Vior Inc.

Vior Inc.

December 21, 2006 16:00 ET

Vior Completes $100,000 Private Placement with Sodemex II

QUEBEC CITY, QUEBEC--(CCNMatthews - Dec. 21, 2006) - Vior Inc. (TSX VENTURE:VIO) is pleased to announce that it has closed a private placement totalling $100,000 with Sodemex II, a limited partnership sponsored by the Caisse de depot et placement du Quebec, by issuing 555,556 common shares of Vior at a price of $0.18 per share and 277,778 share purchase warrants, each warrant entitling the holder to purchase one common share at a price of $0.23 per share until December 19, 2008. The common shares and the attached warrants are subject to a four-month hold period from the closing. The net proceeds of this private placement will be used for working capital purposes.


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. Inco Limited is the largest shareholder of Vior with a 14.7% interest.

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

Contact Information