Mr. Dominique Doucet reports

SIRIOS RESOURCES INC.: CLOSING OF PRIVATE PLACEMENTS FOR $677,610

Sirios Resources Inc. has completed the closing of non-brokered private placements for an amount of $677,610. A sum of $477,610 was collected by the issuance of units while an additional amount of $200,000 came from the issuance of flow-through shares.

A total of 6,823,001 units were issued and a total of two million flow-through shares at 10 cents per share were subscribed. Each unit, sold at seven cents, is composed of a common share and half a warrant of Sirios. Each warrant entitles its holder to subscribe for one common share at 10 cents for a period of 12 months after the closing date. A director of the company participated in the placement for an amount of $1,000.

Finders' fees of $13,480 were paid for the financing. In addition, Sirios issued finder warrants, entitling holders to purchase 68,400 common shares at 10 cents for a period of 12 months after the closing date.

There will be a hold period of four months and one day on all securities issued under these financings. The TSX Venture Exchange has conditionally approved the private placements.

The proceeds of these placements will mainly be used by Sirios for exploration fieldwork on its Cheechoo gold project, neighbour of the Eleonore gold mine of Goldcorp located in James Bay, as well as for general purposes.