DIOS EXPLORATION INC.
TSX VENTURE : DOS

DIOS EXPLORATION INC.

December 13, 2006 13:57 ET

DIOS: Pivate Placement

MONTREAL, CANADA--(CCNMatthews - Dec. 13, 2006) - DIOS EXPLORATION INC. (TSX VENTURE:DOS) completes today a private placement for gross proceeds of $261,450 consisting of a total of 249 units at a price of $1,050 per unit with accredited investors.

Each unit consists of 3,500 flow-through shares and 1,750 half-warrants. A whole warrant entitles its holder thereof to subscribe for one Common Share of DIOS at a price of 35 cents for a period of one year and at 38 cents for another year. A finder's fee of $4,620 is payable on part of the placement. All securities issued under this private placement are subject to a four-month hold period.

DIOS welcomes this investment group to participate in its continuous growth. The proceeds of this placement will be allocated to the coming exploration work on DIOS' PONTAX property, James Bay Quebec, Canada.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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