Tillkännagivande • May 09
Vior Gold Corporation Reports Additional Drilling Results At Ligneris Project Vior Gold Corporation Inc. reported additional results from its 20,000-metre ongoing drill program on its 100%-owned Ligneris Project located 55 kilometers northwest of the town of Amos, Abitibi region, Quebec. Drillhole LI-26-010-EXT, drilled 50 meters southeast of drillhole LI-26-005-EXT (5.64 g/t Au over 4.0 meters; see news release dated March 17, 2026) intersected 5.45 g/t Au over 3.0 meters including 14.8 g/t Au over 1.0 meters. This interval confirms high-grade gold mineralization continuity below 650 meters vertically. It is hosted in a strongly altered rhyolite characterized primarily by sericite and local patchy to pervasive silica with traces to 2% pyrite. Moreover, drillhole LI-26-010-EXT intersected a broad interval of low-grade gold mineralization that returned 0.79 g/t Au over 40.3 meters including 1.19 g/t Au over 15.0 meters at 580 meters vertical depth. Drillhole LI-26-012 collared 430 meters northeast of hole LI-26-002 (35.2 g/t Au over 3.0 meters; see news release dated March 17, 2026) returned values of 12.8 g/t Au over 2.0 meters including 22.3 g/t Au over 0.5 meters. Mineralization occurs as finely disseminated pyrite, ranging from trace to 5% in strongly silicified bands of centimetric to decametric scale hosted in a strongly sericitized rhyolite. Drillholes LI-26-014 and LI-26-007 intersected 38.3 g/t Au over 1.0 meters and 21.7 g/t Au over 1.0 meters respectively. These two holes are located on the southwestern extension of the South Zone mineralized structure. Hole LI-26-007 seems to correlate with the intercept in hole LI-26-006 that was previously released on March 17, 2026, that returned 1.10 g/t Au over 24.2 meters. Processing of the whole-rock geochemistry has demonstrated the continuity of the alteration trend towards west, and these new results confirm the fertility of the area. Since the beginning of drilling program, the Corporation has completed approximately 17,000 meters of drilling on Ligneris. A total of 5,725 assays were received and 9,920 are currently pending at the laboratory. Vior is currently drilling with two (2) drill rigs at Ligneris and should complete the first phase of drilling later this spring. Simultaneously, the Corporation is preparing its first drilling campaign on the recently acquired Kinebik Project, expected to start early this summer. True widths are estimated at 65-80% of the reported core length intervals. Assays are uncut except where indicated. All NQ core assays reported were obtained by either 1-kg screen fire assay or standard 50 gram fire-assaying-AA finish or gravimetric finish at ALS Laboratories in Val d’Or, Québec or Sudbury, Ontario. The 1-kg screen assay method is used when samples contain coarse gold intervals. Selected samples are also analyzed for multi-elements using a Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control (“QA/QC”), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are alternately inserted every 10 samples to adhere to strict QA/QC guidelines and protocols by the Corporation and the lab. Historical results on the Ligneris Project described in this news release are from public sources and the Qualified Person responsible for the review and approval of the technical information disclosed in this news release has not verified the information relating to these historical results. Consequently, such information is not necessarily indicative of mineralization on the Ligneris Project. The technical content disclosed in this news release was reviewed and approved by Pascal Simard, Vice-President Exploration at Vior Gold Corporation, Qualified Person as per NI 43-101. Tillkännagivande • Mar 20
Vior Gold Corporation Inc Intersects High-Grade Mineralization At Ligneris Vior Gold Corporation Inc. reported initial results from its 20,000-metre drill program on its 100%-owned Ligneris Project located 55 kilometers northwest of the town of Amos, Abitibi region, Quebec. Initial drilling has intersected high-grade gold mineralization on Ligneris South Zone confirming the presence and continuity of the historical intercept of 16.84 g/t Au over 8.0 meters in drillhole 275-073 (from SIGEOM: GM45463). Drillhole LI-26-002, drilled 50 meters northeast of the historical drillhole 275-073, intersected 35.2 g/t Au over 3.0 meters and 21.6 g/t Au over 3.0 meters at respective depths of 170.7 meters and 201.5 meters along the hole. Those two intercepts are hosted in felsic tuff moderately to strongly altered in sericite with local patchy to pervasive silicification proximal to gold mineralization and contains disseminated pyrite from trace to 5%. The style of mineralization and the alteration assemblage intersected at 170.7 meters is similar to that in historical hole 275-073 and seems to correlate with the historical intercepts of 16.84 g/t Au over 8.0 meters. The second intervals of 21.6 g/t Au over 3.0 meters could potentially represent a new zone and cannot be correlated at this moment with drillhole 275-073. Drillhole LI-26-005 returned 5.64 g/t Au over 4.0 meters including 8.56 g/t Au over 1.0 meters at 724 meters (vertical depth of 625 meters). The mineralization is hosted in a brecciated rhyolite moderately altered in sericite with trace to locally 3% pyrite. This intercept potentially defines a new mineralized zone and represents the deepest intercept to date at Ligneris indicating additional potential at greater depth. Step-out drilling 200 meters southwest of hole LI-26-002 returned a value of 2.05 g/t Au over 8.0 meters included within a larger interval of 1.10 g/t Au over 24.2 meters in hole LI-26-006. Mineralization occurs as finely disseminated pyrite, ranging from trace to 2%, hosted in a massive rhyolite moderately to strongly altered in sericite and silica. This result extends the mineralization to the southwest in an area that was poorly explored historically. Since the beginning of the drilling program the Corporation has completed an approximate of 9,400 meters of drilling including 7,865 meters on the South Zone. A total of 1,059 assays were received and 4,635 are currently pending at the laboratory. Vior Gold Corporation is currently drilling with three drill rigs and is expecting to complete this phase later during the second quarter of 2026. Tillkännagivande • Mar 06
Vior Gold Corporation Inc. (TSXV:VIO) entered into an asset purchase agreement to acquire Kinebik, Peacock and Launay properties located in the Abitibi Greenstone Belt, Quebec from Agnico Eagle Mines Limited (NYSE:AEM) for CAD 6.2 million. Vior Gold Corporation Inc. (TSXV:VIO) entered into an asset purchase agreement to acquire Kinebik, Peacock and Launay properties located in the Abitibi Greenstone Belt, Quebec from Agnico Eagle Mines Limited (NYSE:AEM) for CAD 6.2 million on March 4, 2026. At closing, as partial consideration for the acquisition, Vior Gold Corporation will: (a) issue 45,665,965 common shares representing 9.9% of the Corporation’s issued and outstanding common shares (approximately $5,799,578 based on the 20-day VWAP prior to signing); and (b) make a cash payment to Agnico Eagle of CAD 750,000.
Closing is expected to occur in the first quarter of 2027 and is subject to a number of customary closing conditions, including approval of the TSX Venture Exchange. Tillkännagivande • Mar 03
Vior Gold Corporation Inc., Annual General Meeting, May 13, 2026 Vior Gold Corporation Inc., Annual General Meeting, May 13, 2026. Tillkännagivande • Jan 08
Vior Gold Corporation Announces the Commencement of Drilling At Ligneris Vior Gold Corporation Inc. announced that drilling has commenced at its 100%-owned Ligneris Project located approximately 55 kilometres northwest of the municipality of Amos in the central part of thebitibi Greenstone Belt, Quebec. Drilling will focus on the lateral and vertical extension of historical hole 275-073 that returned 16.84 g/t Au over 8.0 metres including 39.15 g/t Au over 3.0 metres at South Zone and South Zone. The abundance of polymetallic sulfides, along with strong sericite, chlorite and chloritoid alterations overlain by gold enrichment associated with intense carbonatation in fault corridors supports the interpretation that mineralization at Ligneris represents a hybrid system of gold-bearing VMS overprinted by orogenic gold. The first set of results are expected by the end of January. Tillkännagivande • Oct 16
Vior Inc. Provides Exploration Update At Belleterre and Ligneris VIOR INC. announced results from its 100,000-metre drill program on its Belleterre Gold Project and an update on the upcoming drilling campaign on its Ligneris Project. Both projects are located in thebitibi-Temiscamingue region, Quebec. This zone remains open the western end and at depth and demonstrates the potential for extension within the Hoskin structural corridor. Drilling in the Lac Guillet Deformation Zone, 2 kilometres south of the former Belleterre Mine Trend, is advancing well while several analytical results still pending representing approximately 25 drillholes. Upcoming Exploration Activities on Ligneris Project: Vior is preparing to initiate a 20,000 metres drilling program on its 100% owned Ligneris Project. This geophysical work will provide a complete and high-quality geophysical coverage across the entire project area, enhancing the geological understanding and supporting future targeting. Selected samples are also analyzed for multi-elements using an Four Acid Digestion-ICP-MS method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control ("QA/QC"), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Historical results on the Ligneris Project described in this news release are from public sources and the Qualified Person responsible for the review and approval of the technical information disclosed in this news release has not verified the information relating to these historical results. Tillkännagivande • Sep 30
Vior Inc., Annual General Meeting, Dec 10, 2025 Vior Inc., Annual General Meeting, Dec 10, 2025. Tillkännagivande • Jul 10
Vior Inc. Reports New High-Grade Gold Discovery At Lac Guillet Area VIOR INC. announced that a significant new high-grade gold discovery has been made south of the past-producing Belleterre gold mine from its flagship Belleterre Project in the Abitibi-Témiscamingue region of Quebec. The newly received results also include a new mineralized zone at depth in the Hoskin Zone located north of the former Belleterre mine. Mathieu Savard, President and Chief Executive Officer of Vior, commented: "These high-grade results arrive just in time as we're expecting to start our second phase of drilling in the coming weeks. This new discovery at the Lac Guillet shear zone confirms the merits of this high potential area where close to 20,000 meters of systematic drilling is planned during the second half of the year". New High-Grade Gold Discovery at Lac Guillet Deformation Zone. Drillhole BV25-141, collared along the Lac Guillet Deformation Zone, intersected: 97.9 g/t Au over 1.5 metres (at approximately 100 metres vertical depth)This interval is located on strike with the QFP-A surface gold showing, approximately 100 metres to the east, originally identified by Vior in 2022 and 2 km south of the former Belleterre Mine. The mineralization is hosted in brecciated volcanic rocks with moderate silicification alteration, accompanied by trace to 0.5% pyrite and pyrrhotite. The result highlights the gold-bearing potential on the north margin of the Lac Guillet corridor, a 250-metre-wide ductile deformation zone with limited historic drilling. Follow-up work is planned to test for lateral and vertical continuity of this zone. New Gold Zone Discovered at Hoskin Zone. Drillhole BV25-143, targeting the Hoskin Zone, intersected a previously untested gold-bearing interval at approximately 400 metres vertical depth, returning: 3.0 g/t Au over 4.3 metres, including 10.6 g/t Au over 1.0 metre. The mineralization is hosted in Smokey Grey quartz veins within a biotite-altered mafic volcanic unit, with trace to 3% blebby pyrite and clusters of chalcopyrite and sphalerite. This zone remains open in all directions and demonstrates the potential for depth extension within the Hoskin structural corridor. These new zones are located within a North-East striking deformation structure, reinforcing the importance of structural control in the development of high-grade gold systems at Belleterre. Tillkännagivande • May 16
Vior Inc. Provides Exploration Update At Belleterre Gold Project VIOR INC. provided an update on exploration activities at its Belleterre Gold Project in Quebec's Belleterre Greenstone Belt. This includes results of its ongoing +60,000-metre drill program designed to test vertical and lateral extension of the historic Belleterre gold mine and regional targets. The ongoing drilling step-out program successfully intersected narrow high-grade gold mineralization, below the past producing Belleterre Mine, with results of 4.76 g/t Au over 2.6 metres including 21.9 g/t Au over 0.5 metres,27.5 g/t Au over 0". In addition, drill hole BV25-130, located 450 meters east of the Aubelle deposit, tested the Porc-epic, Schoolhouse, and Belleterre 5W vein showings that historically returned high grade gold values. The results from BV25-130 suggest the potential for a new style of gold mineralization at Belleterre associated with strongly mineralized tuffaceous and sedimentary units. A follow-up drill hole completed above BV25-130 has intersected similar geology and mineralization, with assay results pending. The corporation is prioritizing its intensive drilling program in the second half of 2025, deploying four drills to further explore the significant potential for gold mineralization associated with major ductile deformation zones. A key focus will be the Lac Guillet shear zones, a substantial 250-meter-wide deformation corridor extending for over 3,000 meters, south of the Belleterre Mine corridor. As transition its drilling campaign towards regional and brownfield targets for the second half of the year, will aim to delineate high-grade gold zones within additionnal structurally controlled systems such as Lac Guillet shear zones. Vior is expecting to submit the drill permit authorizations in the coming days. Meanwhile, as keep focus at exploring for a significant discovery in the Belleterre district, are also evaluating different possibilities to add a project to portfolio. The 1-kg screen assay method is used when samples contain coarse gold intervals. Selected samples are also analyzed for multi-elements using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill program design, Quality Assurance/Quality Control ("QA/QC"), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples to adhere to strict QA/QC guidelines and protocols by the Corporation and the lab. Tillkännagivande • Mar 10
Vior Inc. Appoints Johan Pool to the Board of Directors VIOR INC. announced the appointment of Johan Pool to the Board of Directors (the "Board") of the Corporation. Mr. Pool is an experienced M&A professional with more than 25 years of experience in cross-border mining and exploration transactions and corporate strategy. He is currently the Vice President Corporate Development of Gold Fields. He led the creation of the 2023 Windfall joint venture with Osisko Mining Inc. ("Osisko Mining") and the subsequent acquisition of Osisko Mining in 2024. Mr. Pool has also been involved in several key projects for Gold Fields, including the Cerro Corona acquisition in Peru, the Salares Norte acquisition and property consolidation in Chile, and the funding strategy for Salares Norte construction. He has also led strategic investments and exploration transactions across Canada, West & East Africa, and South America. In 2016, he was instrumental in monetizing Gold Fields' global royalty portfolio to Maverix Metals. Before joining Gold Fields, he worked at a major Johannesburg corporate law firm and a big 4 accounting firm. Mr. Pool holds a GMP from Harvard Business School, a Masters in Tax Law from the University of Johannesburg, and a Bachelor of Laws and Bachelor of Commerce from the University of Stellenbosch. Tillkännagivande • Mar 04
Vior Inc. Announces the Resignation of Marian Moroney as Director VIOR INC. announced the resignation of Marian Moroney as Director of the Corporation, effective immediately. The Board of Directors and management team thank Ms. Moroney for her service, and the Corporation was fortunate to have benefited from Ms. Moroney's years of mining industry expertise. Tillkännagivande • Feb 28
Vior Inc. announced that it has received CAD 39.005777 million in funding On February 27, 2025. Vior Inc. has closed the transaction. it issued 120,028,887 units of the Corporation at an issue price of CAD 0.20 Hard Unit per for gross proceeds CAD 24,005,777.4 and 42,857,143 charity flow through units of the Corporation at an issue price of CAD 0.35 per FT Unit for proceeds of CAD 15,000,000.05, for aggregate gross proceeds of CAD 39,005,777. In consideration for the services rendered in connection with the Offering, the Agents received an aggregate cash commission of CAD 1,563,189. Tillkännagivande • Jan 31
Vior Inc. announced that it expects to receive CAD 40 million in funding Vior Inc. announced a best efforts private placement and it has entered into an agreement with Stifel Nicolaus Canada Inc. and Desjardins Capital Markets, to act as co-lead agents to issue 150,000,000 hard dollar unit at issue price of CAD 0.20 for proceeds of CAD 30,000,000 and 28,571,428 charity FT unit at issue price of CAD 0.35 for proceeds of CAD 9,999,999.8 for gross proceeds of CAD 39,999,999.8 on January 30, 2025. Each Hard Dollar Unit will consist of one common share of the Corporation and one common share purchase warrant. Each Charity FT Unit will consist of one Share of the Corporation that qualifies as a “flow-through share” and one Warrant. Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of CAD 0.28 for 24 months following the closing of the Offering. The Offering is expected to close on or about February 20, 2025, and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange and the relevant securities regulatory authorities. The Offered Securities will be subject to a hold period of four-months and one day from the closing of the Offering. The Corporation has granted the Co-Lead Agents an option to sell up to an additional 15% of the aggregate amount of the Offered Securities , on the same terms and conditions. The Over-Allotment Option will be exercisable, in whole or in part, at any time up until 48 hours prior to the closing of the Offering. Tillkännagivande • Jan 27
Vior Inc. Intersects 11.6 G/T Au over 2.0 Metres At Belleterre Expands Vein 12 by 250 Metres At DEPTH Vior Inc. provided new analytical results from its ongoing +60,000-metre drill program at its Belleterre Gold Project in Quebec's Belleterre Greenstone Belt. The drilling has successfully confirmed the continuity at depth of Vein #12 below the past producing Belleterre Mine while also highlighting a new target area located south of the Belleterre Vein #12. The ongoing drilling step-out program continues to confirm the lateral and vertical extension of Belleterre Vein # 12. Hole BV24-059 has intersected a new vein system located approximately 200 meters south of Veins # 12. The drillhole successfully intercepted high-grade gold mineralization with 11.6 g/t Au over 2.0 metres including 16.5 g/t Au over 0.5 metres In addition, drillhole BV24-048 targeted the vertical extension of Vein # 12 to the south and returned 39.1 g/t Au over 0.,5 metre. The systematic approach in drilling is already starting to uncover new zones in the Aubelle area, and will continue to apply this approach over the Belleterre Mine trends. In addition, the drilling program at the Belleterre gold project resumed on January 6, 2025 with two drills. A total of 63 drillholes (23,320 metres of drilling) have been completed so far of which 7,900 metres were assayed. The Corporation plans to increase its drilling activities with the addition of two more drills bringing the total to four in the upcoming weeks. The second vein style is quartz veins injected into chloritized gabbro or potassic altered felsic intrusive, with 3-5% pyrite, 3% chalcopyrite, 1% sphalerite, and 1% galena. True widths are estimated at 65-80% of the reported core length intervals. Assays are uncut except where indicated. All NQ core assays reported were obtained by either 1-kg screen fire assay or standard 50 gram fire-assaying-AA finish or gravimetric finish at ALS Laboratories in Val d'Or, Québec or Sudbury, Ontario. The 1-kg screen assay method is used when samples contain coarse gold intervals. Selected samples are also analyzed for multi-elements using an Aqua Regia-ICP-AES method at ALS Laboratories. Drill
program design, Quality Assurance/Quality Control ("QA/QC"), and interpretation of results is performed by qualified persons employing a QA/QC program consistent with NI 43-101 and industry best practices. Standards and blanks are included with every 20 samples to adhere to strict QA/QC guidelines and protocols by the Corporation and the lab. Tillkännagivande • Dec 12
Vior Confirms High Grade Gold at Belleterre and 500 Metre Depth Extension at Aubelle Vior Inc. announced the first set of assay results from its ongoing +60,000-metre diamond drill program at its Belleterre Gold Project in Quebec's Belleterre Greenstone Belt. The drilling has successfully intersected significant high-grade gold mineralization at both the Belleterre Vein #12 and at several Aubelle targets within the 6-kilometre long Belleterre Mine Trend. These results further validate Vior's geological model and underscore the potential for extensive high-grade gold mineralization beyond the known systems. The highlight results for the first 20 drillholes (4,053 metres of drilling) at Belleterre demonstrate both wide intervals of gold mineralization as well as high-grade veins across a 400 metre east-west strike of the Belleterre Vein. Based on these results, Vior will accelerate its drill program at Belleterre with the addition of a third drill rig in the new year. Drilling will focus on the vertical extension of the historic Belleterre gold mine mineralization, targeting high-grade extensions of the gold system, extension of mineralization at the Aubelle deposit, and testing the high priority regional drill targets. All statements, other than of historical facts, that address activities, events or developments that the Corporation believes, expects or anticipates will or may occur in the future including, without limitation, the planned exploration program on the Belleterre project, the expected positive exploration results, the timing of the exploration results, the ability of the Corporation to continue with the exploration program, the availability of the required funds to continues with the exploration program, and the approval from the Ministere des Ressources naturelles et des Forets at Belleterre Area. Tillkännagivande • Nov 13
Vior Inc. announced that it expects to receive CAD 4.880424 million in funding Vior Inc. announced anon-brokered private placement of 16,829,049 flow-through common shares at a price of CAD 0.29 per share for gross proceeds of CAD 4,880,424 on November 12, 2024. Vior has paid cash finder’s fees of $84,924 to arm’s length third parties. The Offering was carried out pursuant to prospectus exemptions of applicable securities laws and is subject to certain closing conditions, including but not limited to, the receipt of all necessary regulatory approvals, including final approval by the TSX Venture Exchange. Insiders have participated in the Offering and were issued 1,500,000 flow-through common shares, for total gross proceeds of CAD 435,000 Tillkännagivande • Oct 31
Vior Appoints Marian Moroney to its Board of Directors VIOR INC. announced the appointment of Marian Moroney to the Corporation's Board of Directors, effective October 23, 2024. Marian is a seasoned Exploration and New Opportunities' executive who brings over 30 years of experience in the mining sector. Ms. Moroney's expertise spans exploration, strategic planning, governance, and mergers and acquisitions, with a strong focus on identifying and managingnew business opportunities and joint ventures. During her 20+ years at Barrick Gold Corporation, Marian advanced through various technical and leadership roles, contributing to gold and copper exploration across diverse geological models and project stages on multiple continents. Her impactful work led to her recognition as one of the 100 Global Inspirational Women in Mining in 2016. Marian served on the board of the Prospectors and Developers Association of Canada ("PDAC") from 2014 to 2017 and on the board of Reunion Gold Corporation from 2019 to 2022. She currently serves as a member of the PDAC Geoscience and Innovation Committee and as a board member for Conroy Gold and Natural Resources PLC, where she continues to influence the future of the mining industry. Reported Earnings • Oct 26
Full year 2024 earnings released: CA$0.004 loss per share (vs CA$0.012 loss in FY 2023) Full year 2024 results: CA$0.004 loss per share (improved from CA$0.012 loss in FY 2023). Net loss: CA$565.9k (loss narrowed 51% from FY 2023). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Tillkännagivande • Oct 17
Vior Provides Update on +60,000 M Drill Program At Belleterre Gold Project VIOR INC. provided an update on the progress of its +60,000 metre ("m") diamond drill program at the Belleterre Gold Project, located in the underexplored and historic gold-producing Belleterre Greenstone Belt, in the Abitibi-Témiscamingue region of Quebec. Since commencing with two drill rigs on September 23, 2024, Vior has completed 19 drill holes in the Belleterre Mine area, with five strategic scissor transects across the western end of the Belleterre mineralized system. These drill holes range from 80 m to 500 m in length, providing geological data down to vertical depths of between 70 m and 400 m from surface. Vior's initial drilling has targeted near-surface zones within the western 400 m of the +800 metre-long Belleterre gold mine Vein #12 system. With 15 of the holes intersecting typical Belleterre Mine style sulphide mineralization and alteration, Vior expects to significantly enhance the understanding of the structure, geometry, and continuity of the gold system. Early observations from the drill core align closely with the geological model and have confirmed the lateral extension of sulphide mineralization and alteration beyond the former production areas. Notably, some intersections revealed sulphide mineralized and alteration zones up to 16.6 m wide within quartz-veined, chlorite and sericite-altered mafic volcanic rocks. These observations are highly encouraging as they not only indicate mineralization enveloping the historical production areas, but they also suggest the potential for extension beyond known mineralized zones. The planned drill program will advance eastward along the vein system and will step north to explore below levels of previous production and exploration at the former Belleterre Gold Mine area. To date, more than 1,244 core samples from the drill program at the Belleterre Mine area have been sent for analysis to ALS assay laboratory in Val d'Or, Quebec. All assay results are pending. In response to the provincial hunting season and to allow for local hunters to be unencumbered by the drilling activities at the Belleterre Mine area, Vior has relocated both drill rigs 2.5 km southwest within the Belleterre Mine Trend to the Aubelle Deposit target area. The drill program will resume at the Belleterre Mine area when the hunting season concludes. Tillkännagivande • Oct 15
Vior Inc., Annual General Meeting, Dec 12, 2024 Vior Inc., Annual General Meeting, Dec 12, 2024. Location: quebac, montreal Canada Tillkännagivande • Apr 20
Vior Inc. announced that it expects to receive CAD 2.52 million in funding Vior Inc. announced a non-brokered private placement of 20,160,000 units of the Corporation at an issue price of CAD 0.125 per Unit for gross proceeds CAD 2,520,000 on April 18, 2024. Each Unit is comprised of 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 CAD 0.21 per Share for a period of 24 months following the closing date of the Offering. The Units and the Warrants issued in connection with Offering are subject to a four-month and one day hold period expiring on August 19, 2024. 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-V. In connection with the Offering, the Corporation paid finders’ fees totalling CAD 113,313 to arm’s length third parties. New Risk • Mar 30
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 90% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 26% per year over the past 5 years. Shareholders have been substantially diluted in the past year (90% increase in shares outstanding). Revenue is less than US$1m (CA$121k revenue, or US$89k). Minor Risk Market cap is less than US$100m (€19.1m market cap, or US$20.6m). Tillkännagivande • Mar 29
Vior Inc. announced that it has received CAD 19.313 million in funding from Osisko Mining Inc. On March 28, 2024, Vior Inc. closed the transaction. The company issued 30,000,000 Hard units at a issue price of CAD 0.125 per hard unit for gross proceeds of CAD 3,750,000, 19,840,000 subscription receipts at a issue price of CAD 0.125 per subscription receipt for gross proceeds of CAD 2,480,000 and 58,800,000 flow-through units at a price of CAD 0.2225 per unit for the gross proceeds of CAD 13,083,000 resulting in aggregate gross proceeds of CAD 19,313,000. Each Hard Unit will be comprised of one common share of the company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of CAD 0.21 for a period of twenty-four months following the closing date of the Offering. Each flow-through unit will consist of one share and one-half of one warrant. Each Subscription Receipt will be automatically exchanged, without any action on the part of the holder thereof, for one Hard Unit upon satisfaction of the Escrow Release Conditions. The company paid CAD 735,352.50 as cash commission to agent and issued an aggregate of 3,360,300 non-transferable compensation warrants, each exercisable to acquire one share at an exercise price of CAD 0.21 per share for a period of 24 months following the Closing Date. The securities issued pursuant to the offering are subject to a statutory hold period of four months and one day in accordance with applicable Canada securities laws ending on July 29, 2024. The transaction included participation from Mark Fedosiewich for 400,000 hard units,certain other directors and senior officers of the corporation as to an aggregate of 1,330,000 hard units and Osisko Mining Inc for 16,560,000 hard units and 19,840,000 subscription receipts Tillkännagivande • Mar 21
Vior Inc. announced that it expects to receive CAD 20 million in funding from Osisko Mining Inc. Vior Inc. announced a best efforts private placement of 58,426,966 flow-through units at a price of CAD 0.2225 per unit for the gross proceeds of CAD 12,999,999.935, hard units at a price of CAD 0.125 per unit and subscription receipts at a price of CAD 0.125 per subscription receipt for the combined gross proceeds of CAD 7,000,000; for total gross proceeds of CAD 19,999,999.935 on March 20, 2024. Each Hard Unit will be comprised of one common share of the company and one-half of one common share purchase warrant. Each Warrant will entitle the holder thereof to purchase one Share at an exercise price of CAD 0.21 for a period of twenty-four months following the closing date of the Offering. Each flow-through unit will consist of one share and one-half of one warrant. Each Subscription Receipt will be automatically exchanged, without any action on the part of the holder thereof, for one Hard Unit upon satisfaction of the Escrow Release Conditions. The only subscriber of Subscription Receipts will be Osisko Mining Inc. insofar as the company must obtain, following the closing date, approvals of the TSX Venture Exchange and the shareholders of the company to authorize the creation of Osisko Mining as a new Control Person. In the event that the Escrow Release Conditions are not satisfied on or before June 30, 2024, then the Escrowed Funds together with accrued interest earned thereon will be returned to the holder of the Subscription Receipts and the Subscription Receipts will be cancelled. The Offering is scheduled to close on or about March 28, 2024, and is subject to certain conditions, including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the Exchange. The Offered Securities will be subject to a hold period of four-months and one day from the closing date. Certain insiders of the company are expected to participate in the Offering. it is anticipated that Osisko Mining Inc. will be subscribing to that number of Hard Units that shall result in not more than 19.9% of the then issued and outstanding common shares of the company. New Risk • Feb 23
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$1.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 26% per year over the past 5 years. Revenue is less than US$1m (CA$121k revenue, or US$89k). Minor Risks Shareholders have been diluted in the past year (13% increase in shares outstanding). Market cap is less than US$100m (€9.98m market cap, or US$10.8m). Tillkännagivande • Dec 16
Vior Inc. announced that it has received CAD 0.3518 million in funding Vior Inc. announces that it has completed the closing of a non-brokered private placement of 2,069,413 flow-through common shares at an issue price of CAD 0.17 for gross proceeds of CAD 351,800 on December 15, 2023. The company has paid finder's fee of CAD 11,070 to an arm’s length third party. The transaction is subject to the receipt of all necessary regulatory approvals, including final approval by the TSX Venture Exchange. All the securities issued in the Offering are subject to a restricted hold period of four (4) months and a day, expiring on April 16, 2024. The transaction included participation from an insider for 100,000 flow-through common shares, for total gross proceeds of CAD 17,000. Tillkännagivande • Nov 25
Vior Inc. Provides an Update on the Corporation's Summer 2023 Field Exploration Programs Across Its Three Key Exploration Projects VIOR Inc. provided an update on the Corporation's Summer 2023 field exploration programs across its three key exploration projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project. The field work includes: Stripping, channel sampling, and backpack drilling to investigate near-surface geological continuity should be underway next week at the Belleterre Gold Project. The selection of field exploration sites are a direct outcome of collaboration with industry leaders ALSGoldspot and 3DGeo Solutions, leveraging cutting-edge structural modeling and AI targeting. These advanced methodologies have enabled to target high-potential locations. In addition, through a systematic approach encompassing thorough field validation and analysis, objective is to better define an upcoming major drill program. Future communications will detail these recent compilation works and the compelling exploration targets; A second reconnaissance program for lithium-bearing pegmatites at Belleterre Critical Minerals project (Lithium) was completed in July to better define the most prospective areas. Field crews have confirmed the location of various pegmatite dyke swarms in the proximity of the Two-Mica granite Decelle intrusive; Three field crews were mobilized at the Skyfall Nickel Project for the first-ever large-scale field reconnaissance program looking to validate VTEM anomalies for nickel, however, due to the forest fires were forced to demobilize after a few days. Preliminary results confirmed that VTEM anomalies correlate with surface sulphide conductors, thus representing an excellent tool to lead surface exploration for Nickel mineralization at Skyfall. Reported Earnings • Oct 25
Full year 2023 earnings released Full year 2023 results: Net loss: CA$1.15m (loss narrowed 52% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 87 percentage points per year, which is a significant difference in performance. Tillkännagivande • Oct 14
Vior Inc., Annual General Meeting, Dec 12, 2023 Vior Inc., Annual General Meeting, Dec 12, 2023. Board Change • Oct 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Executive VP & Director Laurent Eustache was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • Sep 21
Vior Inc. Discovers over 16.5 Km of Phosphate Horizons At Foothills Project, Quebec Vior Inc. reported some outstanding initial field exploration results from a 2023 Summer exploration program at its 100% owned district-scale Foothills Project. Field exploration sampling has confirmed an extensive mineralized igneous anorthosite-related phosphate (P2O5) system on the Project. In addition to this new phosphate discovery, the Project is also known for its high-grade mineral content in rutile-bearing massive ilmenite oxide (Titanium (TiO2). The Foothills Project is comprised of 532 claims and encompasses an area of 287 square kilometres (km). It is located north of the town of Saint-Urbain, Quebec (QC), and approximately 100km northeast of Quebec City, QC. The Project benefits from a quality road network and is in close proximity to a deep-water port located approximately 90 km at Saguenay, QC. Highlights: Vior has identified two corridors of 9 and 7.5 kms respectively, along the Saint-Urbain anorthosite contact, and they remain open along strike. These corridors encompass a series of outcroppings with high P2O5 grades of more than 4% along the contact rim between the anorthositic complex of St-Urbain and the Grenville country rocks. This contact is recognized as being the primary mineralized exploration target. These oxide and apatite-rich layers have been identified over several meters in thickness and in numerous locations along strike. These mineralized horizons are associated with an anorthositic complex and are situated in a geological environment similar to other known economic phosphate deposit systems. 139 outcrop samples were collected, of which 67 have returned values of 4 to 6.3% P2O5; in addition, the Project hosts some historic higher-grade mineralization of over 10% P2O5 that has been recognized in boulders (Sigeom, QC). Additionally, occurrences of strongly anomalous Zirconium (Zr) and heavy Rare Earth Elements (REE) were sampled in nearby magnetic country rocks at two different locations. These occurrences deserve and will receive additional exploration work. Additional fieldwork is planned to further evaluate and expand on the full potential of this exciting new phosphate discovery. Also, management is looking at ways to potentially realize value for the other mineral potential on the Project. Quality Assurance /Quality Control (QAQC): Vior has implemented a quality assurance and quality control (QA/QC) program to ensure sampling and analysis of all exploration work is conducted in accordance with industry best practices, including certified reference material (Oreas CRM) inserted into sample batches, at a rate of approximately 5%. All samples collected were transported directly by Vior personnel to the SGS Canada laboratory in Val-d'Or, QC, for standard sample preparation (Code PRP89), which includes: drying at 105°C; crushing to 75%, passing 2 mm; riffle splitting to 250 g: and pulverizing 85%, passing 75 microns. Following the preparation, pulps were shipped to SGS Canada laboratory in Burnaby, BC for analysis, where samples were homogenized and subsequently analyzed for multi-element using Na2O2/NaOH fusion using glassy carbon crucibles with ICP-AES and ICP-MS finish (Code GE_ICM91A50). Major oxides were analyzed by XRF (Code GO_XRF72) using borate fusion method. Tillkännagivande • Aug 17
Vior Provides Mid-Summer Exploration Update Vior Inc. to provide an update on the Corporation's Summer 2023 field exploration programs across its three key exploration projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project.extensive field exploration programs that began this Summer on Vior's Key exploration projects will continue well into Fall 2023. The field work includes: Stripping, channel sampling, and backpack drilling to investigate near-surface geological continuity should be underway next week at the Belleterre Gold Project. The selection of its field exploration sites are a direct outcome of its collaboration with industry leaders ALSGoldspot and 3DGeo Solutions, leveraging cutting-edge structural modeling and AI targeting. These advanced methodologies have enabled to target high-potential locations. In addition, through a systematic approach encompassing thorough field validation and analysis, its objective is to better define an upcoming major drill program. Future communications will detail these recent compilation works and the compelling exploration targets; A second reconnaissance program for lithium-bearing pegmatites at Belleterre Critical Minerals Project (Lithium) was completed in July to better define the most prospective areas. Field crews have confirmed the location of various pegmatite dyke swarms in the proximity of the Two-Mica granite Decelle intrusive; Three field crews were mobilized at the Skyfall Nickel Project for the first-ever large-scale field reconnaissance program looking to validate VTEM anomalies for nickel, however, due to the forest fires were forced to demobilize after a few days. Preliminary results confirmed that VTEM anomalies correlate with surface sulphide conductors, thus representing an excellent tool to lead surface exploration for Nickel mineralization at Skyfall. The team has now returned this past week to resume their promising exploration work; After demobilizing at the Skyfall Nickel project in early June, and awaiting permission to return to the Belleterre project, Vior's Exploration team relocated for 10 days to another Vior project not affected by the temporary restrictions. Upcoming communications will detail the results of this previous unplanned fieldwork. Tillkännagivande • Jun 10
VIOR INC. Provides Update on its Spring/Summer 2023 Field Exploration Programs and Corporate Strategy Across its Three Key Exploration Projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project VIOR INC. provided an update on the Corporation's Spring/Summer 2023 field exploration programs and corporate strategy across its three key exploration projects: Belleterre Gold Project, Belleterre Critical Minerals Project (Lithium) and Skyfall Nickel Project. Vior and its funding partners will spend approximately CAD 2.5 million in direct exploration costs over the Spring/Summer 2023 period. Highlights: Extensive field exploration programs have begun at Belleterre and Skyfall that will continue into Fall 2023. This work will include: stripping, channel sampling, and a backpack drilling to investigate near surface geological continuity at the Belleterre Gold Project; first reconnaissance program for lithium-bearing pegmatites at Belleterre Critical Minerals Project (Lithium) and near surface geological backpack drilling to investigate geological continuity. Field crews have located pegmatite dyke swarms with Two-Mica and Beryl; district-scale helicopter-borne High Definition VTEM survey has been completed at the Skyfall Nickel Project, contributing to an in-depth interpretation of numerous high potential nickel targets. These targets will be validated in the field with the first-ever large-scale field reconnaissance program for nickel. Belleterre Gold Project: Vior began field work in early May at the Belleterre Gold Project, deploying two dedicated crews with the objective of validating the revised regional mineralization model. This validation program follows the comprehensive update to the geochemical and litho-structure analysis undertaken over Winter 2022-2023. This initial field work has helped to better identify key targets with known mineralization for overburden stripping, channel sampling and near surface investigatory backpack drilling. Vior continues to finalize these key targets, including the recognition of new mineralized QFP intrusives frequently associated with gold mineralization throughout the region. Upon completion of the stripping, channel sampling, and mapping program, Vior will finalize and prioritize its drill targets, and then embark on a significant drilling campaign encompassing an estimated 30,000 metres. Belleterre Critical Minerals Project (Lithium): A comprehensive field program at the Belleterre Critical Minerals Project (Lithium) began in May with three crews and will resume through this Summer. The teams are focused on validating all available exploration data, including geochemical, geophysical, and regional geological mapping. The primary objective is to thoroughly map and sample the highly prospective lithium-bearing corridor, spanning a length of 90 kilometres and flanking the Reservoir Decelles Batholith (RDB) contact. Initial findings have already indicated the occurrence of two-mica granites, a significant precursor for the formation of lithium-cesium-tantalum (LCT) pegmatites. Access for prospecting in the region is exceptionally favourable, facilitated by the presence of multiple all-season logging roads and ATV trails. Vior is employing portable X-ray fluorescence (pXRF) field measurements to enhance the accuracy of identifying evolved LCT pegmatites. Once selected locations have undergone analytical confirmation, Vior will proceed with mechanical stripping to uncover and expose cross-sections of promising pegmatite areas. In addition, the exploration team will also undertake some channel sampling, near surface backpack drilling, and subsequent assays of prospective lithium bearing pegmatites. Skyfall Nickel Project: Vior has just initiated its first-ever comprehensive and targeted validation field program for nickel-sulphide bearing horizons at the Skyfall Nickel Project. This work follows the completion of a 3,636 line-kilometre airborne VTEM survey (with a 100m spacing per line), where final results have been received and interpretations are being integrated. The project area benefits from extensive access through a network of logging roads and ATV trails. In line with Vior's systematic exploration approach, the initial prospecting efforts of the crews will encompass sampling of VTEM targets in areas with exposed bedrock and manually stripped areas where shallow overburden is present. Advanced field technologies will be used, including portable pXRF measurements, to effectively identify and assess elevated concentrations of nickel, copper, cobalt, and/or platinum group elements (PGEs). Reported Earnings • May 26
Third quarter 2023 earnings released: CA$0.009 loss per share (vs CA$0.004 loss in 3Q 2022) Third quarter 2023 results: CA$0.009 loss per share (further deteriorated from CA$0.004 loss in 3Q 2022). Net loss: CA$806.9k (loss widened 160% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 24
First half 2023 earnings released: CA$0.003 loss per share (vs CA$0.02 loss in 1H 2022) First half 2023 results: CA$0.003 loss per share (improved from CA$0.02 loss in 1H 2022). Net loss: CA$232.9k (loss narrowed 85% from 1H 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. Tillkännagivande • Feb 15
Vior Inc. Stakes Significant Lithium Exploration Corridor and Expands Its Belleterre Project Vior Inc. announced that it has identified multiple high potential targets for lithium bearing pegmatites and other strategic metals, including nickel and platinum group elements after having completed an extensive regional reconnaissance exploration review in and around its Belleterre Gold Project in the Abitibi-Témiscamingue region of Quebec. After recently identifying this exciting new exploration potential, Vior completed an aggressive map staking of 466 additional claims in the area, comprising over 26,820 hectares (268.2 km2), to secure and explore the high potential lithium-bearing pegmatites at Belleterre. Although known for its historic high-grade gold production, the Belleterre region is also recognized for its lithium endowment with economic grades and quantities discovered and delineated at the advanced Tansim Lithium Project, located 20km north of Vior's property and includes significant drill intercepts: 12.35m @ 1.29% Li2O and 43.7m @ 0.82% Li2O, including 16.1m @ 1.26% Li2O (GM71640). Owned by Sayona Mining Ltd, one of the most advanced pre-production companies in the lithium space, the Tansim project is part of Sayona's Abitibi Hub strategy that includes other advanced production assets and refineries in the Abitibi. By leveraging all publicly available geophysics and surface geochemical data, the Vior team has identified a +80km prospective lithium-bearing corridor that extends south of the Tansim deposit and into the Belleterre district. The corridor was delineated through the analysis of numerous lithium and other pathfinder elements' anomalies from stream and lake bottom sediments and the classification of a prospective 20km lithium-cesium-tantalum type (Li-Cs-Ta) pegmatite dyke swarm to the south of the Belleterre property, similar to that found at the Tansim project. As a result, Vior moved quickly to stake the additional 466 claims, expanding its land position to the East and South in order to encapsulate this prospective lithium exploration corridor that is in close proximity to fertile S-type magmatic units. The Belleterre Project benefits from its advantageous location within the Abitibi-Temiscamingue region, providing competitive exploration costs and exceptional access to key resources. Within close proximity to two major mining towns in Quebec, this provides for a comprehensive mining infrastructure that includes an extensive road network and access to power, as well as a readily available and skilled workforce. The past gold production at the Belleterre gold mine, the highly prospective future gold targets generated by Vior, as well as the advanced lithium project at Tansim are testament to the exploration potential of this area. Vior holds a dominant land position in the region and controls a highly prospective multi-commodity exploration project that can advance quickly with fieldwork expected to start early Spring of 2023. Reported Earnings • Nov 19
First quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.017 loss in 1Q 2022) First quarter 2023 results: CA$0.002 loss per share (improved from CA$0.017 loss in 1Q 2022). Net loss: CA$198.9k (loss narrowed 84% from 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Oct 26
Full year 2022 earnings released Full year 2022 results: Net loss: CA$2.40m (down CA$2.87m from profit in FY 2021). Production and reserves: Gold Number of mines: 1 (1 in FY 2021) Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has increased by 3% per year. Reported Earnings • May 29
Third quarter 2022 earnings released: CA$0.004 loss per share (vs CA$0.008 loss in 3Q 2021) Third quarter 2022 results: CA$0.004 loss per share (up from CA$0.008 loss in 3Q 2021). Net loss: CA$310.0k (loss narrowed 39% from 3Q 2021). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 17% per year. Reported Earnings • Feb 27
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: CA$0.003 loss per share (down from CA$0.001 profit in 2Q 2021). Net loss: CA$265.7k (down 416% from profit in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 25
First quarter 2022 earnings: Revenues and EPS in line with analyst expectations First quarter 2022 results: CA$0.017 loss per share (down from CA$0.004 profit in 1Q 2021). Net loss: CA$1.24m (down CA$1.45m from profit in 1Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 16
Full year 2021 earnings released: EPS CA$0.008 (vs CA$0.007 in FY 2020) Full year 2021 results: Net income: CA$465.0k (up 56% from FY 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 16
Full year 2021 earnings released: EPS CA$0.008 (vs CA$0.007 in FY 2020) Full year 2021 results: Net income: CA$465.0k (up 56% from FY 2020). Over the last 3 years on average, earnings per share has increased by 94% per year but the company’s share price has only increased by 46% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 21
Third quarter 2021 earnings released: CA$0.008 loss per share (vs CA$0.001 loss in 3Q 2020) Third quarter 2021 results: Net loss: CA$504.3k (loss widened CA$449.7k from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS CA$0.001 (vs CA$0.002 in 2Q 2020) Second quarter 2021 results: Net income: CA$84.2k (down 15% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Reported Earnings • Nov 26
First quarter 2021 earnings released: EPS CA$0.004 First quarter 2021 results: Net income: CA$215.1k (up CA$303.9k from 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. 