Sirios raises $1.5M via warrants, options exercises

Executive Summary

• Sirios Resources Inc. raised $1,516,080 through the exercise of 10,209,000 warrants and 1.75 million options, resulting in the issuance of 11,959,000 new shares.
• The company highlighted the validation of its proposed combination with OVI Mining Corp., noting that CEO Dominique Doucet will be succeeded by Jean-Felix Lepage upon the transaction's closing.
• Sirios announced a series of investor engagement activities, including attendance at four major industry conferences in Q1 2026 and the engagement of Investing News Network and Resource Stock Digest for investor awareness campaigns.

Key Details

• Capital Raise: The exercise of warrants and options added $1,516,080 to the company's treasury.
• Share Issuance: 11,959,000 new common shares were issued as a result of the exercises.
• Share Count: Total common shares outstanding increased to 397,933,426.
• Warrant/Option Volume: 10,209,000 warrants and 1,750,000 options were exercised.
• M&A Context: CEO Dominique Doucet stated the exercises validate the proposed combination with OVI Mining Corp.
• Leadership Change: Jean-Felix Lepage is set to take over as CEO after the closing of the OVI Mining transaction.
• Conference Schedule:
  • Vancouver Resource Investment Conference (VRIC): Jan. 25–26, Vancouver.
  • Roundup (AME): Jan. 26–29, Vancouver.
  • Red Cloud Pre-PDAC Mining Showcase: Feb. 26–27, Toronto.
  • Prospectors & Developers Association of Canada (PDAC): March 1–4, Toronto.
• Investor Outreach: CEO Doucet and incoming CEO Lepage will host investor luncheons and one-on-one meetings in Vancouver, Calgary, Montreal, and Toronto.
• Marketing Agreements:
  • Engaged Investing News Network (INN) for a one-year investor awareness campaign starting in January at a cost of $60,000.
  • Engaged Resource Stock Digest (RSD) for an advertising and marketing program; an initiation fee of $8,500 (U.S.) was paid, with a monthly cost of $2,450 (U.S.) for the first three months (extendable to 18 months).
• Arm's Length Confirmation: INN and RSD are at arm's length with Sirios, receive no equity compensation, and provide no market-making services.

Notable Quotes

• "These exercises validate our proposed combination with OVI Mining Corp. and reflect the recent performance of our stock. Our strategy is gaining traction, and investors are noticing." — Dominique Doucet, Founder and CEO, Sirios Resources.