Sirius Exploration PLC

LSE : SXX


March 01, 2010 02:00 ET

Sirius Exploration PLC Joins OTCQX

For immediate release:  1 March 2010, 7AM

                                          Sirius Exploration PLC
                                                     
                                        ("Sirius" or "the Company")
                                                     
                                    Sirius Exploration PLC Joins OTCQX

The  Directors  of  Sirius  Exploration PLC (AIM: SXX, OTCQX: SRUXY), the mining  and  exploration  company
focused  on  salt  and  potash deposits in North America and Australia, are pleased to  announce  that  the
Company has chosen to list its American Depositary Receipts (ADRs) on OTCQX®. Sirius's ADRs were previously
trading on the Pink Sheets market tier of the U.S. OTC market.

Trading  of  Sirius  Exploration's ADRs on the OTC market's prestigious tier,  OTCQX  International,  began
today.   Investors can find current financial disclosure and real-time Level 2 quotes for  the  company  on
www.otcqx.com and www.otcmarkets.com.

Deutsche  Bank,  which  acts  as  Depositary for Sirius Exploration's ADR program,  will  serve  as  Sirius
Exploration's  Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance  on  listing
requirements.

--ENDS--

Enquiries:

Sirius Exploration PLC
Richard Poulden, Chairman                          Tel: + 971 504 524 994
Richard.poulden@siriusexploration.com

Daniel Stewart & Company plc
Simon Leathers/Oscar Louzada                       Tel: + 44 (0) 20 7776 6550
Oscar.Louzada@danielstewart.co.uk

Beaumont Cornish
Roland Cornish                                     Tel: + 44 (0) 20 7628 3396

Gth Media Relations
Toby Hall/Christian Pickel                         Tel: + 44 (0) 20 7153 8036

Notes to Editor:

Sirius  Exploration  Plc  is  focused on commercialising properties that sit over  known  salt  and  potash
deposits  through  a combination of mining and developing energy and CO2 storage related projects  for  its
properties.   The  Company's operations include interests in properties that overlie significant  salt  and
potash deposits in North American and Australia.

To  this  end, Sirius has acquired the Intellectual Property and the issued share capital of three research
and  development  companies focused on innovative new technologies for developing its properties  post  the
mining  phase.   These technologies cover storing CO2 in the salt caverns created through solution  mining,
approaches  for  safely sequestering CO2 in underground salt beds, and the development  of  new  CO2  based
Compressed Air Energy Storage facilities for generating electricity.

Sirius  also continues, for the time being, to maintain its historic copper and gold interests in Macedonia
and iron ore interest in China via its equity position in a CIC Mining Resources Ltd vehicle.

Incorporated  in  October  2003 as a private company, Sirius Exploration subsequently  re-registered  as  a
public  company on 22 March 2005 when it was admitted to AIM. The Company's shares are additionally  traded
in North America as American Depository Receipts "ADR's" on OTCQX, the premier tier of the U.S.OTC market.

For more about Sirius Exploration, visit http://www.siriusexploration.com.


Contact Information

  • Sirius Exploration Plc