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Stocks to watch in July 2016 Sirios Resources (TSXV:SOI) Secular Trend of Gold Mining is the key to growth M&A CONSULTING ENGEL M&A CONSULTING ENGEL M&A CONSULTING ENGEL

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Page 1: TOP-STOCKS

Stocks to watch in July 2016

Sirios Resources (TSXV:SOI)

Secular Trend of Gold

Mining is the key to growth

M&A CONSULTING

ENGEL

M&A CONSULTING

ENGEL

M&A CONSULTING

ENGEL

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Sirios Resources soars 300% in 2016, outperforming 99% of its global peers

Sirios Resources Inc., Canada's 223rd largest Metals & Mining company by market cap, has soared 30.0c

(or 300%) year to date in 2016 to close at 40.0c. The stock has a 6-month USD relative strength of 99 which

means in USD terms it is outperforming 99% of its 46,178 global peers.

Sirios Resources Inc.

SOI.V on TSX Venture Exchange

0.39CAD; 30 Jun 2016

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Company Overview

Sirios Resources Inc. (Sirios Resources) is a mineral exploration company. The company explores silver

and gold deposits in the James Bay region of Quebec in eastern Canada. Its projects include Cheechoo

project, Pontax project, Aquilon project, and Kukames project. Sirios Resources’ Cheechoo gold project

comprises 145 claims covering approximately 75 sq km adjacent to the property of the Eleonore gold mine

of Goldcorp. The company’s Pontax property is located in James Bay, Quebec, approximately 350 km north

of Matagami which includes 497 claims covering close to 250 sq km.

Its Kukames gold property totals about 242 claims covering approximately 130 sq km. Sirios Resources is

headquartered in Montreal, Quebec, Canada

What talks for them:

They have Osisko Royalties (TSX:OR) as an investor and Goldcorp (TSX:G) as a 19 percent investor.

They exactly know where to invest!!

Sirios Resources Inc.

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The Cheechoo gold property consists of 145

claims covering 75 km2 in two adjacent blocks to

the gold mine Eleonore owned by Goldcorp which

itself is located 320 km north of Matagami (Qc).

The Pontax property is located in James

Bay, Quebec, approximately 350 km north of

Matagami. It consists of 497 claims covering

close to 250 sq km. The project's purpose is to

test the potential for diamond and metals in a

previously unexplored region.

Aquilon

This 104 claims gold property covering

approximately 50 sq km, is located ten

kilometres south of the LA-1 hydro-

electrical complex, James Bay region,

Quebec. An outfitter with a landing strip is

situated less than 40 minutes from the

property by an all-weather road leading to

LA-1 dam.

The Kukames gold property, owned at 100%

by the Company, totals 242 claims covering

approximately 130 sq km. It is located

approximately 25 km southeast of the Eleonore

gold deposit owned by Goldcorp. It covers

approximately 35 km of favorable strike length

close to the limit between the La Grande and the

Opinaca geological sub-provinces where a gold

bearing corridor has been delineated by Sirios in

2006 within mineralized altered paragneiss.

Many gold showings showed grades such as

2.44 g/t Au; 1.65 g/t Ag; 22 ppm Bi and 0.14% W

(Tungsten) over 2.0 m. as well as 0.71 g/t Au;

0.6 g/t Ag; 0.7 % W over 1.0 m.

Sirios Resources Inc. - Projects

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Sirios Resources Inc. – Annual Income Statement

Sirios Resources Inc

Annual Income Statement

[Standardized in USD Millions]

30-Jun-2015 30-Jun-2014 30-Jun-2013 30-Jun-2012 30-Jun-2011

Period Length 12 Months 12 Months 12 Months 12 Months 12 Months

Exploration, Development and Mineral Property Lease - - 0,1 - -

Wages and Salaries 0,3 0,3 0,3 0,2 0,2

Rent and Landing Fees 0 0 0 0 0

Insurance and Claims Expense 0 0 0 0 0

General and Administrative Expense 0,4 0,5 0,5 0,3 0,4

Promotion and Advertising - - 0 0 0,1

Selling and Marketing - - 0 0 0,1

Selling, General and Administrative Expenses 0,4 0,5 0,6 0,3 0,4

Depreciation 0 0 0 0 0

Depreciation and Amortization 0 0 0 0 0

Depreciation, Amortization and Depletion 0 0 0 0 0

Write-Off 0 0 1,1 0,4 0,4

Special Income Charges 0 0 1,1 0,4 0,4

Other Taxes 0 0 - - -

Interest Expense - Operating 0 0 0 0 0

Net Operating Interest Income (Expense) 0 0 0 0 0

Total Operating Expense 0,6 0,6 2,1 0,8 0,8

Operating Income -0,6 -0,6 -2,1 -0,8 -0,8

Earnings from Equity Interest 0,2 -0,1 -0,3 -0,1 -

Miscellaneous Other Special Charges -0,4 0,4 -0,2 -0,7 -

Other Income (Expense) -0,2 0,3 -0,5 -0,5 -

Income Before Tax -0,8 -0,3 -2,7 -1,3 -0,8

Total Income Tax -0,1 -0,2 -0,1 0 -0,2

Income After Tax -0,7 -0,1 -2,6 -1,3 -0,7

Net Income from Continuing Operations -0,7 -0,1 -2,6 -1,3 -0,7

Net Income -0,7 -0,1 -2,6 -1,3 -0,7

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Sirios Resources Inc. – Interim Balance Sheet

Sirios Resources Inc

Interim Balance Sheet

[Standardized in USD Millions]

31-Mar-2016 31-Dec-2015 30-Sep-2015 30-Jun-2015 31-Mar-2015

Cash 0,4 0,5 1 0,6 0,2

Cash and Cash Equivalents 0,4 0,5 1 0,6 0,2

Short-Term Investments 0,1 0 0 0 0

Cash, Cash Equivalents and Short-Term Investments 0,4 0,5 1 0,7 0,2

Loans Receivable - - - 0 -

Taxes Receivable 0,1 0,1 0,1 0 0

Other Receivables 0,1 - 0 - 0

Total Receivables 0,2 0,1 0,1 0 0

Prepaid Assets 0 0 0 0 0

Total Current Assets 0,6 0,6 1,1 0,7 0,2

Mineral Properties 7 5,8 5,6 5,8 5,6

Machinery and Equipment 0,1 0 0 0,1 0

Leases - - - - 0

Property/Plant/Equipment - Gross 7,1 5,8 5,7 5,9 5,7

Accumulated Depreciation 0 0 0 0 0

Property/Plant/Equipment - Net 7,1 5,8 5,7 5,8 5,6

Long-Term Investments 0,3 0,3 0,3 0,3 0,5

Total Non-Current Assets 7,4 6,1 5,9 6,1 6,1

Total Assets 8 6,7 7 6,9 6,4

Payables 0,3 0,1 0,1 0,1 0

Current Provisions 0,2 0,2 0,2 0,3 0,2

Current Debt - - - 0 0

Current Debt and Capital Lease Obligation - - - 0 0

Other Current liabilities - - 0,2 0,2 0

Total Current Liabilities 0,6 0,4 0,5 0,6 0,3

Total Non-Current Liabilities - 0,1 - - -

Total Liabilities 0,6 0,4 0,5 0,6 0,3

Retained Earnings (Accumulated Deficit) -14,1 -13,1 -13,4 -14,4 -13,7

Additional Paid-In Capital 21,5 19,4 19,9 20,7 19,7

Stockholders' Equity 7,4 6,2 6,5 6,3 6

Total Equity 7,4 6,2 6,5 6,3 6

Total Liabilities and Shareholders &Equity 8 6,7 7 6,9 6,4

Net Tangible Assets 7,4 6,2 6,5 6,3 6

Working Capital 0,1 0,2 0,6 0,1 -0,1

Invested Capital 7,4 6,2 6,5 6,3 6,1

Total Debt - - - 0 0

Total Capitalization 7,4 6,2 6,5 6,3 6

Common Stock Equity 7,4 6,2 6,5 6,3 6

Total Common Shares Outstanding 75,1 67,2 57,4 57,4 51,9

Total Preferred Shares Outstanding - - 0,1 0,1 0,1

Shares Issued 75,1 67,2 57,4 57,4 51,9

Tangible Book Value 7,4 6,2 6,5 6,3 6

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Major competitors of Sirios Resources Inc.:

Critical Elements Corporation (Ticker: CRE)

Dios Exploration Inc.

Integra Gold Corp (Ticker: ICG)

Pelangio Exploration Inc. (Ticker: PX)

Investors of Sirios Resources Inc.:

Goldcorp Inc. (Ticker: G), Investor in Sirios Ressources

Osisko Royalties (TSX:OR)

Sirios Resources Inc.

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Goldcorp Inc

666 Burrard Street

Suite 3400

Vancouver, BC V6C 2X8

Canada

Business Description

Goldcorp Inc. is a gold producer engaged in the operation, exploration, development and acquisition of

precious metal properties in Canada, the United States, Mexico, and Central and South America. The

Company is engaged in the sale of gold, silver, lead, zinc and copper. The Company's segments include

Red Lake Gold Mines Ontario Partnership (Red Lake), Goldcorp Canada Ltd./Goldcorp Inc. (Porcupine),

Musselwhite, Les Mines Opinaca Ltee (Eleonore), Minera Penasquito S.A. de C.V. and Camino Rojo S.A. de

C.V. (Penasquito), Desarrollos Mineros San Luis S.A. de C.V. (Los Filos), Montana Exploradora de

Guatemala S.A. (Marlin), Oroplata S.A. (Cerro Negro), Corredor SpA (Project Corridor), Minera Alumbrera

Limited (Alumbrera), El Morro and Pueblo Viejo Dominicana Corporation (Pueblo Viejo). The Red Lake

Mines are situated approximately 180 kilometers north of the town of Dryden, District of Kenora,

northwestern Ontario.

Goldcorp Inc

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Goldcorp Inc – Share price

GG.N on New York Stock Exchange

19.68USD; 1 Jul 2016

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Goldcorp Inc – Interim Income Statement

Goldcorp Inc

Interim Income Statement

[Standardized in USD Millions]

31-Mar-2016 31-Dec-2015 30-Sep-2015 30-Jun-2015 31-Mar-2015

Period Length 3 Months 3 Months 3 Months 3 Months 3 Months

Operating Revenue 944 1072 1098 1188 1017

Total Revenue 944 1072 1098 1188 1017

Cost of Revenue 799 1083 1052 996 942

Gross Profit 145 -11 46 192 75

Exploration, Development and Mineral Property Lease 10 12 11 14 14

General and Administrative Expense 57 48 51 53 55

Selling, General and Administrative Expenses 57 48 51 53 55

Restructuring and M&A 23 - - - -

Non-Recurring Operation Expense 23 - - - -

Impairment of Capital Assets - 4906 - - -

Special Income Charges 23 4906 - - -

Total Operating Expense 54 4990 55 86 34

Total Expenses 889 6049 1114 1063 1011

Operating Income 91 -5001 -9 106 41

Interest Expense - Non-Operating 34 7 34 43 27

Net Non-Operating Interest Income (Expense) -34 -7 -34 -43 -27

Gain on Sale of Property/Plant/Equipment - - - 315 -

Gain on Sale of Security - - - 99 -

Miscellaneous Other Special Charges - -103 - 11 -

Other Income (Expense) -17 -103 -12 425 -24

Income Before Tax 40 -5111 -55 488 -10

Total Income Tax -40 -840 136 90 129

Income After Tax 80 -4271 -191 398 -139

Net Income from Continuing Operations 80 -4271 -191 398 -139

Net Income Available to Common Stockholders 80 -4271 -192 392 -87

Basic Average Shares 831 - 830,2 830 817

Diluted Average Shares 835 - 830,2 830 817

EBITDA 345 -4683 373 887 339

EBIT 74 -5104 -21 531 17

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Osisko Gold Royalties Ltd

1100, avenue des Canadiens-de-Montréal

Suite 300, P.O. Box 211

Montreal, QC H3B 2S2

Canada

Business Description

Osisko Gold Royalties Ltd (Osisko) is a Canada-based company engaged in the business of acquiring and

managing precious metal and other interests in Canada and across the world. The Company's assets

include the Canadian Malartic mine, located in Malartic, Quebec and Eleonore mine, located in the James

Bay area in Quebec. It invests in equities of exploration and royalty companies, as well as holds interest in

exploration and evaluation projects in over four prolific gold camps: the Abitibi Gold Belt, the James Bay

area, the Cariboo mining district and the Guerrero Gold Belt in Mexico. It holds interest in Vezza gold

property, which is located over 20 kilometers from Matagami, Quebec, and Cariboo Gold Project, which

covers an area of approximately 1,160 square kilometers. It owns a portfolio of royalties, options on royalties

and exclusive rights to participate in future royalty/stream financings on various projects, in Canada and the

United States.

Osisko Gold Royalties Ltd

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Osisko Gold Royalties Ltd – Share Price

OR.TO on Toronto Stock Exchange

17.44CAD; 4 Jul 2016

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Osisko Gold Royalties Ltd – Interim Income Statement

Osisko Gold Royalties Ltd

Interim Income Statement

[Standardized in USD Millions]

31-Mar-2016 31-Dec-2015 30-Sep-2015 30-Jun-2015 31-Mar-2015

Period Length 3 Months 3 Months 3 Months 3 Months 3 Months

Total Revenue 11,4 9,6 9 8,3 8,6

Gross Profit - 9,6 9 8,3 -

Exploration, Development and Mineral Property Lease 0,1 0,7 0,4 0,3 0,4

General and Administrative Expense 2,8 3,2 2,2 3,3 3,2

Selling, General and Administrative Expenses 2,8 3,2 2,2 3,3 3,2

Development Expense 1,6 2,6 1,7 1,3 3

Research and Development 1,6 2,6 1,7 1,3 3

Depletion 2,2 - - - -

Depreciation, Amortization and Depletion 2,2 - - - -

Special Income Charges - 0,1 - - -

Total Operating Expense 6,2 6,6 3,6 4,7 6,5

Total Expenses 6,2 6,6 3,6 4,7 6,5

Operating Income 5,2 3 5,4 3,6 2,1

Interest Income - Non-Operating 0,4 0,6 0,8 1 0,9

Interest Expense - Non-Operating 0,4 0,1 0,1 0,1 0,1

Net Non-Operating Interest Income (Expense) 0 0,4 0,6 0,9 0,8

Earnings from Equity Interest -0,7 -0,9 -0,4 -1,2 -0,3

Miscellaneous Other Special Charges -5,1 2,4 4,5 0,9 6,8

Other Income (Expense) -5,8 1,4 4,1 -0,3 6,6

Income Before Tax -0,6 4,9 10,2 4,3 9,5

Total Income Tax -0,6 1,5 2,7 1,1 1,2

Income After Tax -0,1 3,4 7,5 3,2 8,3

Net Income from Continuing Operations -0,1 3,4 7,5 3,2 8,3

Minority Interest 0 0 0 0,1 0

Net Income 0 3,5 7,6 3,2 8,3

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Disclaimer

The study is not intended as an offer to sell, or to solicit an offer to buy or form any basis of

investment decision for any class of securities of the company in any jurisdiction. All such

information should not be used or relied on without professional advice. The study is a brief

summary in nature and do not purport to be a complete description of the Company, its

business, its current or historical operating results or its future prospects.

This study contains forward-looking statements that involve risks and uncertainties. All

statements other than statements of historical facts are forward-looking statements. These

statements involve known and unknown risks, uncertainties and other factors that may cause

that actual results, performance or achievements to be materially different from those

expressed or implied by the forward-looking statements.

This study is provided without any warranty or representation of any kind, either expressed or

implied.