Vior Inc.

Vior Inc.

December 19, 2007 11:36 ET

Vior Completes $150,000 Private Placement With SODEMEX II

QUEBEC CITY, QUEBEC--(Marketwire - Dec. 19, 2007) - Vior (TSX VENTURE:VIO)(FRANKFURT:VL5) is pleased to announce that it has closed a private placement totalling $150,000 with SODEMEX II, a limited partnership sponsored by the Caisse de depot et placement du Quebec, by issuing 1 million common shares of Vior at a price of $0.15 per share and 500,000 share purchase warrants. Each warrant will entitle the holder to purchase one common share at a price of $0.20 per share until December 14, 2008 and following that date, at a price of $0.25 per share until December 14, 2009. 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 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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