Business
Sirios Resources Adds $3.5 Million to Its Cash Reserves Following the Exercise of Warrants and Stock Options
Montreal, Quebec--(Newsfile Corp. - May 12, 2026) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) ("Sirios" or "the Company") announces an additional capital
About this update from Sirios Resources, Inc.
[{"type":"text","content":" Montreal, Quebec--(Newsfile Corp. - May 12, 2026) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) (\"Sirios\" or \"the Company\") announces an additional capital injection, which provides it with greater financial flexibility to carry out its exploration and investment programs. Since the update on January 15, 2026, the exercise of 28,439,748 warrants and 2,100,000 options has added $3,472,730 to Sirios's cash balance and resulted in the issuance of 30,539,748 shares. There are now 671,119,508 common shares outstanding. The warrants and options exercised were due to expire in April 2026, December 2026, and July 2027. Of this amount, $0.5 million comes from warrants exercised by NQ Investissement Minier and $1 million from the early exercise of warrants due to expire in 2027 by CDPQ Sodémex Inc., a wholly owned subsidiary of La Caisse de dépôt et placement du Québec. \"These transactions reflect the ongoing support of our long-standing shareholders and demonstrate their confidence in our growth plan. The participation of Quebec institutional funds is yet another demonstration of their support for Sirios,\" said Jean-Félix Lepage, CEO of Sirios. Sirios will participate in financial conferences in the second quarter As part of its ongoing commitment to enhancing its market visibility and shareholder engagement, Sirios will participate in the following conferences: Deutsche Goldmesse, May 15-16, Frankfurt, Germany Current Trends in Mining Finance, presented by SME NYC, May 19-20, New York OTC Hybrid Conference, May 21, New York and virtual THE Mining Investment Event of the North, Quebec City, June 2-4 In addition, Jean-Félix Lepage will hold a series of one-on-one meetings with investors in Zurich, Munich, Brussels, Bruges, and New York. Full details regarding these events are available on the Sirios website. To request an invitation, please send an email to [email protected]. About Sirios Sirios Resources is a Quebec-based mineral exploration company focused on developing its Cheechoo gold deposit, as well as exploring and advancing its other high-potential gold projects in the Eeyou Istchee James Bay region of Canada. On December 11, 2025, Sirios announced the details of the acquisition of OVI Mining, a milestone in the company's history. Contact Jean-Félix Lepage, CEOPhone : [email protected] Cautio...