Sirios recently signalled its intention to its partner Golden Valley Mines to wholly acquire the Cheechoo gold project, located in the Opinaca area, in James Bay, Quebec. The terms for Sirios to acquire the remaining 55% held by Golden Valley Mines Ltd. are described in the April 9, 2013 press release. Sirios obtained very encouraging drill results from the first three holes of the fall 2012 drilling campaign. Large gold [...]
Sirios completed today the second closing of a private placement, as previously announced on May 6, 2013. An additional amount of $151,780 was subscribed for and is composed of 710,000 Units, and 621,384 Common Shares, bringing the total of the placement to $418,960. There will be a hold period of four months and one day on all securities issued under this financing. Finder's fees totaled $1,600 during this financing.
Sirios completed a first closing of the recently announced non-brokered private placement with accredited investors and an institutional fund. A total of 2,480,000 units were subscribed, each composed of one Common Share and one warrant, in addition to the 147,538 Flow Through shares for a total amount of $267,180. The President of the Company subscribed for an amount of $13,000. There will be a hold period of four months [...]
Sirios announces its intent to undertake a non-brokered private placement with accredited investors. The placement consists of a maximum of 3,250,000 units and 1,346,154 flow-through shares for gross proceeds totaling $500,000. Each unit price is $0.10 and consists of one Common Share and one warrant, whereas each flow through share is offered at $0.13. Each warrant will entitle its holder thereof to subscribe for one [...]
Sirios announces a series of four secured loans with R&D Capital totalling $803,500. The loans are divided in two gross tranches, $487,400 and $316,100, bearing an annual interest rate of 20.4%, and are secured against assets, including Sirios' tax credits receivable. The first tranche disbursed at signing consists of three loans having terms varying between six to nine months whereas the second tranche has a one year [...]
Management of Sirios Resources is pleased to announce that, following fieldwork undertaken on the CHEECHOO project in 2012, and in accordance to the agreement with its partner, Sirios has increased its interest in the project to 45%. Sirios and Golden Valley Mines signed an agreement in June 2012 for the Sharks and Cheechoo properties. Sirios has until June 15, 2013 to indicate its intent to acquire the total remaining [...]
Sirios completed a first closing of a non-brokered private placement with accredited investors as previously announced. An amount of $175,600 was subscribed, composed of 798,181 shares and the same number of warrants. A director of the Company subscribed for an amount of $25,000. There will be a hold period of four months on all securities issued under this financing. The placement consists of 2 727 273 units of SIRIOS [...]
+3300,00 %
-97,37 %
