Sirios completes the last closing of its private placement of units
June 18 2019 - 11:59AM
SIRIOS RESOURCES INC. (TSX-V:SOI) completed today
the last closing of its private placement of units announced on May
8th, 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 securities 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.
To contact us:Sirios Resources Inc.Dominique
Doucet, Eng., President, CEO ddoucet@sirios.com
Tel.: (514) 510-7961
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