Vior: Shares Issued to Fonds de Solidarite FTQ

20.02.2012  |  Marketwired

QUEBEC, CANADA -- (Marketwire) -- 02/20/12 -- SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE: VIO)(FRANKFURT: VL5) announces that, subject to the TSX Venture Exchange approval, Vior will issue 144,031 common shares at deemed price of $0.063 per share to Fonds de solidarite FTQ Nord du Quebec ('FTQ') representing the interest due (totalling $9,073,97) as of February 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 of in common shares from Vior's capital stock.

Profile

Vior is a growing mining company focused on developing its properties.

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

Contacts:

Claude St-Jacques

President

418 692 2678
cstjacques@vior.ca
www.vior.ca

SEDAR: Societe d'exploration miniere Vior inc.