Vior Announces Private Placement for Exploration Funding

Vior Inc. has announced a "best efforts" private placement offering in collaboration with Stifel Nicolaus Canada Inc. and Desjardins Capital Markets. The deal aims to raise C$40,000,000 through the issuance of hard dollar units and charity flow-through units. The offering is priced at C$0.20 per hard dollar unit and C$0.35 per charity flow-through unit. An additional option allows the sale of 15% more securities prior to the offer's closure, anticipated on February 20, 2025.

Proceeds will fund exploration at Vior's Belleterre Gold Project and other ventures. Charity flow-through units will attract certain Canadian tax advantages due to their classification under tax legislation. Regulatory approvals from the TSX Venture Exchange and securities authorities are pending.

The securities offered are not registered under U.S. law and are not available for sale within the United States.