Pegasus Mercantile Announces Revocation of Cease Trade Order

Vancouver, B.C. — March 3, 2026 — Leads & Copy —

Pegasus Mercantile Inc. (CSE: LOAN) (OTC: XTCYF) announced that the British Columbia Securities Commission (BCSC) has revoked the failure-to-file cease trade order (FFCTO) that had been issued against the company and its securities.

The revocation of the FFCTO became effective as of March 2, 2026. The BCSC had issued the FFCTO on February 3, 2026. Pegasus has followed up with the Canadian Securities Exchange to remove the suspension of trading of its common shares, with resumption of trading to be confirmed in a follow-up press release.

The company filed its audited annual financial statements, accompanying management discussion and analysis, and CEO and CFO certifications for the financial year ended September 30, 2025 on February 27, 2026. It also filed its first quarter results ending December 31, 2025, on March 2, 2026, in accordance with regulations.

Pegasus Mercantile Inc. confirms that its business remains active and has not changed, and there are no changes to its current business plan.

Pegasus is a prospect generator that provides high-growth companies with technology, financial, operational, and management assistance. The company has expanded and is entering a new phase of diversification. The focus of the company has been on global wellness, psychedelics, mycology, hemp and CBD, healthcare-related target companies, and their clinical studies and trials.

Source: Pegasus Mercantile Inc.