Ms. Dominique Doucet of Sirios reports

SIRIOS GRANTS BRUNSWICK RIGHT TO PURCHASE A ROYALTY ON SELECT CLAIMS OF THE MIRAGE PROPERTY

Sirios Resources Inc. has signed an agreement with Brunswick Exploration Inc. granting it the right to purchase a 0.5-per-cent net smelter return (NSR) held by Sirios on eight claims that are part of Brunswick Exploration's Mirage lithium property located in Eeyou Istchee James Bay.

Under the terms of the purchase agreement, Brunswick shall:

• Make a cash payment of $50,000 within five business days of the agreement's effective date;
• Pay instalments in cash, shares or a combination of both, subject to a minimum 25 per cent in cash (share amount calculated based on 10-day volume-weighted average share price preceding the date of the payment and subject to a 40-cent minimum share price) to Sirios according to the following schedule:
  • $100,000 on or before a three-month period;
  • $100,000 on or before a six-month period;
  • $100,000 on or before a nine-month period.

Upon start of mineral extraction over the claims covered by this agreement, Brunswick will make a further milestone payment to Sirios of $250,000 in cash or an amount in shares (subject to a 40-cent minimum share price) or a combination of both, at Brunswick's discretion.

About Sirios Resources Inc.

Sirios Resources is a Quebec-based mineral exploration company focused on developing its portfolio of high-potential gold properties in Eeyou Istchee James Bay, Canada.

About Brunswick Exploration Inc.

Brunswick Exploration is a Montreal-based mineral exploration company listed on the TSX Venture Exchange under symbol BRW. The company is focused on grassroots exploration for lithium in Canada, a critical metal necessary to global decarbonization and energy transition. The company is rapidly advancing the most extensive grassroots lithium property portfolio in Canada.

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