News

November 18, 2021 – Vior Inc. (“Vior” or the “Corporation”), (TSX-V: VIO, FRANKFURT: VL51) is pleased to announce that it has begun its initial Phase 1 5,000-metre (“m”) drill program at its promising high-grade Belleterre gold project (“Belleterre”) in the Abitibi-Témiscamingue region of Quebec, located 95 kilometeres (“km”) south of Rouyn-Noranda, Quebec.

Vior is pleased to announce that it has completed the closing of a non-brokered private placement by issuing a total of 5,327,628 flow-through common shares at $0.28 per share, for total gross proceeds of $1,491,736. The securities issued in the private placement are subject to a four-month hold period expiring on February 22, 2022.

Vior is pleased to announce field exploration results that demonstrate the high-grade gold potential at its district-scale Belleterre gold project (“Belleterre”) in the Abitibi-Témiscamingue region of Quebec.

Vior is pleased to announce that it has executed a Letter of Intent with SOQUEM Inc., a subsidiary of Investissement Québec. The LOI consists of an exchange of mining interests, whereby, Vior will transfer its 42.3% interest in the Domergue properties (SOQUEM 57.7% - Vior 42.3%) in exchange for SOQUEM’s transferred interest in its Verneuil properties (100% - SOQUEM).

Vior is pleased to announce that it has entered into an Option Agreement with Osisko Mining Inc. for their Blondeau-Guillet gold property in the Belleterre region of Abitibi-Témiscamingue, located 95 km south of Rouyn-Noranda, Quebec. The Property consists of 74 claims covering 3,573.65 hectares (35.74 sq km) and adjacent to Vior’s existing district-scale land package now totalling 531 claims covering 29,129.48 hectares (291.30 sq km).

Vior is pleased to announce that it has begun an extensive summer field exploration program at its Belleterre and Skyfall gold projects in Quebec. Vior is also pleased to report the strengthening of its exploration team.

Vior announces that, subject to regulatory approval, it has retained David Jan Consulting to provide investor relations services. Jan will be remunerated on an hourly basis for his services subject to a maximum of $3,000 per month. In addition to his hourly contract rate, Vior will grant Jan 100,000 stock options at an exercise price of $0.22 per share, exercisable for a period of 5 years and vesting as to 1/4 of the options granted every three months.

Vior is pleased to announce that it has concluded a termination and release agreement with Ethos Gold Corp whereby Ethos has accepted to renounce to all of its rights under the Earn-in Agreement dated June 26, 2019 on the Ligneris project in Abitibi, Quebec. Vior retains a 100% interest in the District Scale Ligneris Project with no royalties outstanding on the project.

Vior announces that it has granted 120,000 stock options to MI3 Communications Financières Inc., a firm that provides Investor Relation services to the Corporation. These stock options have been granted in accordance with Vior’s stock option plan, at an exercise price of $0.22 per share for a period of 5 years and vest as to 1/4 of the options granted every 3 months.

Vior is pleased to announce the second closing of its financing previously announced on March 17, 2021 through the issuance of 7,600,000 units at a price of $0.20 per unit for gross proceeds of $1,520,000. The total gross proceeds of the Offering to Vior is $2,400,000.

Vior is pleased to announce the closing of the Strategic Investment with Osisko Mining Inc. announced on March 17, 2021, for total gross proceeds of $880,000 through the subscription of 4,400,000 units at a price of $0.20 per unit.

Vior is pleased to announce a non-brokered private placement of units of the Corporation at a price of $0.20 per Unit for total gross proceeds of up to $2,100,000 including a strategic investment from Osisko Mining Inc. in the amount of $880,000.

Vior is pleased to report high gold grain counts in samples from its first reconnaissance till sampling program conducted in this area in the fall of 2020. The Skyfall project is located approximately 150 kilometres east of Lebel-sur-Quevillon and 75 kilometres south of Chapais, Quebec.

Vior is pleased to announce the signing of an option agreement for the acquisition of 100% of the mining titles of the former high-°grade Belleterre gold mine, as well as the significant addition of an exploration land package extending over a strike length of 37 kilometers in the Belleterre area, located 95 kilometers south of Rouyn-Noranda, Quebec.

Vior is pleased to report the acquisition, through purchase agreements and map designation, of 100% interest in 119 additional claims at the Skyfall project, thereby expanding its land position to 456 claims covering a total surface area of 25,280 hectares. The Skyfall project is located in the eastern part of the Urban-Barry gold belt, approximately 150 kilometres east of Lebel-sur-Quevillon and 75 kilometres south of Chapais, Quebec.

Vior is pleased to announce that it has entered into an Option Agreement dated January 28, 2021, with Les Mines J.A.G. Ltd, to acquire 100% of the rights and interests in their Belleterre Project, located 95 km south of RouynNoranda, Quebec.