Vior Shareholders Approve Transaction With Aurvista
26 Juli 2011 - 8:44PM
Marketwired
Societe d'exploration miniere Vior Inc. ("Vior" or the
"Corporation") (TSX VENTURE: VIO)(FRANKFURT: VL5) is pleased to
announce that at it's special meeting of shareholders held on July
20th in Quebec city, the shareholders of Vior approved by a
majority of 99.96% the special resolution authorizing the sale to
Aurvista Gold Corporation ("Aurvista") of Vior's remaining 50%
interest in the Douay project (for more information on the
transaction, see Vior's information circular dated May 25, 2011
available on SEDAR at www.sedar.com).
The transaction with Aurvista is expected to close shortly and
is conditional upon, among other things:
-- receipt of the required regulatory approvals;
-- the completion of Aurvista's initial public offering for minimum
proceeds of $2,000,000; and
-- the listing of Aurvista's common shares on the TSX venture Exchange.
Profile
Vior is a mining exploration company focused on developing its
properties. The company owns 50% of the Douay gold project and
other mineral properties.
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.
Contacts: Claude St-Jacques President 418 692-2678
cstjacques@vior.ca Marc L'Heureux Vice-President Exploration 418
692-2678 mlheureux@vior.ca www.vior.ca SEDAR: Societe d'exploration
miniere Vior inc.
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