Vior Inc.

Vior Inc.

December 18, 2007 16:37 ET

Vior Elects Directors and Grants Stock Options

QUEBEC CITY, QUEBEC--(Marketwire - Dec. 18, 2007) - Vior (TSX VENTURE:VIO)(FRANKFURT:VL5) held its annual meeting on December 14, 2007 and re-elected Claude St-Jacques, Carl DeLuca, Pierre St-Jacques and Patrick Bradley to the board of directors. Andre Gaumond, president of Virginia Mines has retired from the board, but will continue to serve the company in the capacity of technical and special advisor. The board of directors and management of Vior wishes to thank Mr. Gaumond for his contribution to the company for more than a decade.

Mr. Jean Pelletier was elected to the board of directors by Vior's shareholders in replacement of Mr. Gaumond. Mr. Pelletier is a member of the Ordre des comptables agrees du Quebec and the Canadian Institute of Chartered Accountants. From 1970 to 2000, he worked at PriceWaterhouseCoopers and became Associate in 1981. He specialized in the auditing of manufacturing, mining and technological companies. From 2001 to 2005, he was involved with Groupe Hauts-Monts Inc. and since 2006, acts as special counsel to Groupe Ocean Inc.

As per Vior's stock option plan, the company has granted 665,000 options to its directors, 95,000 options to its officers and 80,000 options to its suppliers. These incentive stock options are exercisable on or before Dec. 16, 2012 at a price of $0.14 per share.


Vior is a growing mining company focused on acquiring and developing high quality, low risk gold and base metal resource prospects in accessible mining areas of Quebec. The Company wholly owns the Douay West gold project which is at a pre-feasibility stage and other gold and base metal exploration interests in prime locations. The Company is aggressively pursuing opportunities to develop working interests in mineral properties that offer significant upside exploration potential. Vale Inco Limited is the largest shareholder of Vior with a 12% interest.

The TSX Venture Exchange (TSX Venture) does not accept responsibility for the adequacy or accuracy of this Press Release.

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