VIOR Announces Completion of a Share Consolidation and the Closing of a Private Placement
(firmenpresse) - QUEBEC, CANADA -- (Marketwired) -- 02/17/15 -- SOCIETE D'EXPLORATION MINIERE VIOR INC. (TSX VENTURE: VIO) (FRANKFURT: VL5) (the "Company" or "Vior") - the Company is pleased to announce that it has received final approval from the TSX Venture Exchange for its previously announced one-for-five share consolidation. Effective at the opening of trading today Vior's shares commenced trading on the TSX Venture Exchange on a consolidated basis. Vior's shares will continue to trade under the symbol VIO.
The Company is also pleased to announce the closing, following the consolidation, of the previously announced non-brokered private placement (the "Offering") of units (the "Units") for total gross proceeds of $100,000. Each Unit consists of one common share and one-half of a common share purchase warrant. Each whole warrant entitles the holder to acquire one (1) additional common share of the Company at a price of $0.14 until February 17, 2017. Under the Offering, Vior issued 1,000,000 Units at a price of $0.10 per Unit.
La Societe d'investissement dans la diversification de l'exploration ("SIDEX") participated in the Offering for the whole $100,000 (1,000,000 Units). The mission of SIDEX is to invest in companies engaged in mineral exploration in Quebec in order to diversify Quebec's mineral base and open new territories.
The securities issued under the Offering are subject to a four month hold period ending on June 18, 2015. The Offering is subject to final approval from the TSX Venture Exchange. The proceeds from the Offering will be used by Vior to advance its exploration projects within Quebec.
As a result of the one-for-five share consolidation and the private placement, Vior now has 22,103,744 shares issued and outstanding.
Profile
Profile Vior's strategy is to generate, explore and develop quality projects in the best proven an accessible mining areas. Vior owns approximately 29.8% of the share capital of Aurvista Gold Corp. (TSX-V: AVA), the owner of the gold Douay project, which contains a NI 43-101 compliant Mineral Resource of 114,652,000 tonnes at 0.75 g/t gold (2.8 million ounces of gold) in the Inferred category and 2,689,000 tonnes at 2.76 g/t gold (238,433 ounces of gold) in the Measured and Indicated categories, at a cut-off of 0.3 g/t gold (Aurvista press release of October 16, 2014).
SEDAR: Societe d'exploration miniere Vior inc.
Neither the TSX Venture Exchange nor its regulation services provided (as that term is defined in the Policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Claude St-Jacques
President
418-692-2678
Marc L'Heureux
Vice-President Exploration
450-746-1771
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 17.02.2015 - 15:02 Uhr
Sprache: Deutsch
News-ID 372075
Anzahl Zeichen: 0
contact information:
Town:
QUEBEC, CANADA
Kategorie:
Mining & Metals
Diese Pressemitteilung wurde bisher 178 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"VIOR Announces Completion of a Share Consolidation and the Closing of a Private Placement"
steht unter der journalistisch-redaktionellen Verantwortung von
Vior Inc. (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
