Avino Announces Implementation of Shareholder Rights Plan
The Company announces that its Board of Directors has approved and adopted a Shareholder Rights Plan. The Plan entitles shareholders to severable rights to purchase additional shares of the Company upon the occurrence of a take-over bid (i.e. an offer to purchase 20% or more of the issued shares, when aggregated with the offeror’s shareholdings), which fails to meet certain conditions. Bids which meet these conditions do not trigger the rights to purchase additional shares. Permitted Bids are offers which meet all of the following conditions:









