Mr. Neil Backhouse of Newmont reports

NEWMONT CORPORATION FILES EARLY WARNING REPORT

Newmont Corp. will file an early warning report advising of its holdings in common shares of Sirios Resources Inc.

On Feb. 29, 2024, Newmont, through its subsidiary Goldcorp Inc., indirectly disposed of an aggregate of 24,982,352 common shares and directly disposed of an aggregate of 5,410,020 common shares of Sirios pursuant to a private purchase agreement.

Newmont, through Goldcorp, received aggregate cash proceeds in the amount of $1.3-million from the transaction, representing an average price per share of 4.28 cents. Prior to the transaction, Newmont, through Goldcorp, held 24,982,352 shares and directly held 5,410,020 shares, representing approximately 10.98 per cent of the issued and outstanding shares of Sirios on a fully diluted basis and no convertible securities. The shares represent 10.98 per cent of the issued and outstanding shares of Sirios. As a result of the transaction, Goldcorp and Newmont hold and Newmont beneficially holds, no common shares or convertible securities of Sirios.

Newmont, through Goldcorp, disposed of the shares as a result of investment considerations. Depending on market conditions and other factors, Goldcorp or Newmont may, from time to time, acquire and/or dispose of common shares or other securities of Sirios, directly or indirectly, whether in the open market, by private placement issuance, by private negotiated agreement or otherwise.

This news release is being issued as required by National Instrument 62-103 -- The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report dated Feb. 29, 2024. The early warning report respecting this acquisition will be filed on Sirios's profile on SEDAR+.

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