QUÉBEC, CANADA--(Marketwire - Aug. 16, 2012) - SOCIÉTÉ D'EXPLORATION MINIÈRE VIOR INC. (TSX VENTURE:VIO)(FRANKFURT:VL5) announces that, subject to the TSX Venture Exchange approval, Vior will issue 3,179,016 common shares at deemed price of $0.05 per share to Fonds de solidarité FTQ Nord du Québec ("FTQ") representing the interest and principal due (totalling $158,950.82) as of August 12, 2012, pursuant to a private placement by way of convertible debenture in the principal amount of $150,000 on August 12, 2009, that bears interest at the rate of 12% per annum, payable semi-annually in cash or in common shares from Vior's capital stock.
Erratum
Our press release of July 19, 2012, should have read 2,119,344 common shares at deemed price of $0.05 rather than 2,394,739 common shares at deemed price of $0.04425.
Profile
Vior is a growing mining company focused on developing its properties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contact Information:
President
418 692 2678
cstjacques@vior.ca
www.vior.ca
SEDAR: Societe d'exploration miniere Vior inc.