Category: Investor’s Corner

Avino Silver & Gold Mines Ltd. to Acquire Bralorne Gold Mines Ltd.

Avino Silver & Gold Mines Ltd. and Bralorne Gold Mines Ltd. are pleased to announce that they have entered into a letter of intent pursuant to which it is contemplated that Avino will acquire all of the outstanding common shares of Bralorne which Avino does not already own by way of a plan of arrangement. Upon completion of the Transaction, it is anticipated that approximately 2,636,857 common shares of Avino will be issued to former Bralorne shareholders to acquire Bralorne which holds an undivided 100% legal and beneficial interest in the operating Bralorne gold mine in British Columbia.

Avino Silver & Gold Mines Ltd. to Acquire Bralorne Gold Mines Ltd.

Avino Silver & Gold Mines Ltd. and Bralorne Gold Mines Ltd. are pleased to announce that they have entered into a letter of intent pursuant to which it is contemplated that Avino will acquire all of the outstanding common shares of Bralorne which Avino does not already own by way of a plan of arrangement. Upon completion of the Transaction, it is anticipated that approximately 2,636,857 common shares of Avino will be issued to former Bralorne shareholders to acquire Bralorne which holds an undivided 100% legal and beneficial interest in the operating Bralorne gold mine in British Columbia.

Mercator Minerals Provides Update in Connection with Intergeo Combination

Mercator Minerals Ltd. announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd announced on December 12, 2013, the Company’s wholly owned subsidiary Mineral Park Inc., has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo’s controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million.

Mercator Minerals Provides Update in Connection with Intergeo Combination

Mercator Minerals Ltd. announces, that in connection with the proposed business combination between Mercator and Intergeo MMC Ltd announced on December 12, 2013, the Company’s wholly owned subsidiary Mineral Park Inc., has recently drawn down a further US$1.0 million under the bridge loan advanced by Daselina Investments Ltd., Intergeo’s controlling shareholder, in connection with the Arrangement, taking the current principal balance outstanding under the bridge loan to US$13.0 million.

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