09:46 AM EST - Sirios Resources : Wednesday said it has recently signaled its intention to its partner Golden Valley Mines to acquire the remaining 55% of the Cheechoo gold project in Quebec that it does not already own. Sirios has until December 31, 2013, to issue shares to Golden Valley for a value of the lesser of 9.9% of its share capital or $1 million. In addition, Sirios will have a period of three years from the date of the notice of option to complete around $4 million in exploration expenditures, in addition to paying $500,000 in cash or in shares to Golden Valley over a period of three years. Sirios Resources
shares V.SOI are trading unchanged at $0.08.
