Sirios completes Capital Raise of $999,999.28

MONTREAL (QUEBEC) – SIRIOS RESOURCES INC. (TSX-V: SOI) (the “Corporation”) announces that it has closed a non-brokered private placement for aggregate gross proceeds of $999,999.28 (the “Offering”). The Offering consisted of the issuance of 14,285,704 common shares of the Corporation (the “Common Shares”) at a price of $0.07 per Common Share. The net proceeds from the sale of the…

Sirios Signs a $14.8M Option Agreement with Sumitomo Metal Mining Canada Ltd. for its Aquilon Gold Project

MONTREAL (QUEBEC) – Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is pleased to announce the signing of a property option agreement with Sumitomo Metal Mining Canada Ltd, (Sumitomo), pursuant to which has agreed to grant to Sumitomo an option to acquire up to an 80% interest, following an investment totaling $14.8M on the Aquilon gold property, located in…

Results from the Annual and Special Meeting of Shareholders

MONTREAL, QUEBEC– SIRIOS RESOURCES INC. (TSX-V: SOI) announces that all the resolutions that were presented at the annual and special meeting yesterday were approved by the shareholders. These resolutions include the appointment of the directors and the auditors as well as the renewal of the Stock Option Plan. Shareholders elected Luc Cloutier, François Auclair, Guy Le…

Sirios announces Indicated Resources of 1.4 Moz at 0.94 g/t Au and Inferred Resources of 0.5 Moz at 0.73 g/t Au at Cheechoo

MONTREAL (QUEBEC) – Management of SIRIOS RESOURCES INC. (TSX-V: SOI) is very pleased to announce the updated resource estimate for its Cheechoo gold property. The Cheechoo deposit now includes 74% of the gold ounces classified as indicated resources. In addition, the gold grade of these indicated resources shows an increase of 45% over the 2020…

New candidates proposed to Sirios’ Board of Directors

MONTREAL, QUEBEC– SIRIOS RESOURCES INC. (TSX-V: SOI) announces the proposal of two new candidates to its Board of Directors for nomination during the December 15, 2022, Annual General and Special Shareholders Meeting. Messrs. Guy Chevrette and Michel Bouchard have decided not to renew their positions as directors to allow for the arrival of new candidates. On…

Sirios intersects up to 2.65 g/t Au over 11 m at surface and extends the mineralization of the Cheechoo deposit by 400 m to the east into the metasediments

Montreal (Quebec) – The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to report assay results from channel samples collected last summer (Figure 1), which included 2.65 g/t Au over 11.0 m (Figure 2). This confirms the extension of gold mineralization beyond the tonalite and into the meta-greywackes (“metasediments”) outside of the conceptual pit…

Update on Sirios’ activities on its Cheechoo gold property

Montreal (Quebec) – The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce an update on the work recently completed on its Cheechoo gold property.   Mechanical stripping and channel sampling Following the prospecting program completed earlier this summer, three outcrops (figure 1) were mechanical stripped and channel sampled in the area of…

Sirios buys back a portion of a royalty on its Aquilon gold property

Montreal (Quebec) – The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce the repurchase of a significant portion of the royalty on the Aquilon property which had been granted during the strategic investment made by a private investor last January (ref. press releases of 01/17/2022 and 01/27/2022). In accordance with last January’s…

Sirios completes Capital Raise of $1,175,325

MONTREAL (QUEBEC) – SIRIOS RESOURCES INC. (TSX-V: SOI) (the “Corporation”) announces that it has closed a non-brokered private placement for aggregate gross proceeds of $1,175,325 (the “Offering”). The Offering consisted of the issuance of 19 588 749 units of the Corporation (the “Units”) at a price of $0.06 per Unit. Each Unit consists of one common share of the Corporation (a “Common…

Update on Sirios’ Summer 2022 activities

Montreal (Quebec) – The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce an update on the work currently in progress on its two main projects, the Cheechoo and Aquilon gold properties.   CHEECHOO: The update of the Cheechoo geological model including the latest drilling results has been completed. The mandate to update…

Sirios expands its Cheechoo gold property, Quebec

Montreal (Quebec) – The management of Sirios Resources Inc. (TSX-V: SOI) is pleased to announce the expansion of the Cheechoo gold property following the acquisition, by map designation, of 69 new claims covering approximately 36 km2 (Figure 1). The Cheechoo property now consists of 225 claims, covering an area of 118 km2, divided into three…