VIO.V · 2021-10-22 12:00:00

Officer and a director of Vior Inc. (the “Corporation”), announces that he has directly acquired on

Corporate Updates

MARK FEDOSIEWICH ACQUIRES SHARES OF VIOR INC.

Ottawa, Ontario, OCTOBER 22 , 2021 - Mark Fedosiewich (the “Acquiror”), President, Chief Executive

October 21, 2021, 375,000 common shares of the Corporation at a price of $0. 28 per common share in

the context of a private placement of flow-through common shares of the Corporation (the

“Transaction”).

Immediately prior to the closing of the Transaction, the Acquiro r held, directly or indirectly, (i) 7,390,000

common shares of the Corporation, representing 10.13% of the issued and outstanding common shares,

(ii) common share purchase warrants (“Warrants”) entitling the Acquiror to purchase up to 1,751,000

common shares of the Corporation and (iii) options (the “Options”) entitling the Acquiror to purchase up

to 1,180,000 common shares of the Corporation. Assuming the exercise of all Warrants and Options held

by the Acquiror, prior to the closing of the Transaction, th e Acquiror would have owned 10,321,000

common shares, representing, on a partially -diluted basis, 13.60 % of the Corporation’s common shares

that would have then been issued and outstanding.

Immediately following the closing of the Transaction, the Acquiro r together holds, directly or indirectly,

(i) 7,765,000 common shares of the Corporation, representing 9.92% of the issued and outstanding

common shares, (ii) Warrants entitling the Acquiror to purchase up to 1,751,000 common shares of the

Corporation and (iii) Options entitling the Acquiror to purchase up to 1,180,000 common shares of the

Corporation. Assuming the exercise of all Warrants and Options held by the Acquiror, following the

closing of the Transaction, the Acquiror would own 10,696,000 common sh ares, on a partially -diluted

basis, representing 13.17% of the Corporation’s common shares that would then be issued and

outstanding.

The Acquiror acquired the shares described in this press release for investment purposes and in

accordance with applicable securities laws, the Acquiror may, from time to time and at any time, acquire

additional shares and/or other equity, debt or other securities or instruments (collectively, “ Securities”)

of the Corporation in the open market or otherwise, and he reserves t he right to dispose of any or all of

his Securities in the open market or otherwise at any time and from time to time, and to engage in

similar transactions with respect to the Securities, the whole depending on market conditions, the

business and prospects of the Corporation and other relevant factors.

The shares described in this Press Release were directly acquired by Mark Fedosiewich.

A copy of the Early Warning Report to be filed by the Acquiror in connection with the Transaction

described above will b e available on SEDAR under the Corporation’s profile. This news release is issued

under the early warning provisions of the Canadian Securities Legislation.

For more information, contact:

Mark Fedosiewich

President, Chief Executive Officer and Director

Tel.: 613-898-5052