VIOR has issued 576,923 common shares to Osisko Mining, to satisfy the third anniversary payment obligation pursuant to the Option Agreement signed on August 24, 2021, and amended as of August 24, 2022 and June 21, 2024 for the Blondeau-Guillet gold property in the Abitibi-Temiscamingue region of Quebec. The share issuance was approved by the TSXV and is subject to a 4-month plus one day hold period. Immediately following the share issuance, Osisko Mining will own approximately 22.30% of the issued and outstanding common shares of Vior on an undiluted basis, and approximately 28.19% on a partially diluted basis, presuming the exercise of all outstanding warrants held by Osisko Mining.
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