SIRIOS to Spin Off Subsidiary Into a Public Company

MONTREAL, QUEBEC–(Marketwire – Feb. 22, 2011) – SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces its intention to spin-off its wholly-owned subsidiary into a publicly traded company. Sirios plans on first transferring to the subsidiary its projects that are mainly focused on metals such as lithium, copper-gold, molybdenum, uranium, and zinc, in exchange for share capital. Afterwards, Sirios will…