Vior Inc.

Vior Inc.

February 19, 2007 10:58 ET

Vior Completes $1 Million Non-Brokered Private Placement With European and Canadian Investors

QUEBEC CITY, QUEBEC--(CCNMatthews - Feb. 19, 2007) - Vior Inc. (TSX VENTURE:VIO) has completed a non-brokered private placement of 5 million units of the company at a price of $0.20 per unit with three placees. Each unit shall consist of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder to purchase one common share at $0.25 per share until February 14, 2009.

In connection with the private placement, Vior issued 500,000 finder's fee units, each unit consisting of one common share of the company and one non-transferable share purchase warrant. Each non-transferable warrant shall be exercisable at any time for one common share of the company at a price of $0.25 per share until February 14, 2009. The securities issued pursuant to this private placement are subject to a hold period which expires on June 14, 2007.

The net proceeds of the offering will be used for continued exploration and development of the Douay deposits and for general working capital purposes.

Further to the TSX Venture Exchange bulletin dated Feb. 2, 2007, with respect to a non-brokered private placement, the number of flow-through units issued pursuant to the private placement should have read 430 flow-through units and not 430,000 flow-through units. The other information in the company's bulletin dated Feb. 2, 2007, remains unchanged.


Vior is a Quebec-based exploration company whose strategy is to explore and develop gold and base metal properties in proven and accessible mining areas. 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 some of the best mining areas of Quebec. CVRD 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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