Avala Res Ltd (AVLRF) 0.0580 $AVLRF
Avala Announces Corporate Update
Marketwired - Thu Oct 09, 4:00PM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" or the "Company"
announces that the 5,863,863 Avala replacement warrants issued in exchange for formerly-listed warrants of Dunav Resources Ltd. ("Dunav" in connection with the plan of arrangement between Avala and Dunav (see October 2, 2014 news release) have been approved for listing on the TSXV and commenced trading on a post-consolidated basis under the symbol "AVZ.WT" today. The warrants are exercisable at $4.80 (post-consolidation) to acquire one Avala share until March 6, 2016. A letter of transmittal has been sent to former Dunav warrantholders providing instructions on how they can obtain replacement Avala warrants.
AVZ.VN: 0.045 (unch), DPM.TO: 3.18 (+0.02), DNV.VN: 0.015 (unch)
Avala Consolidates its Share Capital
Marketwired - Thu Oct 09, 8:10AM CDT
Further to its news release of October 2, 2014, Avala Resources Ltd. ("Avala" or the "Company" (TSX VENTURE: AVZ) announces that effective at the opening of trading on Thursday, October 9, 2014 (the "Effective Time" , the shares of the Company will commence trading on the TSX Venture Exchange ("TSXV" on a consolidated basis of one post consolidation share for every ten pre-consolidation shares. At the Effective Time, the Company will have an authorized share capital of an unlimited number of common shares with 43,594,149 common shares issued and outstanding, subject to adjustment for fractional shares. The Company will be sending out a letter of transmittal to registered shareholders with respect to the consolidated share capital.
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Dundee Precious Metals Acquires Shares and Warrants of Avala Resources Ltd. on Completion of Business Combination With Dunav Resources Ltd.
Marketwire - Fri Oct 03, 4:04PM CDT
Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) ("DPM" or the "Company" announces that it has been issued an additional 83,435,171 common shares ("Shares" and 24,399,736 common share purchase warrants ("Warrants" of Avala Resources Ltd. ("Avala" in exchange for its securities held in Dunav Resources Ltd. ("Dunav" as described herein, upon a completed business combination by way of a plan of arrangement (the "Arrangement" between Avala and Dunav, effective October 2, 2014.
DPM.TO: 3.18 (+0.02), DNV.VN: 0.015 (unch), DPM-WT-A.TO: 0.80 (+0.01)
Avala and Dunav Announce Completion of Business Combination and Share Consolidation
Marketwire - Thu Oct 02, 7:50AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have completed the previously announced business combination by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement" . Following the approval by Avala and Dunav shareholders at their respective shareholder meetings held on September 30, 2014, the Arrangement was approved by the Supreme Court of British Columbia on October 1, 2014.
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala and Dunav Announce Shareholder Approval of the Plan of Arrangement
Marketwire - Wed Oct 01, 10:13AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that each company held a general and special meeting of shareholders on September 30, 2014, and the previously announced plan of arrangement (the "Arrangement" between Avala and Dunav was approved by the shareholders of each company.
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala Completes Second Tranche of Convertible Debenture Private Placement
Marketwire - Wed Sep 17, 3:51PM CDT
Avala Resources Ltd. ("Avala" (TSX VENTURE: AVZ) announces that it has closed a second tranche of US$250,000 of its private placement of up to US$1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" . Avala closed an initial tranche of US$500,000 on August 14, 2014 and subsequently, with TSX Venture approval, extended the time for closing of the private placement until October 6, 2014. Avala intends to use the net proceeds of this second tranche for general working capital purposes.
AVZ.VN: 0.045 (unch)
Avala Extends Convertible Debenture Private Placement
Marketwire - Thu Sep 04, 5:17PM CDT
Avala Resources Ltd. ("Avala" (TSX VENTURE: AVZ) announces that it has received the consent of the TSX Venture Exchange to extend until October 6, 2014, the time in which it can close additional tranches of up to US$1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" . In its news release of August 14, 2014, Avala had announced having closed an initial tranche of US$500,000. Avala expects to close a second tranche of US$250,000 by September 19, 2014 and intends to use the net proceeds for general working capital purposes.
AVZ.VN: 0.045 (unch)
Avala and Dunav Filed Information Circulars in Connection With the Proposed Business Combination
Marketwire - Thu Sep 04, 8:56AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have filed their respective Management Information Circulars and related proxy materials under their profile on SEDAR at www.sedar.com in connection with their annual general and special shareholders' meeting scheduled to be held on September 30, 2014.
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala and Dunav Enter into an Agreement to Merge
Marketwire - Mon Aug 18, 8:38AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have entered into an arrangement agreement on August 15, 2014 (the "Agreement" in respect of the previously announced business combination of
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala Resources Closes First Tranche of Convertible Debenture Private Placement
Marketwire - Thu Aug 14, 7:21AM CDT
Avala Resources Ltd. ("Avala" (TSX VENTURE: AVZ) announces that, further to its press release dated July 28, 2014, it has received acceptance from the TSX Venture Exchange ("TSXV" to issue up to $1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" and it has closed an initial tranche of US$500,000. This initial tranche of the debenture will bear interest at the rate of 12% per annum and mature the earlier of (i) December 11, 2014 and (ii) 5 days from the completion of the previously announced business combination of Avala and Dunav Resources Ltd.
AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala Announces Corporate Update
Marketwired - Thu Oct 09, 4:00PM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala" or the "Company"
announces that the 5,863,863 Avala replacement warrants issued in exchange for formerly-listed warrants of Dunav Resources Ltd. ("Dunav" in connection with the plan of arrangement between Avala and Dunav (see October 2, 2014 news release) have been approved for listing on the TSXV and commenced trading on a post-consolidated basis under the symbol "AVZ.WT" today. The warrants are exercisable at $4.80 (post-consolidation) to acquire one Avala share until March 6, 2016. A letter of transmittal has been sent to former Dunav warrantholders providing instructions on how they can obtain replacement Avala warrants. AVZ.VN: 0.045 (unch), DPM.TO: 3.18 (+0.02), DNV.VN: 0.015 (unch)
Avala Consolidates its Share Capital
Marketwired - Thu Oct 09, 8:10AM CDT
Further to its news release of October 2, 2014, Avala Resources Ltd. ("Avala" or the "Company"
(TSX VENTURE: AVZ) announces that effective at the opening of trading on Thursday, October 9, 2014 (the "Effective Time" , the shares of the Company will commence trading on the TSX Venture Exchange ("TSXV" on a consolidated basis of one post consolidation share for every ten pre-consolidation shares. At the Effective Time, the Company will have an authorized share capital of an unlimited number of common shares with 43,594,149 common shares issued and outstanding, subject to adjustment for fractional shares. The Company will be sending out a letter of transmittal to registered shareholders with respect to the consolidated share capital. AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Dundee Precious Metals Acquires Shares and Warrants of Avala Resources Ltd. on Completion of Business Combination With Dunav Resources Ltd.
Marketwire - Fri Oct 03, 4:04PM CDT
Dundee Precious Metals Inc. (TSX: DPM)(TSX: DPM.WT.A) ("DPM" or the "Company"
announces that it has been issued an additional 83,435,171 common shares ("Shares" and 24,399,736 common share purchase warrants ("Warrants" of Avala Resources Ltd. ("Avala" in exchange for its securities held in Dunav Resources Ltd. ("Dunav" as described herein, upon a completed business combination by way of a plan of arrangement (the "Arrangement" between Avala and Dunav, effective October 2, 2014. DPM.TO: 3.18 (+0.02), DNV.VN: 0.015 (unch), DPM-WT-A.TO: 0.80 (+0.01)
Avala and Dunav Announce Completion of Business Combination and Share Consolidation
Marketwire - Thu Oct 02, 7:50AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala"
and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have completed the previously announced business combination by way of a plan of arrangement under the Business Corporations Act (British Columbia) (the "Arrangement" . Following the approval by Avala and Dunav shareholders at their respective shareholder meetings held on September 30, 2014, the Arrangement was approved by the Supreme Court of British Columbia on October 1, 2014. AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala and Dunav Announce Shareholder Approval of the Plan of Arrangement
Marketwire - Wed Oct 01, 10:13AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala"
and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that each company held a general and special meeting of shareholders on September 30, 2014, and the previously announced plan of arrangement (the "Arrangement" between Avala and Dunav was approved by the shareholders of each company. AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala Completes Second Tranche of Convertible Debenture Private Placement
Marketwire - Wed Sep 17, 3:51PM CDT
Avala Resources Ltd. ("Avala"
(TSX VENTURE: AVZ) announces that it has closed a second tranche of US$250,000 of its private placement of up to US$1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" . Avala closed an initial tranche of US$500,000 on August 14, 2014 and subsequently, with TSX Venture approval, extended the time for closing of the private placement until October 6, 2014. Avala intends to use the net proceeds of this second tranche for general working capital purposes. AVZ.VN: 0.045 (unch)
Avala Extends Convertible Debenture Private Placement
Marketwire - Thu Sep 04, 5:17PM CDT
Avala Resources Ltd. ("Avala"
(TSX VENTURE: AVZ) announces that it has received the consent of the TSX Venture Exchange to extend until October 6, 2014, the time in which it can close additional tranches of up to US$1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" . In its news release of August 14, 2014, Avala had announced having closed an initial tranche of US$500,000. Avala expects to close a second tranche of US$250,000 by September 19, 2014 and intends to use the net proceeds for general working capital purposes. AVZ.VN: 0.045 (unch)
Avala and Dunav Filed Information Circulars in Connection With the Proposed Business Combination
Marketwire - Thu Sep 04, 8:56AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala"
and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have filed their respective Management Information Circulars and related proxy materials under their profile on SEDAR at www.sedar.com in connection with their annual general and special shareholders' meeting scheduled to be held on September 30, 2014. AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala and Dunav Enter into an Agreement to Merge
Marketwire - Mon Aug 18, 8:38AM CDT
Avala Resources Ltd. (TSX VENTURE: AVZ) ("Avala"
and Dunav Resources Ltd. (TSX VENTURE: DNV) ("Dunav" are pleased to announce that they have entered into an arrangement agreement on August 15, 2014 (the "Agreement" in respect of the previously announced business combination of AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
Avala Resources Closes First Tranche of Convertible Debenture Private Placement
Marketwire - Thu Aug 14, 7:21AM CDT
Avala Resources Ltd. ("Avala"
(TSX VENTURE: AVZ) announces that, further to its press release dated July 28, 2014, it has received acceptance from the TSX Venture Exchange ("TSXV" to issue up to $1 million of senior secured convertible debentures to Dundee Precious Metals Inc. ("DPM" and it has closed an initial tranche of US$500,000. This initial tranche of the debenture will bear interest at the rate of 12% per annum and mature the earlier of (i) December 11, 2014 and (ii) 5 days from the completion of the previously announced business combination of Avala and Dunav Resources Ltd. AVZ.VN: 0.045 (unch), DNV.VN: 0.015 (unch)
