SOURCE: Sidon International Resources Corporation

January 31, 2011 09:14 ET

Sidon Director's $125,000 1st Tranche Private Placement

VANCOUVER, BC--(Marketwire - January 31, 2011) -

Sidon International Resources Corporation / Sidon Director's $125,000 1st Tranche Private Placement Processed and transmitted by Thomson Reuters. The issuer is solely responsible for the content of this announcement.

Vancouver, BC. January 31, 2011

Sidon International Resources Corporation (the "Company") wishes to announce its private placement with Souhail Abi-Farrage, a director of the Company, for 892,857 units raising a total of $125,000 at the price of $0.14 per unit. Each unit shall comprise of one common share of the Company and one share purchase warrant having a five year term from the date of issuance for the purchase of one further common share of the Company at the exercise price of $0.15.

This private placement is subject to approval by the TSX Venture Exchange.

Sidon International Resources is a junior exploration company currently focussing on the exploration and development of its hard rock and placer gold properties in Tanzania.


Kamal Alawas

President and Director

We seek safe harbor

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Sidon International Resources Corporation PO Box 1191 Everett United States

Listed: Open Market (Freiverkehr) in Frankfurter Wertpapierbörse;

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Source: Sidon International Resources Corporation via Thomson Reuters ONE


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