NEWS RELEASE TRANSMITTED BY CCNMatthews FOR: SIRIOS RESOURCES INC. TSX VENTURE SYMBOL: SOI JANUARY 30, 2004 - 10:50 ET SIRIOS RESOURCES INC.: New Escrow Agreement MONTREAL, QUEBEC, CANADA--SIRIOS RESOURCES INC., an established issuer, has executed yesterday a new agreement amending the escrow conditions with regard to 450,000 Common Shares of the Corporation held by Mr. Dominique Doucet. The new release conditions are as follows: /T/ % of Escrowed Common Number of Date Shares Released Shares --------------------------------------------------------------------- April 1st, 2004 25 % 112,500 October 1st, 2004 25 % 112,500 April 1st, 2005 25 % 112,500 October 1st, 2005 25 % 112,500 TOTAL : 100 % 450,000 --------------------------------------------------------------------- /T/ Furthermore, the Board of Directors wants to thank Mr. Michel Perron who recently resigned from the Board. Mr. Perron contributed positively to the governance of Sirios between 1995-1996 and 2000-2004. The Board is presently studying new opportunities to name a new independent director.For more information:
Dominique Doucet, CEO
ddoucet@sirios.com
Phone: 514-510-7961
