Sirios Resources (TSE:SOI) has released an update.
Sirios Resources Inc. is set to enhance its financial flexibility by initiating a non-brokered private placement aiming to raise up to $1.8 million through the sale of units. Additionally, the company plans to conclude a second tranche of its flow-through shares offering, expected to generate $650,000 for the expansion of its Cheechoo gold project. Both offerings, subject to regulatory approval, will bolster the company’s working capital and fund exploration activities.
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