RE:RE:HALTED Pending News2014-06-26 16:31 ET - News Release
See News Release (C-ASM) Avino Silver & Gold Mines Ltd
Mr. Malcolm Davidson of Avino reports
AVINO PROPOSES TO ACQUIRE COMMON SHARES OF BRALORNE GOLD MINES LTD.
Avino Silver & Gold Mines Ltd., by a share purchase agreement dated June 25, 2014, has agreed to privately acquire 9.5 million common shares of Bralorne Gold Mines Ltd. for a purchase price of 28 cents per share ($2.66-million in total), representing approximately 33.3 per cent of Bralorne's total issued and outstanding shares. The proposed transaction will proceed by way of an exempt takeover bid, after the vendor provides the required statutory seven days notice of intent to distribute securities of Bralorne. Other than 179,149 common shares of Bralorne previously held by Avino, neither Avino, nor any other persons acting jointly or in concert with Avino, previously held any other securities of Bralorne. Accordingly, Avino will own, upon completion of the proposed transaction, a total of 9,679,149 common shares of Bralorne, representing approximately 34 per cent of the total issued and outstanding shares of Bralorne.
Fri 27 Jun 11:16:49 EDT - Trade times are ET. News times are ET. Bid/ask/vol sizes in thousands.
| BPM - V |
7.5 |
0.255 · 0.275 |
2.5 |
0.27 |
-0.005 |
-1.8 |
13.5 |
4 |
4 |
0.275 0.275 0.27 |
0.45 0.205 |
10:23:16 |
09:34 |
15 min RT 2¢ |
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| 10:00:00 |
V |
0.27 |
-0.005 |
500 |
7 TD Sec |
2 RBC |
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| 10:00:00 |
V |
0.275 |
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2,000 |
59 PI |
1 Anonymous |
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