PRESS RELEASE
VIOR ANNOUNCES THE CLOSING OF A PRIVATE PLACEMENT
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES
OR DISSEMINATION IN THE UNITED STATES.
QUÉBEC, CANADA, JULY 6, 2017 - SOCIÉTÉ D’EXPLORATION MINIÈRE VIOR INC. (TSX
VENTURE (VIO), FRANKFURT (VL5) (the “Company” or “Vior”) - is pleased to announce the
closing of a private placement totaling 4,100,000 units (the “Units”) at a price of $0.08 per Unit,
for total proceeds of $328,000 (the “Offering”).
Each Unit consists of one (1) common share of the Company (a “Share”) and one-half of one
common share purchase warrant (each whole warrant being a “Warrant”). Each Warrant entitles
the holder to acquire one (1) common share of the Company at a price of $0.12 per share for a
period of twelve (12) months ending July 5, 2018.
The Société d’investissement dans la diversification de l’exploration, s.e.c. (“SIDEX”), under the
“Field Action 2017” program of SIDEX, the Société de Développement de la Baie-James
(“SDBJ”) and Capital croissance PME II, s.e.c. (“Capital croissance”) participated in the
Offering.
Claude St-Jacques, President of Vior, declared that Vior was very happy to have Capital
croissance, SDBJ and SIDEX as important shareholders of the Company. There notoriety and
competence is unquestioned and we are very proud to partner with them in our development.
The securities issued in connection with the Offering are subject to a four (4) month hold period
ending November 6, 2017. The proceeds of this Offering will be used by the Company for
exploration work on its Mosseau project. The Offering is subject to the final approval of the TSX
Venture Exchange.
Mosseau Project
The 2017 exploration program has just begun on the Mosseau project located 22 kilometers
east of the town of Lebel-sur-Quévillon in the Abitibi region of Quebec. Prospecting and
sampling is currently underway on the project to identify new gold showings along the various
deformation structures that cross the property over a strike length of approximately 10
kilometers. At the same time, line cutting work has begun in preparation for an induced
polarization (I.P.) survey to be undertaken by the end of July, following which a field follow-up
will be carried out on the geophysical targets obtained.
The Company is also designing a drill program on the "M" zone of the Morono deposit, which
remains open at depth, with the deepest drilling intersection at 270 meters and grading 4.42 g/t
gold over 5.84 meters (true width, hole M4-88, statutory work from the Ministry GM47624). The
drill program is slated to be undertaken early this fall.
About Vior
Vior’s strategy is to generate, explore and develop quality projects in the best proven and
accessible mining areas. Through the years, Vior’s management and technical team has
demonstrated its ability to discover numerous gold deposits and mineral prospects.
The technical content disclosed in this press release was prepared and approved by Mr. Marc
L'Heureux, P.Geo., who is the Company's Qualified Person.
For further information, please contact:
Claude St-Jacques
President
Tel.: 418-692-2678
[email protected]
Marc L’Heureux
Vice-president Exploration
Tel.: 450-746-1771
[email protected]
Web site: www.vior.ca
SEDAR: Société d’exploration minière Vior inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of
this release.
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