Class in: Mining
MONTREAL, QC / ACCESSWIRE / January 10, 2024 / VIOR INC. (TSX-V:VIO)(FRANKFURT:VL51) (“Vior” or the “Company”) announces that a director has been granted stock options allowing him to purchase a total of 225,000 common shares. The stock options are granted under the Vior Stock Option Plan (the “Plan”), have an exercise price of $0.135, are exercisable for a period of five years and are vested at one-third the number on the date of grant on the first anniversary of the date of grant approval and 1/3 on the second anniversary of approval.
In addition, and subject to the TSX Venture Exchange and other regulatory approvals, Vior has retained the services of Machai Capital Inc. (the “Advisor”), a marketing, advertising and awareness firm based in Vancouver, British Columbia, to provide digital marketing and Providing branding, content creation, data optimization and investor relations services. The consultant will be paid $8,000 per month for an initial period of four months. This period can be extended monthly by mutual agreement. In addition, pursuant to its plan, the Company will grant the Advisor 360,000 stock options with an exercise price of $0.135, exercisable for a period of five years and vesting one-quarter quarterly.
About Vior
Vior is a Quebec-based early-stage mining exploration company whose corporate strategy is to generate, explore and develop high-quality projects in recognized and favorable mining districts in North America. Over the years, Vior's management and technical team have demonstrated their ability to discover multiple high-quality gold deposits and prospects. Vior is rapidly advancing its flagship Belleterre gold project, its Skyfall nickel project and several other promising projects.
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Forward-Looking Statements
This press release contains forward-looking statements. All statements, other than statements of historical fact, address activities, events or developments that the Company believes, assumes or expects to occur in the future, including but not limited to the proposed exploration program for the Belleterre Project , the expected positive exploration results, the timing of the exploration results, the capacity of the Company, the timelines of its exploration program, the availability of the funds necessary to continue exploration and the acceptance by the Ministry of Energy and Natural Resources of the application for cessation of the two mining activities ( “MERN”) The concessions filed by 9293-0122 Québec Inc. constitute forward-looking statements. Forward-looking statements are generally identified by the words “would”, “should”, “expect”, “predict”, “estimate”, “believe” , “intend,” “have,” “plan,” or “realize.” Project”, including the negative forms of these terms or other variations of these terms or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's control or prediction, and could cause the Company's actual results to differ materially from those anticipated in the forward-looking statements. Various factors that could cause actual results or events to differ materially from current expectations, including failure to meet anticipated, estimated or planned exploration expenditures, the possibility that future exploration results will not be consistent with the Company's expectations, general market and Economic conditions, fluctuations in global gold markets, availability of skilled labor and sufficient equipment, changes in laws and licensing requirements, unpredictable weather conditions, challenges to mining titles held by the Company, environmental risks, MERN's refusal to grant the request for abandonment of The two of 9293- 0122 Québec Inc. filed mining concessions. as well as the risks identified in the annual management report of the company management. Should one or more of these risks or uncertainties materialize, or should the assumptions on which the forward-looking statements are based prove incorrect, actual results may differ materially from those described and, accordingly, readers should not place undue reliance on forward-looking statements. Although the Company has attempted to identify risks, uncertainties and factors that could cause actual results to differ materially from those expected, there may be other unforeseeable factors that cause results not to be as expected. They do not correspond to the expected and estimated results or planned. The Company does not intend and undertakes no obligation to update its forward-looking statements except as required by law.
The TSX Venture Exchange and its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept no responsibility for the adequacy or accuracy of this release.
THE SOURCE: Vior Inc.
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Press release sent on January 10, 2024 4:15 p.m. and distributed by:
