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KAS Khalkos Exploration

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0.00 (0.00%)
Share Name Share Symbol Market Type
Khalkos Exploration TSXV:KAS TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Debt Settlement Agreement Between Sirios and Khalkos

10/06/2014 9:30pm

Marketwired Canada


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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
SIRIOS RESOURCES INC.
Dominique Doucet, President
Tel.: (514) 510-7961
ddoucet@sirios.com
www.sirios.com


KHALKOS EXPLORATION INC.
Robert Gagnon
President
Tel.: (819) 860-2621
rgagnon@khalkos.com
www.khalkos.com

1 Year Khalkos Exploration Inc. Chart

1 Year Khalkos Exploration Inc. Chart

1 Month Khalkos Exploration Inc. Chart

1 Month Khalkos Exploration Inc. Chart