Brief: Avino Acquires Neighboring La Preciosa Project

Avino Silver & Gold Mines

27/10/2021 22:25

Oct 27 (Reuters) - Avino Silver & Gold Mines Ltd  ASM.TO :
    * AVINO ACQUIRES NEIGHBORING LA PRECIOSA PROJECT; ADDS
SIGNIFICANT
PRODUCTION POTENTIAL TO GROWTH PROFILE, AND SUBSTANTIALLY
ENHANCES ITS MINERAL RESOURCES
    * AVINO SILVER & GOLD MINES LTD - AGREED TO PAY CASH
CONSIDERATION
OF US$20 MILLION OF WHICH US$15 MILLION IS PAYABLE AT CLOSING OF
TRANSACTION FROM AVINO'S CASH ON HAND

Source text for Eikon:  ID:nPnXfhTya 
Further company coverage:  ASM.TO 

 ((Reuters.Briefs@thomsonreuters.com;))