Sidon Int'l Resources

2010-09-14 20:53 ET - News Release

Mr. Kamal Alawas reports

SIDON'S $1,200,000 PRIVATE PLACEMENT

Sidon International Resources Corp.'s private placements for the sale of 12 million units, raising a total of $1.2-million, have been fully subscribed. Each unit offered at 10 cents per unit consists of one common share of the company and one share purchase warrant, and each share purchase warrant shall have a two-year term from the date of issuance for the purchase of one further common share of the company at the exercise price of 15 cents in the first year and thereafter 20 cents in the second year.

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