MONTREAL, QUEBEC–(Marketwired – Aug. 30, 2016) – Management of SIRIOS (TSX VENTURE:SOI) is pleased to announce the closing of the transaction concerning the acquisition of the undivided interest of 50% in the Aquilon property, giving it 100% of this property. Sirios issued 1,000,000 common shares at a deemed price of $ 0.57 per share and made a cash payment of $ 250,000, as described in the press release of August 4th.
The Aquilon property covers approximately 50 square km south of the LA-1 hydro-electric complex, Eeyou Istchee James Bay, Quebec. This property hosts numerous very high grades gold showings discovered originally by Sirios.
Technical data that are presented in this press release were approved by Dominique Doucet, P. Eng., President of Sirios, Qualified Person pursuant to National Instrument 43-101.
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.
For more information:
Dominique Doucet, CEO