Sirios Resources (TSE:SOI) has released an update.
Sirios Resources Inc. has successfully completed the first tranche of its private placement, raising $269,250 through the issuance of over 4 million common shares. The proceeds will primarily fund exploration activities at the Cheechoo gold project. Despite involving a related party transaction, the company has complied with regulatory exemptions and awaits final TSX Venture Exchange approval.
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