Sirios Resources Inc. announced a non-brokered private placement for issuance of 6,250,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 500,000 on December 28, 2023. Each unit is comprised of one flow-through common share and one common share purchase warrant. Each warrant will entitle the holder thereof to acquire one additional common share for a period of 24 months from the closing of the offering at a price of CAD 0.15. The company paid no finder's fees in connection with this offering. The common shares issued pursuant to this offering are subject to a restricted hold period of four months and one day, under applicable Canadian securities laws. The offering remains subject to the final approval of the TSX Venture Exchange.

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement. The transaction included participation from 9 placees. The transaction included participation from Coloured Ties Capital Inc. for 6,250,000 units.