Quebec Rare Earth Elements Corp (QQREF)

[lavalung]

NEWS RELEASE

COMPLETION OF $1.3 MILLION PRIVATE PLACEMENT

October 5, 2010 Symbol: SD

Sidon International Resources Corporation (the “Company”) is pleased to announce the closing of the
private placement of 13,000,000 units which was announced in the Company’s news release dated August
26, 2010 and September 17, 2010, where each unit consists of one common share of the Company and
one share purchase warrant having a two year term at the exercise price of $0.15 per share for the first
year and thereafter $0.20 per share for the second year. The Company granted a total of 186,130 common
shares and $8,000 cash as part of the finder’s fee payable in connection with the private placement.

All of the shares issued under the private placement and issuable pursuant to the exercise of the share
purchase warrants are subject to a four-month hold period expiring January 25, 2011.

We seek safe harbor.


SIDON INTERNATIONAL RESOURCES CORPORATION

ON BEHALF OF THE BOARD

Per: “Kamal Alawas”
Kamal Alawas, President and Director