Sirios completes Capital Raise of $500,000
28 Diciembre 2023 - 4:03PM
SIRIOS RESOURCES INC. (TSX-V: SOI)
(the “
Corporation”) announces that it has
closed today a non-brokered private placement for aggregate gross
proceeds of $500,000 (the “
Offering”). The
Offering consisted of the issuance of 6,250,000 units of the
Corporation (the “
Units”) at a price of 0,08$
per Unit. Each Unit is comprised of one common share of the
Corporation (the “
Common Shares”) that
qualify as “flow-through shares” pursuant to subsection
66(15) of the Income Tax Act (Canada) and one Common Share
purchase warrant (the “
Warrants”). Each
Warrant will entitle the holder thereof to acquire one additional
Common Share for a period of 24 months from the closing of the
Offering at a price of $0.15. The net proceeds from the sale of the
Common Shares will be mainly used by the Corporation to advance its
Cheechoo gold project.
No finder's fees were paid in connection with
this Offering. The Common Shares issued pursuant to this Offering
are subject to a restricted hold period of four months and one day,
under applicable Canadian securities laws. The Offering remains
subject to the final approval of the TSX Venture Exchange.
About SiriosSirios is a
Canadian mining exploration company focused on developing
its portfolio of high-potential gold and lithium
properties in the Eeyou Istchee James Bay region of
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.
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.
Cautionary Note Regarding
Forward-Looking InformationAll 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 final approval of the TSX Venture
Exchange in connection with the Offering 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 project 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.
Contact: Dominique Doucet, P.Eng., President
and Chief Executive
Officer450-482-0603info@sirios.com
Website: www.sirios.com
Sirios Resources (TSXV:SOI)
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