Vior Inc.: Aurvista Agreement - Paiement Postponed
QUEBEC, CANADA -- (Marketwire) -- 03/30/11 -- 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