Avino Silver & Gold Mines Ltd. is pleased to announce that further to its press release dated November 21, 2019, it has closed the agreement with Talisker Resources Ltd. for the sale of all of the issued and outstanding shares of Bralorne Gold Mines Ltd. to Talisker for: A cash consideration of C$8.7 million; The issuance of 12,580,000 common [...]
Avino Silver & Gold Mines is pleased to announce that it has entered into a definitive agreement with Talisker Resources Ltd. for the sale of all of the issued and outstanding shares of Bralorne Gold Mines to Talisker on the closing date of the Transaction, for: A cash consideration of C$8.7 million; The issuance of common shares equal to 9.9% of [...]
Avino Silver & Gold Mines and Bralorne Gold Mines are pleased to report that the previously announced arrangement has been completed. Avino has acquired all of the outstanding common shares of Bralorne not already owned by Avino, in exchange for issuing up to 2,636,844 common shares of Avino to the shareholders of Bralorne, resulting in Bralorne [...]
Avino Silver & Gold Mines and Bralorne Gold Mines are pleased to report that Bralorne securityholders have voted overwhelmingly in favour of the previously announced arrangement whereby Avino will acquire all of the outstanding common shares of Bralorne not already owned by Avino, resulting in Bralorne becoming a wholly-owned subsidiary of Avino [...]
Bralorne Gold Mines announces that Institutional Shareholder Services has recommended that shareholders vote "FOR" the special resolution to approve the plan of arrangement between Bralorne and Avino Silver & Gold Mines to be considered at the upcoming annual and special meeting of Bralorne shareholders and holders of Bralorne options to be held at [...]
Bralorne Gold Mines reports that further to the proposed acquisition of Bralorne by Avino Silver & Gold Mines by plan of arrangement as announced on June 30, 2014 and August 1, Avino has advanced to Bralorne the second loan instalment of $750,000 to meet Bralorne's ongoing working capital requirements. Avino has now advanced to Bralorne a total of [...]
Further to their joint news release dated June 30, 2014, Avino and Bralorne have executed a binding arrangement agreement whereby Avino will acquire all of the outstanding common shares of Bralorne which Avino does not already own by way of a plan of arrangement under the Business Corporations Act. Upon completion of the Arrangement, it is [...]
Bralorne Gold Mines announces that it has granted incentive stock options for the purchase of up to 448,500 shares at a price of $0.30 per share exercisable on or before July 30, 2019 to officers and employees of the Company. The options are subject to a stock option plan.
Bralorne Gold Mines is pleased to announce that it has entered into a secured loan agreement with Avino Silver & Gold Mines and has received an advance of CDN$500,000 carrying interest of 12.0% per annum. The Company plans to use the loan for its general working capital. The Company anticipates receiving a further sum of CDN$750,000, for an [...]
Bralorne Gold Mines is pleased to report first quarter gold output at the Company's 100% owned Bralorne Gold Mine located near Gold Bridge, British Columbia. For the first quarter of this fiscal year, gold output totaled 1,736 ounces. Full details are provided below. Bralorne Mine: First Quarter 2014
Avino Silver & Gold Mines and Bralorne Gold Mines 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 [...]
Bralorne Gold Mines announces that by a share purchase agreement dated June 25, 2014 with certain a private vendor, Avino Silver & Gold Mines Ltd. has agreed to acquire 9,500,000 common shares of Bralorne for a purchase price of CAD$0.28 per share, representing approximately 33.3% of Bralorne's total issued and outstanding shares. The Proposed [...]