MONTREAL, QUEBEC, CANADA--(MARKET WIRE)--Oct 22, 2007 -- SIRIOS RESOURCES INC. (CDNX:SOI.V - News) announces that it has closed through Becher McMahon Capital Markets Inc. (the "Agent") a brokered private placement for gross proceeds of $ 2,000,000. A total of 6,666,666 Flow-Through Shares of SIRIOS at a price of $0.30 were issued.

This offering was made to accredited investors, within the meaning of National Instrument 45-106, residing in the Provinces of Ontario, and Quebec, in reliance upon applicable exemptions from registration and prospectus requirements.

All securities issued pursuant to this offering are subject to a hold period of four months from the date of closing. An aggregate cash commission equal to 8% of the gross proceeds, as well as broker warrants entitling the purchase, for a period of 24 months following the closing, of 666,666 Common Shares at a price of $0.30 per Share, was paid by the Corporation to the Agent and its duly appointed sub-agent(s).

The proceeds from this placement will be used by SIRIOS to incur exploration expenses in the James Bay Area of Quebec mainly on its PONTAX (silver-zinc) and TILLY (molybdenum) properties that qualify as Canadian exploration expenditures. Please refer to the SIRIOS' web site for additional information on those properties.

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

     Contacts:
     Sirios Resources Inc.
     Mr.  Dominique Doucet, P.Eng., Pres.
     President
     514-510-7961
     514-510-7964 (FAX)
     ddoucet@sirios.com
     http://www.sirios.com
      
     Becher Mcmahon Capital Markets Inc.
     Mr. Campbell Becher
     President
     647-426-1657
     647-426-1661 (FAX)
     campbell @bmcapitalmarkets.com
     http://www.bmcapitalmarkets.com