Avion Gold Corp AVGCF

RE: RE: RE: Outstanding Shares

[JonEcash]

ak27's count is correct.....  Roughly speaking,


Per their September 30, 2009 interim f/s:

Shares o/s                        215M
Warrants o/s                       49M
Options o/s                         23M  (of which almost 3.7M are underwater till $1.07)
                                            287M

Add recent financing:

Issued shares                    57M
Broker warrants                    4M
                                               61M 

Options granted:                   4M


GQ property acquisition:      8M


Total FD shares:                360M  

J$