Mr. Mark Fedosiewich reports

VIOR ANNOUNCES CLOSING OF ADDITIONAL $2.5 MILLION PRIVATE PLACEMENT

Vior INC. has closed a non-brokered private placement for gross proceeds of $2.52-million by issuing 20.16 million units of the corporation at an issue price of 12.5 cents per unit. Each unit comprised one common share of the corporation and one-half of one common share purchase warrant of the corporation. Each warrant entitles the holder thereof to purchase one share at an exercise price of 21 cents per share for a period of 24 months following the closing date of the offering.

Mark Fedosiewich, president and chief executive officer of Vior, stated: "We are pleased to announce this second finance closing with several institutional funds and high-net-worth individuals, who were not able to meet the tight closing window of the original March 28, 2024, financing. These combined closings, totalling $21.83-million, reinforce the confidence and commitment that well-heeled investors have demonstrated in the Vior team and our flagship Belleterre gold project. We are well under way in the permitting for the initial 60,000 metres of drilling, and we anticipate that drills will be turning sometime in June. We look forward to a very busy and exciting news-filled year ahead."

Vior intends to use the net proceeds from this offering to finance exploration work in Quebec, as well as for working capital and general corporate purposes.

The units and the warrants issued in connection with offering are subject to a four-month-and-one-day hold period expiring on Aug. 19, 2024, pursuant to National Instrument 45-102 -- Resale Restrictions and Regulation 45-102 -- Resale of Securities and the certificates or DRS advices representing such securities will bear a legend to that effect.

The offering is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the final acceptance by the TSX Venture Exchange.

In connection with the offering, the corporation paid finders' fees totalling $113,313 to arm's-length third parties of Vior.

About Vior Inc.

Vior is a junior mineral exploration corporation based in the province of Quebec, Canada, whose corporate strategy is to generate, explore and develop high-quality mineral projects in the proven and favourable mining jurisdiction of Quebec. Through the years, Vior's management and technical teams have demonstrated their ability to discover several gold deposits and many high-quality mineral prospects.

Vior is rapidly advancing its flagship Belleterre gold project with the strategic support of Osisko Mining Inc. The Belleterre gold project is an exciting district-scale property that includes Quebec's past-producing high-grade Belleterre gold mine. Vior has conducted extensive exploration at the Belleterre property and is finalizing plans for a 60,000-plus-metre drill program. Vior is also actively developing its promising Skyfall project in partnership with SOQUEM Inc., as well as several other properties with multimineral potential.

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