OVI Shareholders Overwhelmingly Approve Arrangement with Sirios

Core Viewpoint - OVI Mining Corp. has received shareholder approval for a plan of arrangement where Sirios Resources Inc. will acquire all outstanding shares of OVI, with shareholders receiving 2.34 common shares of Sirios for each share held [1][2][4]. Shareholder Meeting - The special meeting of shareholders was held to vote on the Arrangement Resolution, which was overwhelmingly approved with 100% of votes cast in favor [2][4]. - A total of 39,400,544 shares were represented at the meeting, accounting for approximately 69.90% of the issued and outstanding shares [3]. Arrangement Details - The Arrangement involves Sirios acquiring all issued and outstanding shares of OVI through a court-approved plan, as outlined in the arrangement agreement dated December 10, 2025 [2][4]. - The Arrangement Resolution required a two-thirds majority of votes cast by shareholders and a simple majority from minority shareholders, both of which were achieved [5][6]. Next Steps - The Arrangement is expected to become effective around February 27, 2026, pending a final order from the Supreme Court of British Columbia and the satisfaction of customary closing conditions [6]. - A hearing for the final court order is scheduled for February 23, 2026 [6]. Company Overview - OVI Mining Corp. is a privately-owned exploration stage company focused on acquiring, exploring, and developing mineral properties in North America, with full ownership of the Corvet Est and PLEX properties [8].