Mining
Thursday, January 4th, 2024 5:06 pm EDT
Key Points
- Investment in Sirios Resources Inc.: Coloured Ties Capital Inc. (CTI) has announced the purchase of 6,250,000 units in the capital of Sirios Resources Inc. These units, referred to as “Sirios Units,” were obtained through a subscription into Sirios’ charity flow-through private placement. The total cost of this investment is approximately $277,750. Each Sirios Unit includes one common share and one common share purchase warrant. Sirios Resources Inc. is a public company listed on the TSX Venture Exchange (TSXV).
- Investment in Spod Lithium Corp.: CTI has also acquired 2,857,144 units in the capital of Spod Lithium Corp., known as “Spod Units.” This purchase was made through a subscription into Spod’s charity flow-through private placement, at a cost of approximately $200,000.08. Each Spod Unit comprises one common share and one-half of one common share purchase warrant. Spod Lithium Corp. is a public company listed on the Canadian Securities Exchange (CSE).
- Details and Contacts: The announcement provides specific details about the investments, including the cost, unit structure, and listing exchanges of the target companies. For further information or inquiries about Coloured Ties Capital Inc. and its recent investments, interested parties can contact Kal Malhi, the Chief Executive Officer of the company, via the provided email address. The disclosure also includes a disclaimer noting that neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of the release.
Coloured Ties Capital Inc. (TSXV: TIE) (OTC Pink: APEOF) (FSE: 97A0) (“CTI” or the “Company“), an investment company focused on business incubation and opportunities that disrupt their industry, is pleased to announce that it has purchased charity flow-through units in both Sirios Resources Inc. (“Sirios“) and Spod Lithium Corp. (“Spod“).
The Company has purchased 6,250,000 units in the capital of Sirios (the “Sirios Units“), a public company listed on the TSXV, for a total cost of approximately $277,750.00. The Sirios Units were purchased via subscription into Sirios’ charity flow through private placement at a price of $0.04444 per Sirios Unit. Each Sirios Unit consists of one common share and one common share purchase warrant.
The Company has also purchased 2,857,144 units in the capital of Spod (the “Spod Units“), a public company listed on the CSE, for a total cost of approximately $200,000.08. The Spod Units were purchased via subscription into Spod’s charity flow through private placement at a price of $0.07 per Spod Unit. Each Spod Unit consists of one common share and one-half of one common share purchase warrant.
For further information please contact:
Coloured Ties Capital Inc.
Kal Malhi Chief Executive Officer
kal@bullruncapital.ca
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.
