Sirios completes the last closing of its private placement of units
TSX-V: SOI June 18, 2019
Sirios completes the last closing of its private placement of units
MONTREAL – SIRIOS RESOURCES INC. (TSX- V:SOI) completed today the last
closing of its private placement of units announced on May 8 th, 2019, for an additional
amount of $ 200,000, bringing the total capital raised to $ 715,000. This amount was raised
by issuing 1,000,000 units at $ 0.20 per unit . Each unit consists of one common share of
Sirios and a half warrant. Each warrant gives the holder the right to purchase one common
share at $ 0.30 during the eighteen months following the closing date.
There will be a hold period of four months and one day on all securitie s issued under this
financing. The TSX Venture has conditionally approved the private placement.
The proceeds of the placement will mainly be used by Sirios for exploration fieldworks on
its properties located in James Bay and for general corporate purpose.
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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To contact us:
Sirios Resources Inc.
Dominique Doucet, Eng., President, CEO [email protected]
Tel.: (514) 510-7961