SIRIOS: Transfer of Properties to Khalkos Exploration Inc.

(firmenpresse) - MONTREAL, QUEBEC -- (Marketwire) -- 10/11/11 -- SIRIOS RESOURCES INC. (TSX VENTURE: SOI) announces the closing of an agreement with its wholly owned subsidiary Khalkos Exploration Inc. ("Khalkos") which received the whole Tilly property as well as Sirios' 50% interest in both the Pontax-Lithium and Murdoch properties.

Sirios received, in exchange of the properties, 8,663,905 shares of Khalkos (previously called "Magmax") at an established price of $0.20 per share. This transaction was carried out at book value of the properties as at June 30, 2011, which totalled $1,732,781. Sirios now holds a total of 10,343,906 shares of Khalkos consisting of the entirety of its share capital. As previously announced, Sirios will distribute a portion of the shares to its shareholders. This distribution will be subject to the approval of the shareholders. Sirios will ensure to obtain the required approval from regulating authorities.

RESULTS RECEIVED AND PENDING ON SOME PROJECTS

Sirios received non-significant assay results of the core samples from the two first drill holes completed in June on Pontax (see July 13, 2011 press release). The remaining assay results, still pending, from the other ten drill holes were delayed by some logistical problems encountered before the shipment to the laboratory. Other rock assay results from new projects (Baleine and Koala) prospected in July were received with non-significant values.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.



Contacts:
Dominique Doucet
President
(514) 510-7961
(514) 510-7964 (FAX)


Frederic Sahyouni
CFO
(514) 510-7961
(514) 510-7964 (FAX)

Weitere Infos zu dieser Pressemeldung:

Themen in dieser Pressemitteilung:


Unternehmensinformation / Kurzprofil:
Bereitgestellt von Benutzer: MARKET WIRE
Datum: 11.10.2011 - 16:53 Uhr
Sprache: Deutsch
News-ID 74862
Anzahl Zeichen: 0

contact information:
Town:

MONTREAL, QUEBEC

Kategorie:

Mining & Metals

Diese Pressemitteilung wurde bisher 194 mal aufgerufen.


Die Pressemitteilung mit dem Titel:
"SIRIOS: Transfer of Properties to Khalkos Exploration Inc."
steht unter der journalistisch-redaktionellen Verantwortung von

SIRIOS Resources Inc. (Nachricht senden)

Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).

Sirios obtains 23.5 g/t Au(1) over 3.1 metres at surface on Cheechoo ...

MONTREAL, QUEBEC -- (Marketwired) -- 10/03/17 -- Management of SIRIOS (TSX VENTURE: SOI) is pleased to announce the first series of prospecting results from channels sampling undertaken recently on the Cheechoo gold property. Gold has been observed ...

Sirios starts a new diamond drilling program on CHEECHOO ...

MONTREAL, QUEBEC -- (Marketwired) -- 09/14/17 -- Management of SIRIOS (TSX VENTURE: SOI) is pleased to announce an update on the completion of numerous summer fieldwork carried out, and still ongoing, as well as the beginning of the 2017 fall diamo ...

Latest drilling results on SIRIOS' Cheechoo project ...

MONTREAL, QUEBEC -- (Marketwired) -- 09/07/17 -- Management of SIRIOS Resources Inc. (TSX VENTURE: SOI) is pleased to announce assay results for the last eight diamond drill holes (#36E, and #101 to 107) completed on the Cheechoo Gold Property, in ...

Alle Meldungen von SIRIOS Resources Inc.