Vior Inc.

Vior Inc.

June 16, 2009 10:02 ET

Vior to Sign Two Agreements

QUEBEC CITY, QUEBEC--(Marketwire - June 16, 2009) - (TSX VENTURE:VIO)(FRANKFURT:VL5) - Societe d'exploration miniere. Vior Inc. ("Vior" or the "Company") is pleased to announce that it has entered into two agreements.

Agreement with SDBJ

Vior has completed an agreement with the Societe de developpement de la Baie-James (SDBJ) pursuant to which SDBJ directly subscribes to a private placement of $100,000 in order to acquire 1,250,000 units of the Company. Each unit is comprised of one common share of Vior at a price of $0.08 per share, with a right to acquire an additional share at the price of $0.10 per share for the twelve months following the placement, and for $0.13 per share for the 12 - 24 month period following the closing. The placement allows Vior to advance its bulk sampling project at the deposit of the Douay Ouest property, while encouraging Vior's investment in the James Bay territory.

Agreement with Mr. Raynald Vezina

Vior has completed an agreement with Mr. Raynald Vezina pursuant to which Mr. Vezina will act as a management consultant in the preparation of a bulk sampling program on the Douay Ouest property. At the start of the bulk sampling program, where appropriate, Mr. Vezina will assist the personnel of Vior and manage the operations. Mr. Vezina is well known and respected in the Canadian mining industry. He was the former Vice-President of Operations at Cambior, and has successfully managed the development of many mines. Mr. Claude St Jacques, Vior's President, is very pleased that Mr. Vezina has joined Vior's team. Mr. Vezina brings with him an expertise essential to the fruition of Vior's projects.

Granting of Stock Options

The Company issued 350,000 stock options to Mr. Vezina on June 10, 2009, each with the right to acquire one capital share of the Company at the price of $0.10. These options are valid for a five-year period, 100,000 of which are exercisable at any time, and the remaining 250,000 exercisable after the completion of a bulk sample on the Douay Ouest property.


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

The TSX Venture Exchange (TSX Venture) does not accept responsibility for the adequacy or accuracy of this Press Release.

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