Sirios Resources completes $960,000 private placement

2020-06-30 15:58 ET – News Release

Mr. Dominique Doucet reports


Sirios Resources Inc. has completed a non-brokered private placement for a total amount of $960,000. This amount was raised by issuing 6.4 million flow-through shares at 15 cents per share. Sirios will use the proceeds of the private placement for exploration fieldwork that qualifies as Canadian exploration expenditures.

Finders’ fees of $42,000 were paid. There will be a hold period of four months and one day on all securities issued under this financing. Two directors of Sirios participated in the financing for a total amount of $30,000. The TSX Venture Exchange has conditionally approved the private placement.

About Sirios Resources Inc.

Sirios focuses its work mainly on its Cheechoo gold discovery, while actively exploring the high auriferous potential of its other properties.

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