Source: Sirios Resources.
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  • Sirios Resources (SOI) has closed its non-brokered private placement for gross proceeds of $1,175,325
  • The company issued 19,588,749 units at $0.06 per unit
  • Net proceeds will be mainly used to advance the Cheechoo gold project
  • Sirios Resources is a pioneer in the discovery of significant gold deposits in the James Bay region of Quebec
  • Shares of Sirios Resources Inc. (SOI) are up 8.33 per cent on the day, trading at C$0.065 per share at 3 pm ET

Sirios Resources (SOI) has closed a non-brokered private placement for gross proceeds of $1,175,325.

The company issued 19,588,749 units at $0.06 per unit. Each unit consists of one common share and one share purchase warrant. Each warrant entitles the holder to purchase one additional share for a period of 24 months.

Net proceeds will be mainly used to advance the Cheechoo gold project, as well as for general and corporate working capital purposes.

All shares and warrants issued are subject to a statutory hold period ending on November 29th, 2022.

Sirios Resources Inc. is a pioneer in the discovery of significant gold deposits in Eeyou Istchee James Bay, Quebec, focusing primarily on its Cheechoo gold discovery, while actively exploring the gold potential of its other properties.

Shares of Sirios Resources Inc. (SOI) are up 8.33 per cent on the day, trading at C$0.065 per share at 3 pm ET.


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