Vior Inc.
TSX VENTURE : VIO
FRANKFURT : VL5

Vior Inc.

July 26, 2011 14:44 ET

Vior Shareholders Approve Transaction With Aurvista

QUÉBEC CITY, QUÉBEC--(Marketwire - July 26, 2011) - Société d'exploration minière Vior Inc. ("Vior" or the "Corporation") (TSX VENTURE:VIO)(FRANKFURT:VL5) is pleased to announce that at it's special meeting of shareholders held on July 20th in Québec city, the shareholders of Vior approved by a majority of 99.96% the special resolution authorizing the sale to Aurvista Gold Corporation ("Aurvista") of Vior's remaining 50% interest in the Douay project (for more information on the transaction, see Vior's information circular dated May 25, 2011 available on SEDAR at www.sedar.com).

The transaction with Aurvista is expected to close shortly and is conditional upon, among other things:

  • receipt of the required regulatory approvals;
  • the completion of Aurvista's initial public offering for minimum proceeds of $2,000,000; and
  • the listing of Aurvista's common shares on the TSX venture Exchange.

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.

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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