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VIOR ANNOUNCES CLOSING OF C$39 MILLION PRIVATE PLACEMENT

Newswire.ca - Thu Feb 27, 2025

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MONTREAL, Feb. 27, 2025 /CNW/ - VIOR INC. ("Vior" or the "Corporation") (TSXV: VIO) (FRA: VL51) is pleased to announce that it has closed its previously announced "best efforts" private placement (the "Offering"), led by Stifel Nicolaus Canada Inc. and Desjardins Capital Markets (the "Co-Lead Agents"), as co-lead agents and joint bookrunners, together with Raymond James Ltd. (together with the Co-Lead Agents, the "Agents"). Pursuant to the Offering, the Corporation issued (i) 120,028,887 units of the Corporation (the "Hard Units") at an issue price of C$0.20 per Hard Unit and (ii) 42,857,143 charity flow-through units of the Corporation (the "FT Units") at an issue price of C$0.35 per FT Unit, for aggregate gross proceeds of C$39,005,777.

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