Vior : Shares Issued to Fonds de Solidarite FTQ
February 16 2011 - 2:10PM
Marketwired Canada
SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE:VIO), (FRANKFURT:VL5) -
announces that, subject to the TSX Venture Exchange approval, Vior will issue
59,355 common shares at deemed price of $0.15288 per share to Fonds de
solidarite FTQ Nord du Quebec ("FTQ") representing the interest due (totalling
$9,073.97 as of February 12, 2011), 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 % par annum, payable semi-annually in cash
or in common shares from Vior's capital stock.
Profile
Vior is a growing mining company focused on developing its properties. The
company owns 75% of the Douay Ouest gold project and other mineral properties.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release.
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