MONTREAL, QUEBEC, CANADA--(Marketwire - April 26, 2011) - DIOS EXPLORATION INC. (News - Market indicators) reports that, following yearly Planning, an aggregate 950,000 incentive stock options was granted yesterday under Stock Option Incentive Plan to directors, officers and employees at an exercise price of $0.30 per share. Of these options, an aggregate 820,000 options have been granted to the Company's directors and officers. The options expire five (5) years from the date of grant, vest quarterly over an 18-month period, and are subject to the required four (4) month hold period and other applicable regulatory approvals. 

A major exploration budget is also planned for the coming year to be incurred on wholly-owned projects such as $920,000 for niobium and rare earths on Shipshaw, $600,000 for gold on AU33, $400,000 for gold and diamonds on 33 Carats and $300,000 for silver and IOCG on Hotish, mainly. DIOS is in a good financial position with its 3.2 M$ non-flow through working capital to pursue its exploration programs. DIOS focuses on its high potential research programs, without incurring any share capital dilution in the short term, to ensure some sort of upside leverage in case of discovery. DIOS has only some 38.4 million shares and no warrants outstanding.