Newmont Corporation Files Early Warning Report

VANCOUVER, March 1, 2024 - Newmont Corp. ("Newmont"), will file an early warning report (the "Early Warning Report") advising of its holdings in common shares ("Shares") of Sirios Resources Inc. (TSXV: SOI) ("Sirios").

On February 29, 2024, Newmont Corporation ("Newmont"), through its subsidiary Goldcorp Inc. ("Goldcorp"), indirectly disposed of an aggregate of 24,982,352 common shares and directly disposed of an aggregate of 5,410,020 common shares (the "Shares") of Sirios pursuant to a private purchase agreement (the "Transaction").

Newmont, through Goldcorp, received aggregate cash proceeds in the amount of C$1,300,000 from the Transaction, representing an average price per Share of C$0.0428. Prior to the Transaction, Newmont through Goldcorp, held 24,982,352 Shares and directly held 5,410,020 Shares, representing approximately 10.98% of the issued and outstanding Shares of Sirios on a fully diluted basis and no convertible securities. The Shares represent 10.98% of the issued and outstanding Shares of Sirios. As a result of the Transaction, Goldcorp and Newmont hold and Newmont beneficially holds, no common shares or convertible securities of Sirios.

Newmont, through Goldcorp, disposed of the Shares as a result of investment considerations. Depending on market conditions and other factors, Goldcorp or Newmont may from time to time acquire and/or dispose of common shares or other securities of Sirios, directly or indirectly, whether in the open market, by private placement issuance, by private negotiated agreement or otherwise.

This news release is being issued as required by National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an Early Warning Report dated February 29, 2024. The Early Warning Report respecting this acquisition will be filed on Sirios' profile on the System for Electronic Document Analysis and Retrieval ("SEDAR+").

Newmont is the world's leading gold company and a producer of copper, silver, zinc and lead. Newmont's world-class portfolio of assets, prospects and talent is anchored in favorable mining jurisdictions in North America, South America, Australia and Africa. Newmont is the only gold producer listed in the S&P 500 Index and is widely recognized for its principled environmental, social and governance practices. Newmont is an industry leader in value creation, supported by robust safety standards, superior execution and technical proficiency. Newmont was founded in 1921 and has been publicly traded since 1925.

Newmont is incorporated under the laws of Delaware and their head office is located at 6900 E. Layton Ave., Suite 700, Denver, CO, 80237.

This press release contains forward-looking information within the meaning of Canadian securities laws (collectively "forward-looking statements"). Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, plans, postulate and similar expressions, or are those, which, by their nature, refer to future events. All statements that are not statements of historical fact are forward-looking statements. Forward-looking statements in this press release include but are not limited to statements regarding, creation of value for Goldcorp's shareholders, and other statements. Although Goldcorp believes any forward-looking statements in this press release are reasonable, it can give no assurance that the expectations and assumptions in such statements will prove to be correct. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, changes in the state of equity and debt markets, fluctuations in commodity prices, delays in obtaining required regulatory or governmental approvals, delays or issues related to the closing of the Subscription. Forward-looking information in this news release is based on the opinions and assumptions of management considered reasonable as of the date hereof, including that all necessary governmental and regulatory approvals will be received as and when expected. Although Goldcorp believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information. Goldcorp disclaims any intention or obligation to update or revise any forward-looking information, other than as required by applicable securities laws.

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.

SOURCE Newmont Corp.