Sirios raised CA$2,450,000 following exercise of warrants
MONTREAL, QUEBEC--(Marketwired - April 24, 2017) - Management of SIRIOS RESOURCES INC. (TSX VENTURE:SOI) is pleased to announce that all warrants that were expiring on April 22, 2017 have been exercised by their holders. A total sum of CA$2,450,000 was paid to Sirios by the holders to exercise the warrants. The proceeds will be allocated mainly to exploration activities on the Cheechoo gold project as well as general corporate purposes. Following exercise of the warrants, Sirios issued 8,750,000 common shares and now has 120,031,794 issued and outstanding shares.