MONTREAL, March 3,
2025 /CNW/ - VIOR INC. ("Vior" or the
"Corporation") (TSXV: VIO) (OTCQB: VIORF) (FRA:
VL51) announces the resignation of Marian Moroney as Director of the Corporation,
effective immediately. The Board of Directors and management team
thank Ms. Moroney for her service, and the Corporation was
fortunate to have benefited from Ms. Moroney's years of mining
industry expertise.
Mathieu Savard, President, Chief
Executive Officer and Director, commented: "I want to thank Marian
for her help and contribution to Vior and to congratulate her for
the new job appointment. We fully understand the requirements of
her new role and wish her all the success in this new
endeavor."
Following the recent financing closed on February 27, 2025, the Corporation confirms that
under its Investors Rights Agreement ("Agreement") with the
Windfall Mining Group Inc., a wholly-owned subsidiary of Gold
Fields Limited ("Gold Fields"), Gold Fields intends to
exercise its right under the Agreement to designate in the near
future one individual for appointment to the Corporation's Board of
Directors. This will ensure continuity and provide additional
strategic insights to support the Corporation's growth plan.
The Corporation further wishes to announce an amendment to its
existing market making services agreement with Independent Trading
Group Inc. ("ITG"), relating to market making services in
accordance with the policies and guideline of the TSX Venture
Exchange and all applicable legislation. The amendment, effective
March 1, 2025, includes a change in
service fees to better align with the current market conditions and
the Corporation's financial strategy. In consideration of the
services provided by ITG, the Corporation will pay ITG a cash fee
of $7,500 (plus applicable taxes),
payable monthly in advance. (for more details on the market making
services agreement with ITG, please refer to the Corporation's news
release dated April 17, 2020).
ITG is an independent dealer-member of the Canadian Investment
Regulatory Organization (CIRO) and has no interest directly or
indirectly in the Corporation or its securities.
About Vior Inc.
Vior is a junior mineral exploration
corporation based in the province of
Québec, Canada, whose corporate strategy is to
generate, explore, and develop high-quality mineral projects in the
proven and favourable mining jurisdiction of Québec. Through the
years, Vior's management and technical teams have
demonstrated their ability to discover several
gold deposits and many high-quality mineral projects. Vior is
rapidly advancing its flagship Belleterre Gold Project which is a
promising district-scale project that includes Québec's
past-producing high-grade Belleterre gold mine.
www.vior.ca
SEDAR+: Vior Inc.
Neither the TSX Venture Exchange nor its
regulation services provider (as that term is defined in the
Policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
SOURCE Vior Inc.
