Workflow
Mining Exploration Strategy
icon
Search documents
Sirios Adds $1.5 Million to the Treasury After Warrant and Option Exercises
TMX Newsfile· 2026-01-15 13:00
Core Viewpoint - Sirios Resources Inc. has successfully raised capital through the exercise of warrants and options, enhancing its financial flexibility for exploration and investor programs in 2026 [1][2]. Group 1: Financial Developments - The exercise of 10,209,000 warrants and 1,750,000 options has generated $1,516,080 for the company, resulting in the issuance of 11,959,000 shares, bringing the total outstanding shares to 397,933,426 [1]. - The capital infusion is expected to support the company's strategic initiatives, including a proposed combination with OVI Mining Corp. [2]. Group 2: Strategic Initiatives - The company plans to expand its investor outreach and enhance market visibility through participation in key industry conferences and investor events in major Canadian cities [3]. - Sirios has engaged Investing News Network (INN) for a one-year investor awareness campaign at a cost of $60,000, aimed at increasing overall investor reach [4]. - Additionally, the company has initiated an advertising and marketing program with Resource Stock Digest (RSD), involving an initiation fee of $8,500 and a monthly cost of $2,450 for the first three months, extendable to 18 months [5]. Group 3: Leadership Transition - Dominique Doucet, the current CEO, will be joined by Jean-Félix Lepage, who will take over as CEO after the closing of the transaction with OVI Mining, for a series of investor events [2]. Group 4: Company Overview - Sirios Resources is a mining exploration company based in Quebec, focused on developing high-potential gold projects in the Eeyou Istchee James Bay region of Canada [7]. - The acquisition of OVI Mining, announced on December 11, 2025, is considered a landmark event in the company's history [7].