Sirios Resources to Close Fully-Subscribed $25 Million Brokered LIFE Offering

Sirios Resources Inc. has successfully completed the subscription phase of its $25 million brokered private placement offering, with the transaction fully-subscribed including the complete exercise of agents' options. The financing package comprises $11 million in flow-through units priced at $0.27 each and $14 million in hard dollar units at $0.20 per unit, with National Bank Capital Markets and MDCP Securities serving as co-bookrunners and co-lead agents.

The successful completion of this financing represents a significant capital injection for the Quebec-based gold exploration company, providing essential funding for its portfolio of projects in the Eeyou Istchee James Bay region. The flow-through structure of approximately half the financing will provide tax advantages to investors while ensuring the funds are dedicated to eligible Canadian exploration expenses, supporting the company's exploration activities in one of Canada's most promising gold regions.

The timing and scale of this financing positions Sirios well to advance its exploration programs during the upcoming field season. The James Bay region has emerged as a significant gold district, and this capital raise enables Sirios to maintain its competitive position in developing its project portfolio. The successful subscription despite challenging market conditions demonstrates investor confidence in both the company's management and the prospectivity of its land package.

With closing scheduled for March 18, 2026, and subject to standard regulatory approvals, this financing provides Sirios with the financial flexibility to execute its exploration strategy and potentially advance projects toward resource definition. The combination of flow-through and hard dollar units offers both exploration-focused and general corporate funding, providing management with operational flexibility to pursue the highest-value opportunities across their project portfolio.