Sirios completes capital raise of $5 Million

Sirios Resources Inc.

MONTREAL, QUEBEC--(Marketwired - Aug. 2, 2017) - Management of SIRIOS RESOURCES INC. (TSX VENTURE:SOI) is pleased to announce the completion of a non-brokered private placement today for a total amount of $5 million. This amount was raised by issuing 11,111,111 flow-through shares at $0.45 per share. Sirios will use the proceeds of the private placement for exploration fieldwork, mainly diamond drilling on Cheechoo, that qualifies as Canadian exploration expenditures.