SIRIOS Resources Inc.

SIRIOS Resources Inc.

December 16, 2008 15:08 ET

Reimbursement of the $400,000 Loan From SIDEX, Limited Partnership

MONTREAL, QUEBEC, CANADA--(Marketwire - Dec. 16, 2008) - SIRIOS RESOURCES INC. (TSX VENTURE:SOI) announces the reimbursement of the $400,000 secured convertible loan completed in November with SIDEX, Limited Partnership.

The reimbursement which includes capital and interest was paid in cash today. The receipt by SIRIOS of the Quebec exploration tax credit allowed this reimbursement sooner than was expected.

SIRIOS is a mining exploration leader in James Bay, Quebec.

The Diversification of Exploration Investment Partnership (SIDEX Limited Partnership) was established by the Government of Quebec and the Solidarity Fund QFL. The mission of SIDEX is to invest in companies engaged in mineral exploration in Quebec.

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

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