NEWS RELEASE TRANSMITTED BY CCN – A NEWSWIRE SERVICE OF ITG
FOR: SIRIOS RESOURCES INC.
ME SYMBOL: SOI
JANUARY 10, 2001 – 11:20 EST
First Closings of Sirios’ Public Financing
MONTREAL, QUEBEC–In December 2000, SIRIOS RESOURCES INC.
(“SIRIOS”) completed the first closings of its public financing as
released on December 8, 2000. A total of 554 A units and 15 B
units were subscribed for $569,000. Consequently, 2,845,000 new
Common Shares (at $0,20 per share) shall be issued promptly
increasing the total issued and outstanding Common Shares of
SIRIOS to 20,389,474. Furthermore, a total of 629,000 share
purchase warrants shall be issued, each warrant giving its holder
thereof the right to buy one SIRIOS’ Common Share at $0.26 on or
before May 31, 2002.
As indicated in the prospectus, the B units are still being
offered with each B unit including 5,000 Common Shares at $0.20
per share and 5,000 share purchase warrants as abovedescribed.
The minimum subscription is two units and Alpha Capital Inc.
(tel.: 514-397-9252) acts as underwriter.
Funds raised by SIRIOS will be used to pursue exploration
activities on the AQUILON (gold) and TILLY
(molybdenum-copper-gold) Quebec properties and on the SCHOLFIELD
diamond property, in Ontario.
Shareholders or anyone interested in SIRIOS’ activities are
welcome to meet the officers at the Savings & Investment
Marketplace to be held in Quebec City from January 18 to January
21 2001 and in Montreal from January 26 to January 29 2001.
For more information:
Dominique Doucet, CEO