Vior Shareholders Approve Transaction With Aurvista
27 July 2011 - 4:44AM
Marketwired Canada
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.
Vior (TSXV:VIO)
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