Vior Inc - VIORF STOCK NEWS

Vior Inc. (TSXV:VIO, OTCQB:VIORF) held its Annual Meeting of Shareholders with 46.20% of shares represented (115,899,644 out of 250,841,116 shares). All proposed matters were approved, including: election of six directors, appointment of Raymond Chabot Grant Thornton LLP as auditor, and ratification of the new Omnibus Equity Incentive Plan.

The Omnibus Plan combines a 10% rolling option plan with a fixed plan reserving 25,000,000 shares for restricted and deferred share units. Following shareholder approval, the Board granted 3,500,000 stock options to directors, officers, and key employees at $0.23 per share, featuring a three-year vesting period and seven-year term.

Vior Inc. (TSXV:VIO, OTCQB:VIORF) announced potential delays in delivering Meeting Materials for its upcoming Annual Meeting due to the recent Canada Post strike. The Meeting is scheduled for January 15, 2025, at 2:00 p.m. ET in Montreal. Key agenda items include receiving audited financial statements, electing Directors, appointing auditors, and considering the equity incentive plan.

To address potential postal delays, Vior will provide Meeting Materials via email upon request. Shareholders can vote online, by phone, or by proxy form. The deadline for proxy submissions is January 13, 2025, at 2:00 p.m. ET. Meeting Materials and financial documents are available on SEDAR+ and Vior's website.

Vior Inc. (VIORF) announces significant leadership changes effective January 15, 2025. Mathieu Savard, former President of Osisko Mining, will become President and CEO, while Pascal Simard joins as Vice-President Exploration. The company also appointed Don Njegovan and André Le Bel to its Board of Directors. Current President Mark Fedosiewich will transition to Chairman of the Board following Claude St-Jacques' retirement.

Mathieu Savard brings extensive experience, including the discovery of the Éléonore gold deposit and Windfall's Lynx Zone, both earning PDAC Bill Dennis Awards. The new leadership team aims to advance the Belleterre project, which they believe shares similarities with the early Windfall district project and has potential to become a significant mining story in Canada.

Vior Inc. (VIORF) has announced significant results from its ongoing +60,000-metre diamond drill program at the Belleterre Gold Project in Quebec. The drilling has revealed high-grade gold mineralization at both Belleterre Vein #12 and Aubelle targets. Notable intercepts at Belleterre include 15.9 g/t Au over 1.2 metres and 6.6 g/t Au over 3.0 metres, demonstrating wide intervals across a 400-metre strike length. At Aubelle, drilling confirmed mineralization continuity more than 500 metres below surface, with intercepts including 10.4 g/t Au over 1.2 metres. The company plans to accelerate the program by adding a third drill rig in the new year.

Vior has completed a non-brokered private placement, raising C$4.88 million through the issuance of 16,829,049 flow-through common shares at C$0.29 per share. The proceeds will fund exploration activities on the company's Quebec gold properties. The placement included insider participation of 1,500,000 shares totaling C$435,000. Cash finder's fees of C$84,924 were paid to arm's length parties. The issued securities are subject to a four-month hold period ending March 13, 2025, pending TSX Venture Exchange final approval.

Vior Inc (TSXV:VIO, OTCQB:VIORF) has announced its participation in two major investor conferences. The company will attend the 121 Mining Investment London Conference from November 14-15, 2024, at Convene 133 Houndsditch, London, and Brien Lundin's New Orleans Investment Conference from November 20-23, 2024, at Hilton New Orleans Riverside.

President & CEO Mark Fedosiewich and Senior Exploration Manager Ben Cleland will be present to discuss Vior's ongoing +60,000 m drill program at its flagship Belleterre Gold Project. At the New Orleans conference, Vior will be at Booth #303 and deliver a presentation on November 21, 2024, at 10:15 am ET.

Vior Inc. (TSXV:VIO, OTCQB:VIORF) has appointed Marian Moroney to its Board of Directors, effective October 23, 2024. Moroney brings over 30 years of mining sector experience, including 20+ years at Barrick Gold . Her expertise includes exploration, strategic planning, governance, and mergers and acquisitions. She was recognized among the 100 Global Inspirational Women in Mining in 2016. Additionally, Vior has granted 1,245,000 incentive stock options to employees, officers, directors, and consultants at $0.205 per share, exercisable for 5 years with a three-year vesting schedule.

Vior Inc. (TSXV:VIO)(OTCQB:VIORF) has provided an update on its +60,000 metre diamond drill program at the Belleterre Gold Project in Quebec. The program, which began on September 23, 2024, has completed 19 drill holes and 4,054 metres in the former Belleterre Mine area. Early observations indicate extensions of favorable mineralization proximal to the historic production area, with up to 16.6 m core length of sulphide mineralized quartz-veining in altered mafic volcanic rocks.

The drilling has targeted near-surface zones within the western 400 m of the +800 metre-long Belleterre gold mine Vein #12 system. Fifteen of the holes intersected typical Belleterre Mine style sulphide mineralization and alteration. Over 1,244 core samples have been sent for analysis, with all assay results pending. The company has temporarily relocated drilling to the Aubelle Deposit target area due to the provincial hunting season.

Vior announced the conversion of Subscription Receipts into Units and the closing of a Royalty Option Agreement with Osisko Mining. Following the offering of $19.3 million on March 28, 2024, the Escrow Release Conditions were satisfied, converting 19,840,000 Subscription Receipts into Units and releasing $2.48 million in gross proceeds. Each Unit includes one common share and one-half of a common share purchase warrant. Osisko Mining's approval as a control person by shareholders and the TSX Venture Exchange, an amended Investor Rights Agreement, and a Royalty Option Agreement were preconditions for this conversion. This milestone, part of a $21.83 million overall financing, also brought Vior an additional $250,000 from Osisko Mining, reinforcing investor confidence in Vior's Belleterre Gold Project.