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AVA Avante Mining Corp

0.10
0.00 (0.00%)
17 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Avante Mining Corp TSXV:AVA TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.10 0.095 0.105 0 01:00:00

Aurvista Gold Corporation Completes Shares for Debt Agreement

22/04/2013 11:29pm

Access Wire


Montreal, Quebec - April 22, 2013, Aurvista Gold Corporation ("Aurvista" or the "Corporation") (TSX-V: AVA) announces that it has completed the previously announced shares for debt agreement with Norvista Resources Corporation. As previously stated in the April 10, 2013 news release, the agreement settled debt amounts outstanding to Norvista as of March 31, 2013, in the amount of $903,503 by way of issuance of 3,928,274 common shares of Aurvista at an issue price of $0.23 per share.

In accordance with applicable securities legislation, the securities issued pursuant to the debt settlement are subject to a hold period of four months plus one day from the date of completion of the debt settlement.

About Aurvista Gold

Aurvista Gold Corporation is a junior gold exploration and development company. Aurvista's principal asset is the Douay Gold Project, consisting of 298 contiguous claims totalling approximately 12,704 hectares located on the Casa Berardi Fault in northern Quebec. The Douay Project contains a NI 43-101 compliant Mineral Resource of 114,652,000 million tonnes at 0.75 g/t gold (2.8 million ounces of gold) in the Inferred category and 2,689,000 tonnes at 2.76 g/t gold (238,433 ounces of gold) in the Measured and Indicated category, at a cut-off of 0.3 g/t gold.


Forward-Looking Statements

This news release may contain forward-looking statements based on assumptions, uncertainties and management's best estimate of future events. Actual events or results could differ materially from the Company's expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. When used herein, words such as "anticipate", "will", "intend" and similar expressions are intended to identify forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Aurvista Gold Corporation's filings with Canadian securities regulators available on www.sedar.com or the Company's website at www.aurvistagold.com.

THIS PRESS RELEASE, REQUIRED BY APPLICABLE CANADIAN LAWS, IS NOT FOR DISTRIBUTION TO U.S. NEWS SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

For further information:

Aurvista Gold Corp.

Richard Adams, President and CEO

Telephone:(416) 682-2674

Facsimile:(416) 504-4129

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS PRESS RELEASE.

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