Sirios and Khalkos Sign an Agreement on the Hipo Property

MONTREAL, QUEBEC–(Marketwire – July 26, 2012) – KHALKOS EXPLORATION INC. (“Khalkos”) (TSX VENTURE:KAS) and SIRIOS RESOURCES INC. (“Sirios”) (TSX VENTURE:SOI) have signed an agreement allowing Khalkos to acquire a 50% interest in Hipo, Sirios’ new property with gold potential, located in James Bay, Quebec. Khalkos may obtain a first 20% interest by incurring fieldwork for $192,000 on the property in 2012 and repaying Sirios $8,000, consisting of the claim acquisition costs. Moreover, Khalkos can increase its interest to up to 50% by completing additional fieldwork for a cumulative total of $500,000 by December 31, 2014. Sirios will keep the operatorship of the project.