Sirios announces a Private Placement
17 Octubre 2023 - 2:06PM
SIRIOS RESOURCES INC. (TSX-V:
SOI) (the “
Corporation”) announces
its intention to complete a non-brokered private placement with
investors relying on a prospectus exemption pursuant to Regulation
45-106 respecting Prospectus Exemptions for gross proceeds of up to
$500,000 (the “
Offering”). This Offering
consists of the issuance of a maximum of 5,000,000 common shares of
the Corporation (the “
Common
Shares”) at a price of 0.05$ per Common Share and
a maximum of 8,125,000 Common Shares issued as “flow-through
shares” pursuant to section 66(15) of the Income Tax Act (Canada)
and section 359.1 of the Taxation Act (Québec)
(the “
Flow-Through Shares”), at a price of
0.08$ per Flow-Through Share.
The gross proceeds of the Offering from the sale
of the Common Shares will be mainly used by the Corporation for
general working capital and other administrative expenses, as the
gross proceeds of the Offering from the sale of the Flow-Through
Shares will be mainly used to finance the exploration work on its
Cheechoo gold project.
The Common Shares and Flow-Through Shares issued
under this Offering will be subject to a hold period of four months
and one day following the closing of the Offering. The Offering has
been conditionally approved by the TSX Venture Exchange
(the “TSXV”), but remains subject to
regulatory approval and filings, including final approval of the
TSXV.
This news release does not constitute an offer
to sell or a solicitation of an offer to buy any of the securities
in the United States. The securities have not been and will not be
registered under the United States Securities Act of 1933, as
amended (the “U.S. Securities Act”) or any state
securities laws and may not be offered or sold within the United
States or to U.S. Persons unless registered under the U.S.
Securities Act and applicable state securities laws or an exemption
from such registration is available.
About Sirios Resources Inc.
Sirios Resources Inc. is a Canadian-based mining
exploration company focused on developing its portfolio of
high-potential gold and lithium properties in the Eeyou Istchee
James Bay region of Quebec.
Visit our website at
www.sirios.com or contact:
Dominique Doucet, President, P.Eng., CEOPhone:
450-482-0603Email : ddoucet@sirios.com
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.
Forward-Looking StatementsAll
statements, other than statements of historical fact, contained in
this press release including, but not limited to, those relating to
the intended use of proceeds of the Offering, the closing of the
Offering, the final approval of the TSX Venture Exchange in
connection with the Offering, the development of the Cheechoo gold
project and, generally, the above “About Sirios Resources Inc.”
paragraph which essentially describes the Corporation’s outlook,
constitute “forward-looking information” or “forward-looking
statements” within the meaning of applicable securities laws, and
are based on expectations, estimates and projections as of the time
of this press release. Forward-looking statements are necessarily
based upon a number of estimates and assumptions that, while
considered reasonable by the Corporation as of the time of such
statements, are inherently subject to significant business,
economic and competitive uncertainties and contingencies. These
estimates and assumptions may prove to be incorrect. Many of these
uncertainties and contingencies can directly or indirectly affect,
and could cause, actual results to differ materially from those
expressed or implied in any forward-looking statements and future
events, could differ materially from those anticipated in such
statements. A description of assumptions used to develop such
forward-looking information and a description of risk factors that
may cause actual results to differ materially from forward-looking
information can be found in the Corporation’s disclosure documents
on the SEDAR+ website at www.sedarplus.ca.
By their very nature, forward-looking statements
involve inherent risks and uncertainties, both general and
specific, and risks exist that estimates, forecasts, projections
and other forward-looking statements will not be achieved or that
assumptions do not reflect future experience. Forward-looking
statements are provided for the purpose of providing information
about management’s endeavors to develop the Cheechoo, and, more
generally, its expectations and plans relating to the future.
Readers are cautioned not to place undue reliance on these
forward-looking statements as a number of important risk factors
and future events could cause the actual outcomes to differ
materially from the beliefs, plans, objectives, expectations,
anticipations, estimates, assumptions and intentions expressed in
such forward-looking statements. All of the forward-looking
statements made in this press release are qualified by these
cautionary statements and those made in our other filings with the
securities regulators of Canada. The Corporation disclaims any
intention or obligation to update or revise any forward-looking
statements or to explain any material difference between subsequent
actual events and such forward-looking statements, except to the
extent required by applicable law.
Sirios Resources (TSXV:SOI)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Sirios Resources (TSXV:SOI)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024