Avino Silver and Gold Mines Ltd. (“Avino” or “theCompany”) is pleased to announce that it has filed a ShelfRegistration statement on Form F-3 with the Securities and Exchange Commission(SEC). The Shelf Registration statement, when declared effective by the SEC,will allow the Company to raise up to US$50 million through the sale ofsecurities, which may consist of common stock, warrants, units or debtsecurities, or a combination thereof, in one or more offerings in the future.Specific terms and prices will be determined at the time of any offering andincluded in a prospectus supplement to be filed with the SEC relating to thatoffering. Although the Company has no immediate intent to sell any of itssecurities under the Shelf Registration statement at this time, the filing ofthe Shelf Registration statement will allow the Company to more quickly andefficiently to take advantage of market conditions in the future. No assurancecan be given that the Company will be able to sell any of its securitiespursuant to the Shelf Registration statement.
A registration statement relating to the securities listed in the ShelfRegistration has been filed with the SEC, but has not yet become effective.These securities may not be sold, nor offers to buy such securities beaccepted, prior to the time that the registration statement becomes effective.This Press Release shall not constitute an offer to sell or the solicitation ofan offer to buy, nor shall there be any sale of these securities, in any statein which such offer, solicitation or sale would be unlawful prior to registrationor qualification under the securities laws of any such state. Any offer ofthese securities will be made solely by means of the prospectus included in theregistration statement and the prospectus supplement relating to that offering.
About Avino
Avino is a silver and gold producer operating the Avino property located inDurango, Mexico. The Company’s mission is to become the next mid-tier silverproducer through profitable organic growth at the Avino property. We arecommitted to managing all business activities in an environmentally responsibleand cost-effective manner while contributing to the well-being of the communityin which we operate.
ON BEHALF OF THE BOARD
“David Wolfin”
________________________________
David Wolfin
President & CEO
Avino Silver & Gold Mines Ltd.
Safe Harbor Statement - This news release contains “forward-lookinginformation” and “forward-looking statements” (together, the “forward lookingstatements”) within the meaning of applicable securities laws and the UnitedStates Private Securities Litigation Reform Act of 1995, including our beliefas to the extent and timing of various studies including the PEA, andexploration results, the potential tonnage, grades and content of deposits,timing and establishment and extent of resources estimates. Theseforward-looking statements are made as of the date of this news release and thedates of technical reports, as applicable. Readers are cautioned not to placeundue reliance on forward-looking statements, as there can be no assurance thatthe future circumstances, outcomes or results anticipated in or implied by suchforward-looking statements will occur or that plans, intentions or expectationsupon which the forward-looking statements are based will occur. While we havebased these forward-looking statements on our expectations about future eventsas at the date that such statements were prepared, the statements are not aguarantee that such future events will occur and are subject to risks,uncertainties, assumptions and other factors which could cause events oroutcomes to differ materially from those expressed or implied by suchforward-looking statements.
Such factors and assumptions include, among others, the effects of generaleconomic conditions, the price of gold, silver and copper, changing foreignexchange rates and actions by government authorities, uncertainties associatedwith legal proceedings and negotiations and misjudgments in the course ofpreparing forward-looking information. In addition, there are known and unknownrisk factors which could cause our actual results, performance or achievementsto differ materially from any future results, performance or achievementsexpressed or implied by the forward-looking statements. Known risk factorsinclude risks associated with project development; the need for additionalfinancing; operational risks associated with mining and mineral processing;fluctuations in metal prices; title matters; uncertainties and risks related tocarrying on business in foreign countries; environmental liability claims andinsurance; reliance on key personnel; the potential for conflicts of interestamong certain of our officers, directors or promoters of with certain otherprojects; the absence of dividends; currency fluctuations; competition;dilution; the volatility of the our common share price and volume; taxconsequences to U.S. investors; and other risks and uncertainties. Although wehave attempted to identify important factors that could cause actual actions,events or results to differ materially from those described in forward-lookingstatements, there may be other factors that cause actions, events or resultsnot to be as anticipated, estimated or intended. There can be no assurance thatforward-looking statements will prove to be accurate, as actual results andfuture events could differ materially from those anticipated in suchstatements. Accordingly, readers should not place undue reliance on forward-lookingstatements. We are under no obligation to update or alter any forward-lookingstatements except as required under applicable securities laws.
Cautionary Note to United States Investors - The information contained hereinand incorporated by reference herein has been prepared in accordance with therequirements of Canadian securities laws, which differ from the requirements ofUnited States securities laws. In particular, the term “resource” does notequate to the term “reserve”. The Securities Exchange Commission’s (the “SEC”)disclosure standards normally do not permit the inclusion of informationconcerning “measured mineral resources”, “indicated mineral resources” or“inferred mineral resources” or other descriptions of the amount of mineralizationin mineral deposits that do not constitute “reserves” by SEC standards, unlesssuch information is required to be disclosed by the law of the Company’sjurisdiction of incorporation or of a jurisdiction in which its securities aretraded. U.S. investors should also understand that “inferred mineral resources”have a great amount of uncertainty as to their existence and great uncertaintyas to their economic and legal feasibility. Disclosure of “contained ounces” ispermitted disclosure under Canadian regulations; however, the SEC normally onlypermits issuers to report mineralization that does not constitute “reserves” bySEC standards as in place tonnage and grade without reference to unit measures.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that termis defined in the policies of the TSX Venture Exchange) accepts responsibilityfor the adequacy or accuracy of this release.