Sirios Resources Plans 15-for-1 Reverse Stock Split And Proposes Name Change

10:35 AM EDT, 09/28/2026 (MT Newswires) -- Sirios Resources (SOI.V) plans to consolidate its issued and outstanding common shares on the basis of 15 pre-consolidation common shares for one post-consolidation common share, it said in a statement on Monday. Shares of the company were last seen down 15% at CA$0.195 on the TSX Venture Exchange. The company has also proposed changing its name to "Sirios Mining Inc.", from "Sirios Resources Inc.", and its French version to "Miniere Sirios Inc." from "Ressources Sirios Inc.", it said. The consolidation and the name change are subject to the approval of the company's shareholders at the annual and special meeting of shareholders to be held on Oct. 30, 2026 and compliance with the needs of the TSX Venture Exchange. Sirios has 672.9-million common shares issued and outstanding as of Sept. 22. Price: 0.20, Change: -0.04, Percent Change: -15.22