Vior Inc.: Release of 425,000 Escrow Shares
February 12 2009 - 1:42PM
Marketwired
(TSX VENTURE: VIO)(FRANKFURT: VL5) - Societe d'exploration miniere
Vior Inc. announces that a new escrow agreement was entered into
with regard to the release of 425,000 common shares still under
escrow as per the escrow agreement of August 5, 1999.
The new release conditions are as follows:
60 days following the date of this news release 1/10 of the escrow shares
6 months following this date 1/6 of the escrow shares
12 months following this date 1/5 of the escrow shares
18 months following this date 1/4 of the escrow shares
24 months following this date 1/3 of the escrow shares
30 months following this date 1/2 of the escrow shaers
36 months following this date The remaining escrow shares
These new release conditions were conditionally approved by the
TSX Venture Exchange on February 11, 2009, and by the majority of
disinterested shareholders during the December 12, 2008
shareholders annual meeting.
Profile
Vior is a growing mining company focused on acquiring and
developing gold prospects in accessible mining areas of Quebec. The
company wholly owns the Douay project where Geostat completed its
National Instrument 43-101 compliant resource estimate (see press
release of November 7, 2007). Geostat estimated an inferred
resource of 1,885,000 ounces of gold and measured resource of
268,000 ounces of gold.
Sedar: Societe d'exploration miniere Vior inc.
The TSX Venture Exchange (TSX Venture) does not accept
responsibility for the adequacy or accuracy of this Press
Release.
Contacts: Vior Inc. Claude St-Jacques President 418-692-2678
cstjacques@vior.ca www.vior.ca Denis Chenard Exploration Manager
819-856-9743 datac.geo@tlb.sympatico.ca
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