MONTREAL, QUEBEC--(Marketwire - May 5, 2011) - SIRIOS RESOURCES INC. (News - Market indicators)completed today the second and final closing of the non-brokered private placement with accredited investors as previously announced. An additional amount of $300,960 was subscribed for this closing and is composed of 325,555 A Units at $0.09 and 2,263,838 B Units at $0.12 bringing the total of the placement to $829,260. In total, 7 955 505 Common Shares were issued as well as 5,123,882 warrants.
Finder's fees totaled $3,200 during this financing. The president of the Company subscribed for an amount of $10,800.
There will be a hold period of four months on all securities issued under this financing. The TSX Venture has conditionally approved the private placement.
The proceeds of this placement will be used by Sirios for exploration activities on its main precious metal properties, as well as for general purposes. Please refer to the March 23, 2011 press release as well as Sirios' web site for additional information.
Sirios Res. est une société d’exploration minière d'argent et d'or basée au Canada.
Sirios Res. détient divers projets d'exploration au Canada.
Ses principaux projets en exploration sont TILLY, CHEECHOO, KUKAMES, MURDOCH, OPINACA NORTH, PONTAX, SHARKS, AQUILON EXTENSION, ESCALE et AQUILON au Canada.