Vior: Shares Issued to Fonds de Solidarite FTQ
QUEBEC, CANADA -- (Marketwire) -- 02/20/12 -- SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE: VIO)(FRANKFURT: VL5) announces that, subject to the TSX Venture Exchange approval, Vior will issue 144,031 common shares at deemed price of $0.063 per share to Fonds de solidarite FTQ Nord du Quebec ('FTQ') representing the interest due (totalling $9,073,97) as of February 12, 2012, 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% per annum, payable semi-annually in cash of in common shares from Vior's capital stock.
Profile
Vior is a growing mining company focused on developing its properties.
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Contacts:
Claude St-Jacques
President
418 692 2678
cstjacques@vior.ca
www.vior.ca
SEDAR: Societe d'exploration miniere Vior inc.