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SOI.V ·

Mr. Robert Ménard appointed to the Sirios Board of Directors

Management Changes

TSX-V : SOI July 27, 2023

Mr. Robert Ménard appointed to the Sirios Board of Directors

MONTREAL (QUEBEC) – SIRIOS RESOURCES INC. (TSX VENTURE: SOI)

(the “Corporation”) announces the appointment as director of Mr. Robert Ménard to its Board of

Directors (the “ Board”), following the resignation of Mr. François Auclair as director of the

Corporation. In connection with his recent involvement as President and CEO of Lithium 3

Corporation, Mr. Auclair resigned from the Board. Mr. Luc Cloutier, Chairman of the Board,

would like to sincerely thank Mr. Auclair for the constructive contribution he made to the Board.

In addition, the Board proceeded with a reorganization of its committees in which Mr. Cloutier

left the position of Chairman of the Board to become Chairman of the Governance, Environment

and Health and Safety Committee and Mr. Ménard was appointed Chairman of the Board.

Mr. Ménard graduated in Electrical Engineering from the University of Ottawa and then began his

career in 1972 with the IOC (Iron Ore Corporation of Canada) and then continued, in 1974, as

Vice President for an industrial contractor until 1993. From 1994 to 2006, he acted as Vice

President, Projects & Construction at Cambior where he was responsible for project development,

from engineering studies to site construction and start-up. Subsequently, he was vice-president of

engineering and construction of a nickel project in the Canadian Arctic and co-director of

engineering and construction of IAMGOLD’s Essakane project in Burkina Faso. He was vice

president of engineering & construction for Andean Resources’ Cerro Negro project in Argentina

and later held the position of engineering and construction manager for Newmont’s Merian project

in Suriname.

Pursuant to his appointment, the Board approved the granting of 300,000 stock options to Mr.

Ménard, each stock option entitles the holder thereof to purchase one common share of the

Corporation at an exercise price of $0.07 per common share of the Corporation. These stock

options are granted in accordance with the terms and conditions of the Corporation’s stock option

plan (Régime d’options d’achat d’actions). These stock options have a term of five years.

About Sirios

Sirios Resources Inc. is a Canadian-based mining exploration company focused on developing its

portfolio of high-potential gold and lithium properties in the Eeyou Istchee James Bay region of

Quebec.

Cautionary note regarding forward-looking statements

This press release contains "forward-looking statements" within the meaning of applicable

Canadian securities laws based on expectations, estimates and projections as of the date of this

press release. Forward-looking statements involve risks, uncertainties and other factors that could

cause actual events, results, performance, expectations and opportunities to differ materially from

those expressed or implied by such forward-looking statements. Factors that could cause actual

results to differ materially from those indicated in such forward-looking statements include, but

are not limited to capital and operating costs that differ materially from estimates; the tentative

nature of metallurgical test results; delays or failures in obtaining required governmental,

environmental or other approvals; uncertainties related to the availability and cost of necessary

financing in the future changes in financial markets; inflation; fluctuations in metal prices; delays

in project development; other risks relating to the mineral exploration and development industry;

and risks disclosed in public filings of the Corporation on SEDAR+ at www.sedarplus.ca.

Although the Corporation believes that the assumptions and factors used in preparing the forward-

looking statements contained in this news release, including section “About Sirios” are

reasonable, readers should not place undue reliance on this information, which speaks only as of

the date of this news release, and there can be no assurance that such events will occur or occur

within the time periods presented. The Corporation disclaims any intention or obligation to update

or revise any forward-looking statements, whether as a result of new information, future events or

otherwise, except as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in

the Rules of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of

this release.

Contact :

Dominique Doucet, Eng., President

Tel. : 514-510-7961

[email protected]

Website : www.sirios.com