Debt Settlement Agreement Between Sirios and Khalkos
10 Junho 2014 - 5:30PM
Marketwired
Debt Settlement Agreement Between Sirios and Khalkos
MONTREAL, QUEBEC--(Marketwired - Jun 10, 2014) - SIRIOS
RESOURCES INC. (TSX-VENTURE:SOI) («Sirios») and KHALKOS EXPLORATION
INC. (TSX-VENTURE:KAS) («Khalkos») announce the signing of an
agreement concerning a share-based payment of the due debt of
Khalkos to Sirios. Khalkos has agreed to issue to Sirios 2,625,438
common shares at $ 0.07 per share to settle a debt of $
183,781.
The shares to be issued will be subject to a holding period of
four months and a day, and once the transaction is completed,
Khalkos will have repaid all of its debt to Sirios. Sirios, who
holds 5,393,931 shares of Khalkos, will therefore increase its
position to 8,019,369 shares representing 24.88% of the share
capital of Khalkos.
This transaction is subject to the approval of the TSX Venture
Exchange.
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.
SIRIOS RESOURCES INC.Dominique Doucet, PresidentTel.: (514)
510-7961ddoucet@sirios.comwww.sirios.comKHALKOS EXPLORATION
INC.Robert GagnonPresidentTel.: (819)
860-2621rgagnon@khalkos.comwww.khalkos.com
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