Coloured Ties Announces Investments into Sirios Resources Inc. and Spod Lithium Corp.

Rhea-AI Summary

Coloured Ties Capital Inc. (TIE) announced the purchase of charity flow-through units in Sirios Resources Inc. and Spod Lithium Corp. The company bought 6,250,000 units in Sirios for approximately $277,750 and 2,857,144 units in Spod for approximately $200,000.08.

Vancouver, British Columbia--(Newsfile Corp. - January 4, 2024) - 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/193172

FAQ

What did Coloured Ties Capital Inc. (TIE) announce?

Coloured Ties Capital Inc. (TIE) announced the purchase of charity flow-through units in Sirios Resources Inc. and Spod Lithium Corp.

How many units did Coloured Ties Capital Inc. (TIE) purchase in Sirios Resources Inc. and Spod Lithium Corp.?

The company bought 6,250,000 units in Sirios and 2,857,144 units in Spod.

What was the total cost of the units purchased in Sirios Resources Inc.?

The total cost of the units purchased in Sirios was approximately $277,750.

What was the total cost of the units purchased in Spod Lithium Corp.?

The total cost of the units purchased in Spod was approximately $200,000.08.

How were the Sirios Units purchased?

The Sirios Units were purchased via subscription into Sirios' charity flow through private placement at a price of $0.04444 per unit.

How were the Spod Units purchased?

The Spod Units were purchased via subscription into Spod's charity flow through private placement at a price of $0.07 per unit.