Vior Inc.: Aurvista Agreement - Paiement Postponed
March 30 2011 - 8:30AM
Marketwired
SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE:
VIO)(FRANKFURT: VL5) - announces that at Aurvista Gold
Corporation's request ("Aurvista"), it has agreed to delay the
payment due date of the $1,500,000 cash payment to be paid to Vior
as per the agreement announced on March 9, 2011. The due date is
postponed to May 31, 2011. Should Aurvista fail to meet its
obligation by May 31, it has agreed to a cash payment of $150,000
as compensation.
It was also agreed that Aurvista has until November 30, 2011 to
complete its initial public offering. A financing is currently in
progress.
Profile
Vior is a growing mining company focused on developing its
properties. The company owns a 75% participating interest in the
Douay Ouest gold project and other mineral 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 SEDAR : Société d'exploration minière Vior inc.
Marc L'Heureux Vice-president Exploration 418-692-2678
mlheureux@vior.ca www.vior.ca
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