MONTREAL, QUEBEC — (Marketwire) — 08/20/12 — KHALKOS EXPLORATION INC. ("Khalkos") (TSX VENTURE: KAS) and SIRIOS RESOURCES INC. ("Sirios") (TSX VENTURE: SOI) have cancelled the agreement announced on July 26 concerning Sirios- gold property Hipo, located in James Bay, Quebec. Both Boards of Directors judged that it would be more beneficial for each company to cancel the transaction.The Hipo property consists of 63 claims separated in three non-adjacent blocks located at a