Vior: Closing of a Private Placement and Update on Exploration Activities

QUÉBEC, CANADA--(Marketwire - Dec. 21, 2012) - SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO)(FRANKFURT:VL5)

Closing of a private placement of $100,045

Vior (TSX VENTURE:VIO)(FRANKFURT:VL5) announces that it has completed a private placement of $100,045 with qualified investors pursuant to which VIO issued 1,819,000 flow-through units at a price of $0.055 per unit.

In the placement, Vior has paid a fee of intermediation of $ 2,000.90. The securities issued in the framework of the placement are subject to a hold period of four months expiring April 21, 2013.

The proceeds of this offering will be allocated to exploration work on the properties of the Company in Québec.

Up-date on exploration activities

Beauchastel

Vior Inc. (TSX VENTURE:VIO)(FRANKFURT:VL5) recently signed a letter of intention with Falco Pacific Resource Group (TSX VENTURE:FPC) to sell 100% interest of the 34-claim (1,331 Ha) Beauchastel property. General terms of the acquisition are for Falco Pacific to pay Vior $100,000 and issue 150,000 common shares, subject to a pooling agreement, on closing of the agreement. Vior will retain an NSR varying between 1% and 2% on various claims, with no buy-back below 1%. The transaction is subject to completion of a definitive agreement with Falco Pacific and approval of the TSX-V Exchange.

Other properties

Vior has also recently completed a till sampling survey as well as a limited B-horizon soil sampling survey on its respectively, Ligneris and Vezza-Noyard properties. The purpose of those surveys was to identify new gold exploration targets which will be followed-up in the field in 2013. The two properties are wholly-owned by the Company. Results are pending.

This press release was reviewed by Mr. Marc L'Heureux who is the Company's Qualified Person under National Instrument 43-101.

Profile

Vior's strategy is to generate, explore and develop quality projects in the best proven an accessible mining areas. Vior owns approximately 34% of the share capital of Aurvista Gold Corp. (TSX VENTURE:AVA), the owner of the gold Douay project, which contains a NI43-101 compliant Mineral Resource of 114,652,000 million tonnes at 0.75 g/t gold (2.8 million ounces of gold) in the Inferred category and 2,689,000 tonnes at 2.76 g/t gold (238,433 ounces of gold) in the Measured and Indicated category, at a cut-off of 0.3 g/t gold.