Vior Inc.
TSX VENTURE : VIO
FRANKFURT : VL5

Vior Inc.

July 07, 2011 09:30 ET

Vior Postpones Special Meeting of Shareholders to July 20th, 2011

QUEBEC CITY, QUEBEC--(Marketwire - July 7, 2011) - Société d'exploration minière Vior Inc. ("Vior" or the "Corporation") (TSX VENTURE:VIO)(FRANKFURT:VL5) announces that in light of the recent postal strike which ended on June 25, 2011, it obtained today from the Superior Court of Québec (the "Court") an order under the Business Corporation Act (Québec) (the "Order") authorizing the postponement of its special meeting originally scheduled for July 8, 2011 to July 20, 2011 at 10:00 am at the Auberge Saint-Antoine located at 8 rue Saint-Antoine in Québec city (the "Meeting"). The purpose of the Meeting is to obtain the approval of shareholders to a special resolution authorizing the sale of Vior's remaining interest in the Douay project to Aurvista Gold Corporation ("Aurvista") (see Vior's press releases dated March 9, March 30, and May 26, 2011 for more information on the proposed transaction with Aurvista).

The Order has also authorized the mailing of a notice of postponement to all shareholders of Vior as at May 25, 2011, being the original record date for the Meeting.

Given the recent postal strike, management believes that it is important that all Vior shareholders receive the notice of meeting, management information circular (the "Circular") and proxy (collectively, the "Meeting Materials") prepared in connection with the Meeting and have sufficient time to consider the proposed transaction. "This transaction is in the best interest of Vior and its shareholders, and it is important that we do everything thing we can in light of the recent events to maximize shareholder participation at the special meeting" said Claude St-Jacques, President of Vior.

Copies of the Meeting Materials and the notice of postponement are available under Vior's profile on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com. Vior has also posted a link to the Meeting Materials on its website at www.vior.ca. Shareholders are encouraged to access and review electronic copies of the Meeting Materials on these websites, to carefully consider the information therein and to vote at the Meeting either in person or by proxy.

Shareholders are not required to be present at the Meeting and can exercise the voting rights attached to their common shares of Vior (the "Vior Shares") in advance of the Meeting. The Order acknowledged the proxies received to date by Vior and has declared them to be valid for the revised date of the Meeting. The Order also validated, for the purposes of the revised date of the Meeting, the form of proxy sent for the original Meeting date to Vior shareholders as at May 25, 2011. Shareholders may therefore use the form of proxy received for the original Meeting.

All proxies must be submitted to the Corporation's registrar and transfer agent, CIBC Mellon Trust Company ("CIBC Mellon"), such that they are received at least 48 hours (excluding Saturdays, Sundays and statutory holidays in the Province of Québec) preceding the time of the revised date of the Meeting or any adjournment(s) or postponements thereof.

Shareholders of the Corporation can also submit their proxies as follows:

Registered Shareholders

You are a registered shareholder if you hold share certificates registered in your name.

By facsimile – Complete the form of proxy, sign and date it and fax it to CIBC Mellon, Attention: Proxy Department at 416.368.2502 or toll-free (within North America) at 1.866.781.3111.

By appointing a representative (who need not be a shareholder of the Corporation) to attend the Meeting for you and vote your Vior Shares – Strike out the names of the persons designated in the form of proxy. Insert the name of the person you are appointing in the blank space provided for that purpose. Complete your voting instructions, sign and date the form.

Beneficial Shareholders

You are a beneficial shareholder if your Vior Shares are held on your behalf by a broker, financial institution, trust company, securities dealer or other intermediary.

Beneficial shareholders should contact the broker, financial institution, trust company, securities dealer or other nominee that holds their Vior Shares, as each intermediary has its own form of proxy return instructions.

Profile

Vior is a mining exploration company focused on developing its properties. The company owns 50% of the Douay gold project and other mineral properties.

SEDAR: Société d'exploration minière Vior inc.

Neither the 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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