MONTREAL, QUEBEC, CANADA–(Marketwire – Nov. 14, 2011) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces the reimbursement, through shares issuing, of the $150,000 convertible debenture completed in November 2008 with SIDEX, Limited Partnership.
As specified in the original terms of the debenture, a total of 3,000,000 shares will be issued at a price of $0.05 each, following the approvals of regulatory authorities, in addition to a cash payment of $9,074 for accrued interest.
SIRIOS is a mining exploration leader in James Bay, Quebec.
The Diversification of Exploration Investment Partnership (SIDEX Limited Partnership) was established by the Government of Quebec and the Solidarity Fund QFL. The mission of SIDEX is to invest in companies engaged in mineral exploration in Quebec.
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