NEWS RELEASE TRANSMITTED BY CCN NEWSWIRE
FOR: SIRIOS RESOURCES INC.
CDNX SYMBOL: SOI
JANUARY 31, 2002 – 10:01 EST
SIRIOS: DIOS’ Share Distribution Ratio Specified to
MONTREAL, QUEBEC, CANADA–As previously released on January 24,
2002, SIRIOS RESOURCES INC. confirms the distribution of 1,972,220
Common Shares of DIOS EXPLORATION INC. (CDNX: DOS) to SIRIOS’
registered shareholders at the close of business on February 4,
2002. The SIRIOS’ Common Shares will trade today and thereafter on
an ex-dividend basis and DIOS’ Common Shares are now listed for
trading on CDNX. SIRIOS’ Shareholders will receive exactly 0,0804
DIOS’ Common Share for each SIRIOS’ Common Share held. For
instance, for each 100 SIRIOS’ Common Shares block, their holder
thereof shall be entitled to receive 8 DIOS’ Common Shares. No
fraction of share will be issued and the number of shares shall be
rounded up. Share certificates shall be delivered on or around
February 11, 2002.
After the close of business on the Record Date, 24% of DIOS’
issued and outstanding Common Shares will be held by SIRIOS
(1,292,591 Common Shares) which will be its major shareholder.
Granted the Prospector of the Year Award by the QPA for its gold
and base metals discoveries in the James Bay area., SIRIOS is one
of the most dynamic mining exploration companies in Quebec.
SIRIOS has 24,527,577 Common Shares issued and outstanding trading
on CDNX under the ticker SOI.
A major player in the Eastern Canada Diamond Play, DIOS holds
directly more than 405,000 acres (164,150 hectares) of high
potential properties for diamond discovery in the Superior Craton.
DIOS’ team is looking forward to the future as DIOS is getting
listed today January 31, 2002, under the ticker DOS on CDNX, with
5.4 million shares issued and outstanding.
For more information:
Dominique Doucet, CEO