Sirios completes capital raise of more than $2.5 Million
TSX-V: SOI November 29, 2018
Sirios completes capital raise of more than $2.5 Million
MONTREAL, QUEBEC -- Management of SIRIOS RESOURCES INC. (TSX
VENTURE:SOI) is pleased to announce the completion of a non- brokered private
placement for a total amount of $2,542,452. This amount was raised by issuing
11,556,599 flow-through shares at $0.22 per share . Sirios will use the proceeds of the
private placement for expl oration fieldwork, mainly the next w inter 2019 diamond
drilling campaign on its Cheechoo gold property, that qualifies as Canadian exploration
expenditures.
Finder’s fees of $142,584 was paid. There will be a hold period of four months and one
day on all securities issued under this financing. Sirios' president participated in the
financing by acquiring a total of 100,000 flow -through shares. The TSX Venture
Exchange has conditionally approved the private placement.
Sirios’100% owned Cheechoo property is located in the Eeyou Istchee James Bay region
of Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less
than 10 km from Goldcorp’s Éléonore gold mine.
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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For more information, contact:
Dominique Doucet, President.
Website: www.sirios.com Tel.: (514) 510-7961