Mr. Dominique Doucet reports

SIRIOS ANNOUNCES A PRIVATE PLACEMENT

Sirios Resources Inc. intends to complete a non-brokered private placement with investors relying on a prospectus exemption pursuant to Regulation 45-106 respecting Prospectus Exemptions for gross proceeds of up to $1.8-million. This offering consists of the issuance of a maximum of 30 million units at a price of six cents per unit. Unit consists of one common share of the corporation and one common share purchase warrant. Each warrant entitles the holder thereof to purchase one common share at an exercise price of 12 cents per common share for a period of 24 months from the date of issuance thereof.

The net proceeds from the sale of the units will be mainly used by the corporation for general and corporate working capital purposes.

The common shares and the warrants issued pursuant to this offering will be subject to a restricted hold period of four months and one day following the closing of the offering.

Final closing of the flow-through offering

The corporation also announces its intention to close a second tranche of its flow-through shares offering, previously announced on March 27, 2024, on or about to April 24, 2024, for aggregate gross proceeds of $650,000, consisting of the issuance of a maximum aggregate of 10 million common shares, at a price of 6.5 cents per flow-through share. The flow-through share will be issued as flow-through shares pursuant to Section 66(15) of the Income Tax Act (Canada) and Section 359.1 of the Taxation Act (Quebec). The gross proceeds of the flow-through offering will be mainly used to finance the exploration work on its Cheechoo gold project. The flow-through shares issued under the flow-through offering will be subject to a hold period of four months and one day following the closing of the flow-through offering.

Both the offering and the flow-through offering remain subject to the final approval of the exchange.

About Sirios Resources Inc.

Sirios Resources is a Canadian-based mining exploration company focused on developing its portfolio of high-potential gold and lithium properties in the Eeyou Istchee James Bay region of Quebec.

We seek Safe Harbor.