Vior Gold Acquires Agnico Eagle Mining Assets

VIOR GOLD entered into an asset purchase agreement with Agnico Eagle Mines to acquire a 100% interest in the Kinebik, Peacock and Launay properties located in the Abitibi Greenstone Belt, Quebec. At closing, as partial consideration for the acquisition, Vior Gold Corporation will: issue 45,665,965 common shares representing 9.9% of the Corporation's issued and outstanding common shares; and 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. At closing, Vior will also grant Agnico Eagle a 2% Net Smelter Return Royalty on all exclusive exploration rights that are free of any existing royalties. On all EER and other mining titles comprising the Properties where pre-existing royalties exist, Vior will grant Agnico Eagle a 2.0% NSR royalty subject to a 1.0% buyback right for C$2.0M exercisable at Vior's discretion at any time. The parties will also enter into an investor rights agreement granting Agnico Eagle certain rights, such as the right to participate in future equity financings of the Corporation and the right to designate one nominee to the board of directors of the Corporation provided that Agnico Eagle maintains at least a 5% ownership of the Corporation. In aggregate, the Properties are comprised of 1,613 EERs, representing a total surface area of more than 86,373 hectares.