Results from the Annual Meeting of Shareholders
MONTREAL, Nov. 28, 2024 - Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) ("Sirios" or the "Company") announces that all the resolutions that were presented at the annual meeting yesterday were approved by the shareholders. Theses resolutions include the appointment of the directors and the auditors as well as the renewal of the Company's stock option plan.
Shareholders re-elected Ms. Colinda Parent as well as Mr. Luc Cloutier, Dominique Doucet, Guy Le Bel and Robert Ménard to the Board of Directors, with an approval rating between 96.4% and 99.0%. More than 16.6% of the shareholders voted on the resolutions presented.
Moreover, during the Board meeting held after the shareholders' meeting, Mr. Frederic Sahyouni was re-appointed to the position of Chief Financial Officer and Secretary of the Company while Mr. Dominique Doucet and Robert Ménard were re-appointed as President, Chief Executive Officer, and Chairman of the Board respectively. Ms. Parent will chair the audit committee while Mr. Cloutier will chair the governance, environment and health/safety committee.
Grant of options
During the same meeting, the Board of Directors granted 3,100,000 stock options to employees, consultants, directors and officers under its Stock Option Incentive Plan, to an exercise price of $0.055 per share. The options have a duration of five years.
About Sirios
Sirios Resources Inc. (TSX-V: SOI; OTCQB: SIREF) is a Quebec-based mineral exploration company focused on developing its 100%-owned Cheechoo gold property, located in Eeyou Istchee James Bay, Canada.
Cautionary note regarding forward-looking statements
This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates; the preliminary nature of metallurgical test results; delays in obtaining or failures to obtain required governmental, environmental or other project approvals; uncertainties relating to the availability and costs of financing needed in the future; changes in equity markets; inflation; fluctuations in commodity prices; delays in the development of projects; the other risks involved in the mineral exploration and development industry; and those risks set out in the Company's public documents filed on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
For more information, please contact:
Dominique Doucet, CEO
450-482-0603
info@sirios.com
www.sirios.com
