The Prospector News

Sirios completes capital raise of more than $2.5 Million

You have opened a direct link to the current edition PDF

Open PDF Close
Uncategorized

Share this news article

Sirios completes capital raise of more than $2.5 Million

 

 

 

 

 

Management of SIRIOS RESOURCES INC. (TSX-V:SOI) is pleased to announce the completion of a non-brokered private placement for a total amount of $2,542,452. This amount was raised by issuing 11,556,599 flow-through shares at $0.22 per share. Sirios will use the proceeds of the private placement for exploration fieldwork, mainly the next winter 2019 diamond drilling campaign on its Cheechoo gold property, that qualifies as Canadian exploration expenditures.

 

Finder’s fees of $142,584 was paid. There will be a hold period of four months and one day on all securities issued under this financing. Sirios’ president participated in the financing by acquiring a total of 100,000 flow-through shares. The TSX Venture Exchange has conditionally approved the private placement.

 

Sirios’100% owned Cheechoo property is located in the Eeyou Istchee James Bay region of Quebec, approximately 800 km north of Montreal, 200 km east of Wemindji and less than 10 km from Goldcorp’s Éléonore gold mine.

 

Posted November 29, 2018

Share this news article

MORE or "UNCATEGORIZED"


Fission Closes $9.2 Million Bought Deal Financing

FISSION URANIUM CORP. (TSX:FCU) (OTCQX: FCUUF) (FRA: 2FU) is plea... READ MORE

October 4, 2023

New Found Intercepts 17.1 g/t Au Over 11.35m & 1.82 g/t Au Over 40m, Further Defines High-grade Domain at Keats West

New Found Gold Corp.  (TSX-V: NFG) (NYSE-A: NFGC) is pleased to ... READ MORE

October 4, 2023

TASEKO MINES ANNOUNCES THIRD QUARTER COPPER PRODUCTION OF 35 MILLION POUNDS FROM THE GIBRALTAR MINE

Taseko Mines Limited (TSX: TKO) (NYSE American: TGB) (LSE: TKO) i... READ MORE

October 4, 2023

MONUMENTAL MINERALS PROVIDES FINAL RESULTS OF MAIDEN DRILLING PROGRAM AT THE JEMI HEAVY RARE EARTH ELEMENT PROJECT, MEXICO

Monumental Minerals Corp. (TSX-V: MNRL) (FSE: BE5) (OTCQB: MNMRF)... READ MORE

October 4, 2023

ValOre Assays Confirm Palladium-Platinum Discovery at Salvador Target, Pedra Branca Project: 43.85 m at 0.76 g/t 2PGE+Au starting from 45.25 m, incl. 10.85 m at 1.19 g/t 2PGE+Au from 51.3 m

ValOre Metals Corp. (TSX‐V: VO) (OTCQB: KVLQF) (Frankfurt: KEQ0... READ MORE

October 4, 2023

Copyright 2023 The Prospector News