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| Home : Avino Executes Agreement for Second U.S. Brokered Public Offering |
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Feb 21
2014 |
Avino Executes Agreement for Second U.S. Brokered Public Offering |
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VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb. 21, 2014) - Avino Silver & Gold Mines Ltd. (NYSE MKT:ASM)(TSX VENTURE:ASM)(FRANKFURT:GV6); ("Avino" or "the Company") is pleased to announce entering into an agreement for a brokered public offering in the United States (the "Offering") through Noble Financial Capital Markets of Boca Raton, Florida (the "Agent") as placement agent to two institutional investors. A total of USD$5,000,000 in gross proceeds are anticipated to be raised through the sale of 2,066,115 units (the "Units") at a price of USD$2.42 per Unit. Each Unit will consist of one (1) common share and one-half (1/2) of a transferable share purchase warrant (the "Warrants"), subject to customary closing conditions. It is anticipated that the Offering will close on or around February 25, 2014. |
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| Source:http://www.marketwired.com/mw/release.do?id=1881470&sourceType=3 |
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