Vior Gold Corporation Expands Portfolio with Major Project Acquisition

BROSSARD, Quebec, March 05, 2026 (GLOBE NEWSWIRE) -- VIOR GOLD CORPORATION INC. (“Vior Gold Corporation”, “Vior” or the “Corporation”) (TSXV: VIO, OTCQB: VIORF, FRA: VL5) is pleased to announce that, on March 4, 2026, it has entered into an asset purchase agreement with Agnico Eagle Mines Limited (“Agnico Eagle”) to acquire a 100% interest in the Kinebik, Peacock and Launay properties located in the Abitibi Greenstone Belt (Figure 1), Quebec (the “Properties”). 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 C$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.

Vior Gold Corporation is a dynamic mining exploration company that recently announced a significant acquisition, expanding its project portfolio with district-scale properties. This strategic move indicates Vior's commitment to enhancing its operational footprint in the competitive sector of gold mining. The company has identified and secured key assets that not only promise potential for exploration but also align with its growth strategy to develop high-value mineral holdings.

The acquisition encompasses multiple mining projects that showcase promising geological features, historical data, and considerable mineral potential. Each of these projects is expected to contribute positively to Vior's long-term goals of sustainability and profitability in operations. By combining these assets, Vior aims to leverage economies of scale and improve efficiencies in the exploration process, targeting key areas with transformational potential for gold extraction.

Vior Gold Corporation's management highlighted that the capital investments and strategic planning involved in this acquisition are designed to enhance shareholder value. The added properties will serve as robust platforms for drilling programs, which are envisioned to unlock further value through enhanced resource delineation.

The company's vision is also centered on responsible mining practices and environmental stewardship, aiming to adhere to stringent standards in operations. Vior is committed to engaging with local communities and stakeholders to ensure that its activities benefit all parties involved, fostering an environment of trust and collaborative development in mining regions.

With an increasing global appetite for precious metals, Vior Gold Corporation is positioning itself advantageously in a marketplace that is ripe for exploration and development. The company's strategy of acquiring district-scale projects illustrates its proactive approach to capitalizing on market conditions while focusing on responsible exploration and development practices to ensure sustainable success.