Announcement of a $2,100,000 financing
TSX-V: SOI November 26, 2020
Announcement of a $2,100,000 financing
MONTREAL (QUEBEC) – SIRIOS RESOURCES INC. (TSX-V: SOI) announces its intent
to undertake a non-brokered private placement with accredited investors. The placement consists
of a maximum of 14,000,000 units for an amount of $2,100,000. This private placement has been
conditionally approved by the TSX Venture Exc hange. Each unit price is $0.15 and consists of
one common share and one-half warrant. Each warrant will entitle its holder thereof to subscribe
for one common share at $0. 23 per share for a period of 1 8 months after the closing date of the
private placement.
The proceeds of this placement will be mainly used by Sirios to advance its Cheechoo gold
project, as well as for general purposes.
Sirios can pay up to 6 % of the total amount as finder’s fee . Directors, officers and employees
may participate in this placement.
There will be a hold period of four months and one day on all securities issued under this
financing. This private placement is subject to regulatory approval and filings.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Contact:
Dominique Doucet, President, Eng.
Tel: (514) 918-2867
website: www.sirios.com