Manhattan shares issuable on exercise of pre-existing Pegasus warrants.
  • Manhattan also completed conversion of 26,249,999 subscription receipts into 26,249,999 common shares, with warrants to buy another 26,249,999 shares at an exercise price of $0.6 until March 31, 2028.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pegasus Resources Inc. published the original content used to generate this news brief via TheNewswire (Ref. ID: 202605071700TNWSWRCACNPR_____1AJ6FQp5n) on May 07, 2026, and is solely responsible for the information contained therein.

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