MONTREAL, QUEBEC–(Marketwired – June 30, 2015) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) completed today the first closing of a non-brokered private placement for an amount of $818,775.
A total of 5,458,499 flow-through shares at $0.15 were subscribed. Finder’s fees of $47,003 were paid for the closing. Directors and officers of the Company participated in the placement for an amount of $45,525.
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 fieldwork on its Cheechoo gold project, neighbour of the gold mine Eleonore of Goldcorp located in James Bay. Please refer to the website of Sirios for more information on the Cheechoo project.
This non-brokered private placement consists of a maximum of 10,000,000 flow-through shares totaling $1,500,000.The Company plans to do a final closing in the upcoming weeks.
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