MONTREAL, QUEBEC–(Marketwire – Nov. 28, 2007) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) closed yesterday a non-brokered private placement with SODEMEX II, with the Caisse de depot et placement du Quebec as Limited Partner. The placement consists of 416,667 Units of the Company for gross proceeds to the Company of $100,000. The unit price is $0.24 and each unit consists of one Common Share and one-half warrant. Each warrant entitles its holder to subscribe for one Common Share at $0.30 per share for a period of 12 months after the closing date and at $0.35 during the next 12 months. The proceeds of this placement shall be used by SIRIOS for general purposes.
The Annual Meeting of Shareholders of Sirios Resources Inc. will be held at the Delta Centre-Ville Hotel, 777 University Street, Montreal, Quebec, at 12:30 p.m. on Tuesday, December 4, 2007.
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
For more information:
Dominique Doucet, CEO