Brief: Avino Silver & Gold Mines Ltd Negotiates Sale Of Bralorne Gold Mines Ltd To Talisker Resources Ltd

Avino Silver & Gold Mines

21/11/2019 12:11

Nov 21 (Reuters) - Avino Silver & Gold Mines Ltd  ASM.TO :
    * AVINO NEGOTIATES SALE OF BRALORNE GOLD MINES LTD. TO
TALISKER
RESOURCES LTD.
    * AVINO SILVER & GOLD MINES LTD - DEAL FOR C$8.7 MILLION
    * AVINO SILVER & GOLD MINES LTD - "WE BELIEVE THAT AVINO IS
VASTLY
UNDERVALUED RELATIVE TO OUR SILVER PEERS"
    * AVINO SILVER & GOLD MINES - DEAL INCLUDES ISSUANCE OF
COMMON
SHARES EQUAL TO 9.9% OF TALISKER FOR COMPLETION OF DEAL AFTER
REQUIRED EQUITY FINANCING
    * AVINO SILVER & GOLD MINES LTD - DEAL INCLUDES CASH PAYMENT
OF
$2.5 MILLION, UPON COMMENCEMENT OF COMMERCIAL PRODUCTION AT
BRALORNE MINE

Source text for Eikon:  ID:nCNW9BG1fa 
Further company coverage:  ASM.TO 

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