Sirrus Corp. announced that it has entered into a securities purchase agreement with Adar Bays, LLC for a private placement of 8% convertible redeemable note due November 20, 2018 due November 20, 2018 for gross proceeds of $68,000 on November 20, 2017. The note carries a fixed coupon of 8% per annum and would mature on November 20, 2018. The note is convertible into common shares. The holder of this note is entitled, at its option, at any time after 180 days, to convert all or any amount of the principal face amount of this note then outstanding into shares of the company's common stock at a price for each share of common stock equal to 50% of the lowest closing bid price of the common stock as reported on the National Quotations Bureau OTCQB exchange which the company’s shares are traded or any exchange upon which the common stock may be traded in the future ("Exchange"), for the lower of 20 prior trading days immediately preceding the issuance date of this note or 20 prior trading days including the day upon which a notice of conversion is received by the company or its transfer agent. The first note may be prepaid with the following penalties if the first notes is prepaid within 90 days of the issuance date, then at 125% of the face amount plus any accrued interest; if the first note is prepaid after 90 days after the issuance date but less than 180 days after the issuance date, then at 150% of the face amount plus any accrued interest. The first note may not be prepaid after the 6th month anniversary. Such redemption must be closed and funded within three days of giving notice of redemption of the right to redeem shall be null and void. The company has paid the legal fees of $3,000.