Vior Adds to Property Package at Skyfall
VIOR ADDS TO PROPERTY PACKAGE AT SKYFALL
MONTREAL, CANADA, September 09, 2022 - VIOR INC. (“Vior” or the “Corporation”), (TSX-
V: VIO, OTCQB: VIORF and FRANKFURT: VL51) is pleased to announce that it has executed a
Purchase Agreement (the “Agreement”) with Osisko Mining Inc. (“Osisko”), a non arms -length
party, to acquire from Osisko a 100 -percent interest in 83 claims covering approximately 4,682
hectares next to its Skyfall project, in consideration for the issuance of 107,142 common shares of
Vior. Certain claims associated with this Agreement are subject to a 1% Net Smelter R eturn
(“NSR”) royalty, related to a previous transaction with Osisko Gold Royalties Ltd. This transaction
is subject to regulatory approval by the TSX Venture Exchange and the securities to be issued
under the Agreement will be subject to a four (4) months and 1 day hold period under applicable
securities laws.
The entering into the Agreement is considered to be a related party transaction under Multilateral
Instrument 61-101 – Protection of Minority Security Holders in Special Transaction s (“MI 61-
101”), but is exempted from the requirements to obtain a formal valuation and to obtain minority
approval under MI 61-101. Indeed, Vior is relying on exemptions from the formal valuation and
minority shareholder approval requirements provided under sections 5.5(a) and 5.7(1)(a) of MI
61-101 as the consideration payable by Vior under the Agreement does not exceed 25% of it’s
market capitalization.
About Vior Inc.
Vior is a hybrid junior mining exploration company based in Quebec, whose corporate strategy is
to generate, explore and develop high -quality projects in proven and favourable mining
jurisdictions in North America. Through the years, Vior's management and technical teams have
demonstrated their ability to discover several gold deposits and many high -quality mineral
prospects
For further information, please contact:
Mark Fedosiewich Laurent Eustache
President and CEO Executive Vice-President
Tel.: 613-898-5052 Tel.: 514-442-7707
[email protected] [email protected]
Website: www.vior.ca
SEDAR: Vior Inc.
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TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains forward-looking statements. All statements, other than of historical facts, that address
activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future
including, without limitation, the planned exploration program on the Belleterre project, the expected positive exploration
results, the timing of the exploration results, the ability of the Corporation to continue with the exploration program, the
availability of the required funds to continue with the exploration and the approval from the Ministère de l’énergie et des
ressources naturelle (“MERN”) of the request for abandonment of the two mining concessions filed by 9293 -0122
Québec Inc. are forward-looking statements. Forward-looking statements are generally identifiable by use of the words
"will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "to earn", "to have', "plan" or "proje ct"
or the negative of these words or other variations on these words or compar able terminology. Forward -looking
statements are subject to a number of risks and uncertainties, many of which are beyond the Corporation's ability to
control or predict, that may cause the actual results of the Corporation to differ materially from those discussed in the
forward-looking statements. Factors that could cause actual results or events to differ materially from current
expectations include, among other things, failure to meet expected, estimated or planned exploration expenditures, the
possibility that future exploration results will not be consistent with the Corporation's expectations, general business
and economic conditions, changes in world gold markets, sufficient labour and equipment being available, changes in
laws and permitting requirements, unanticipated weather changes, title disputes and claims, environmental risks, the
refusal by the MERN to approve the request for abandonment of the two mining concessions held by 9293 -0122
Québec Inc. as well as those risks identified in the Corpor ation's annual Management's Discussion and Analysis.
Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward -looking
statements prove incorrect, actual results may vary materially from those described an d accordingly, readers should
not place undue reliance on forward-looking statements. Although the Corporation has attempted to identify important
risks, uncertainties and factors which could cause actual results to differ materially, there may be others t hat cause
results not to be as anticipated, estimated or intended. The Corporation does not intend, and does not assume any
obligation, to update these forward-looking statements except as otherwise required by applicable law.