Sirios Strengthens its Executive Team and Announces Stock Option Grants

Rhea-AI Summary

Sirios Resources (OTCQB: SIREF) appointed Geneviève Ayotte as Chief Financial Officer and Audrey Lamothe as Corporate Secretary effective March 25, 2026.

The Board also granted 2,050,000 stock options to directors and officers at an exercise price of $0.18 per share with a five-year term. Management said the hires and recent financing position Sirios to advance its next Cheechoo drilling program.

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On the day this news was published, SIREF gained 3.90%, reflecting a moderate positive market reaction.

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Appointments of Genevieve Ayotte as Chief Financial Officer and Audrey Lamothe as Corporate Secretary

Montreal, Quebec--(Newsfile Corp. - March 25, 2026) - Sirios Resources Inc. (TSXV: SOI) (OTCQB: SIREF) ("Sirios" or the "Company") has appointed Geneviève Ayotte as Chief Financial Officer and Audrey Lamothe as Corporate Secretary.

"We are very pleased to add Geneviève and Audrey to the Sirios team," said Jean-Félix Lepage, CEO of Sirios. "With their experience in developing large-scale mining projects in rapidly growing companies, they will quickly contribute to making Sirios a leader in its sector. Combined with the recent closing of our financing (see the March 18 press release), we are very well positioned to move forward with the execution of our next drilling program at Cheechoo."

Geneviève Ayotte, CPA, Chief Financial Officer

A Chartered Professional Accountant in Quebec, Ms. Ayotte has over 15 years of experience in the mining industry. After several years with the audit team at PricewaterhouseCoopers LLP (PwC), primarily working on mining files, Ms. Ayotte joined Arianne Phosphate in 2021 as Chief Financial Officer. She was also recently appointed Chief Financial Officer of LUX Metals. She holds a degree in Business Administration from HEC Montréal and a Specialized Graduate Diploma (D.E.S.S.) in Public Accounting from the same university.

Audrey Lamothe, Corporate Secretary

Ms. Lamothe is a member of the Quebec Bar and has served as Senior Counsel and Assistant Corporate Secretary at Osisko Développement since 2022. She was recently appointed Corporate Secretary of LUX Metals. She holds a law degree from the University of Montreal and a certificate in mining law from York University.

In regards to Frédéric Sahyouni, who held the position of Chief Financial Officer and Corporate Secretary, Dominique Doucet, Executive Chairman of the Board, stated: "On behalf of the Board and myself, I would like to acknowledge Frédéric's loyal, significant, and sustained contribution, which, over his 19 years with the company, has enabled it to achieve its current reputation."

Stock Option Grant
At its meeting yesterday, the Board of Directors granted a total of 2,050,000 stock options to directors and officers under its stock option incentive plan, at an exercise price of $0.18 per share. The options have a five-year term.

About Sirios
Sirios Resources is a Quebec-based mineral exploration company focused on developing its portfolio of high-potential gold projects in Canada. On February 27, 2026, Sirios completed the acquisition of OVI Mining, a landmark event in the company's history, which strengthened its position as the next major gold developer in the Eeyou Istchee James Bay region of Quebec.

Contact
Jean-Félix Lepage, CEO
Telephone: 438-454-5636
jflepage@sirios.com
www.sirios.com

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 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 in 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 preliminary nature of metallurgical test results; delays or failures in obtaining required government, environmental, or other approvals; uncertainties related to the availability and cost of future financing; changes in financial markets; inflation; fluctuations in metal prices; and delays in project development. Other risks related to the mineral exploration and development industry; and the risks disclosed in the Company's public filings on SEDAR+ at www.sedarplus.ca. Although the Company believes that the assumptions and factors used to prepare the forward-looking statements contained in this press release are reasonable, readers should not place undue reliance on such information, which speaks only as of the date of this press release, and there can be no assurance that such events will occur or occur within the timeframes indicated. The Company 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 the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/289869

FAQ

Who is the new CFO of Sirios (SIREF) and what is her background?

Geneviève Ayotte is Sirios's new CFO with over 15 years in mining finance and audit. According to the company, she worked at PwC on mining files, joined Arianne Phosphate as CFO in 2021, and holds business and public accounting degrees from HEC Montréal.

What corporate secretary appointment did Sirios (SIREF) announce on March 25, 2026?

Audrey Lamothe was appointed Corporate Secretary, a member of the Quebec Bar. According to the company, she served as Senior Counsel and Assistant Corporate Secretary at Osisko Développement and holds a law degree and a mining law certificate.

How many stock options did Sirios (SIREF) grant and what are the terms?

The Board granted 2,050,000 stock options at an exercise price of $0.18 per share with a five-year term. According to the company, the grants were made to directors and officers under its stock option incentive plan.

Will the new appointments affect Sirios's Cheechoo drilling program timeline?

Management indicated the appointments and recent financing support advancing the next drilling program at Cheechoo. According to the company, the hires are expected to contribute quickly to execution, aligning with the recently closed financing.

Who did Geneviève Ayotte and Audrey Lamothe replace at Sirios (SIREF)?

Frédéric Sahyouni previously held the roles of CFO and Corporate Secretary and left after 19 years. According to the company, the Board acknowledged his long-term contribution to the company's reputation and performance.

What shareholder impact should investors expect from the SIREF option grant?

The grant creates potential future dilution if options are exercised at $0.18 per share within five years. According to the company, 2,050,000 options were issued to directors and officers under the incentive plan, subject to exercise.