Sirios Resources closed first tranche of private placement, raising $961,999 for exploration in Quebec.

From GlobeNewswire: 2024-11-13 13:21:09

Sirios Resources Inc. announced the closing of the first tranche of its non-brokered private placement, raising $961,999 through the issuance of 13,742,843 common shares at $0.07 per share. The proceeds will be used for Canadian exploration expenses on the Cheechoo property in Quebec, with a drilling program set to begin next week. Finder’s fees were paid, and shares issued are subject to a restricted hold period. A director subscribed for shares, constituting a related party transaction. The Offering is subject to final approval by the TSX Venture Exchange, with potential additional tranches. Sirios Resources is a mineral exploration company focused on developing the Cheechoo gold property.



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