Avion Resources
Avion Gold adds OTCQX listing to TSX-Venture presence
OTCQX is a premium market tier offered by Pink OTC Markets that aims to raise the visibility of OTC-traded companies that, although not traded on a stock exchange, have operating businesses and provide substantial disclosure to the marketplace.
President and CEO John Begeman said: "Avion is pleased with this new listing in the United States. The listing of Avion Gold on the OTCQX will streamline the opportunity for investors to participate in the growth of a company that has expansion plans and that has existing gold production."
Pink OTC Markets is an inter-deal quotation system as well as a trading technology and financial information provider for over-the-counter (OTC) securities.
Canada-based Avion Gold is focused in West Africa. The company holds 80 percent of the Tabakoto and Segala gold projects in Mali. Gold production at these projects has started, with Avion producing slightly over 51,000 ounces in 2009.
The production forecast for 2010 is 100,000 ounces with an expected cash cost of US$450 per ounce.
Other Avion Resources articles
Other Avion Resources news
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11/01/10 Avion Gold fourth quarter production hits 21,300 ounces, cash costs come in at $495/ounce
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09/07/09 Avion intersects promising gold grades at Segala mine in Mali
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11/12/08 Avion Resources says drilling at Mali gold projects keeps meeting expectations
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