Sirios completes capital raise of $960,000
June 30 2020 - 02:35PM
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 $960,000. This
amount was raised by issuing 6,400,000 flow-through shares at $0.15
per share. Sirios will use the proceeds of the private placement
for exploration fieldwork that qualifies as Canadian exploration
expenditures.
Finder’s fees of $42,000 were paid. There will
be a hold period of four months and one day on all securities
issued under this financing. Two directors of Sirios participated
in the financing for a total amount of $30,000. The TSX Venture
Exchange has conditionally approved the private placement.
About Sirios
Pioneer in the discovery of significant gold
deposits in the Eeyou Istchee James Bay region of Quebec, Canada.
Sirios focuses its work mainly on its Cheechoo gold discovery,
while actively exploring the high auriferous potential of its other
properties.
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.
Contact:Dominique Doucet,
Presidentddoucet@sirios.comTel.: (514)
510-7961
Website:
www.sirios.com
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