Sirios Resources Inc.: Results from the Annual and Special Meeting of Shareholders

MONTREAL, Nov. 20, 2019 (GLOBE NEWSWIRE) -- SIRIOS RESOURCES INC. (TSX-V: SOI) announces that all the resolutions included that were presented at the annual and special meeting yesterday were approved by the shareholders. These resolutions include the appointment of the directors and the auditors as well as the renewal of the Stock Option Plan.

Shareholders elected Luc Cloutier, Guy Chevrette, Michel Bouchard, Dominique Doucet and Gilles Dupuis to the Board of Directors with an approval rating between 96.93 % to 98.79 %. More than 40 % of the shareholders voted on the resolutions presented.

Moreover, during the Board meeting held after the meeting, Mr. Frederic Sahyouni was re-elected as Chief Financial Officer and Secretary of the Company while Mr. Dominique Doucet and Gilles Dupuis were re-elected as President and Chief Executive Officer, and Chairman of the Board respectively. Mr. Luc Cloutier, Guy Chevrette and Michel Bouchard were also reappointed as members of the audit committee and the governance, environment, health and safety committee.

To view the presentation by Dominique Doucet at the shareholder meeting (in French only): https://www.facebook.com/RessourcesSirios/videos/1242532012611514/

Options grant

On November 19, 2019, the Board of Directors has granted 3,800,000 stock options under its Stock Option Incentive Plan to directors, officers, consultants and employees at an exercise price of $0.185 per share. The options expire five (5) years from the date of grant.

About Sirios

Founded in 1995, Sirios Resources develops and explores its own mining exploration projects. Pioneers in the discovery of world-class gold deposits in the James Bay region, over the years, Sirios is focusing on its flagship gold project Cheechoo, 2016 discovery of the year in Quebec province Canada

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.

For more information, contact:
Dominique Doucet, President, Eng.                                                                            
ddoucet@sirios.com                                                                                                                    
Tel.: (514) 510-7961                                                                                                                         
Website: www.sirios.com