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DIOS EXPLORATION

TSX-V: DOS

March 22, 2012

DIOS EXPLORATION DISCOVERS THE FALARDEAU CARBONATITE, QC

MONTREAL, QUEBEC, CANADA– DIOS EXPLORATION reports the discovery of the Falardeau Carbonatite Complex, Saguenay, Quebec by diamond drilling of the Falardeau geophysical anomaly.

DIOS EXPLORATION generated niobium and rare earths exploration targets surrounding the Niobec Niobium mine, Saguenay, QC, using its expertise in diamond exploration. Almost all diamond mines are hosted within kimberlites, deep rooted volcanoes that came up from the mantle of the earth in clusters. Carbonatites are also deep rooted, though not as deep as kimberlites, and may use the same ways or structures to come up. The exploration team of DIOS thought the Saint-Honore carbonatite host to the Niobec mine might not be a stand alone event in the area. DIOS discovered the Shipshaw carbonatite complex two years ago and now reports the discovery of the Falardeau carbonatite, which seems a lot more altered, a good sign for niobium and rare earth potential.

This press release was prepared par M.J. Girard, M.Sc.Geo, 43-101 QP.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact : Marie-Jose Girard, President & CEO mjgirard@diosexplo.com Tel. : (514) 923-9123 Fax : (514) 510-7964 Website : www.diosexplo.com