Vior Inc.

Vior Inc.

March 19, 2009 10:55 ET

Vior Completes Two Private Placements and Welcomes a New Board Member

QUEBEC CITY, QUEBEC--(Marketwire - March 19, 2009) - (TSX VENTURE:VIO)(FRANKFURT:VL5) - Societe d'exploration miniere Vior inc. ("Vior") is pleased to announce the closing of a private placement of $99,960 $ with SODEMEX II, accredited investors and a director, through the issuance of 1,249,500 common shares of Vior at a price of $0.08 per share and 624,750 warrants. Each warrant entitles its holder to purchase one share at a price of $0.10 until March 18, 2010, and thereafter at a price of $0.15 per share until March 18, 2011. The common shares and the attached warrants are subject to a hold period ending on July 19, 2009. Net proceeds from this placement will be used for general working capital purposes.

Vior also announces the closing of a private placement of $150,000 with accredited investors through the issuance of 1,250,000 flow-through common shares at a price of $0.12 per share. Net proceeds (5% finder's fee deducted) will be used to finance exploration on the company's properties.

Furthermore, Vior is pleased to welcome Mr. Jean-Francois Ouellete to its Board. Mr. Ouellette holds a Geology degree from the Universite du Quebec in Montreal and counts more than 20 years of experience in mining exploration. After several years of working as a project geologist and an exploration manager for the Vior-Mazarin mining group, he started his own company, Services Techniques Geonordic Inc., a consultancy firm specializing in mineral exploration in northern territorries. Mr. Ouellette is co-recipient of the Bill Dennis Award, prospector of the year, awarded by the PDAC for the discovery of the Eleonore gold deposit. He is currently serving as Vice-President of the Quebec Mining Exploration Association.


Vior is a growing mining company focused on developing its properties. The company wholly owns the Douay Ouest gold project and other mineral properties.

Sedar: Societe d'exploration miniere Vior inc.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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