Avino Receives Conditional Approval to List Shares and Warrants ON TSX
NYSE-AMERICAN: ASM
TSX-V: ASM
December 4, 2017 FSE: GV6
AVINO RECEIVES CONDITIONAL APPROVAL TO LIST
SHARES AND WARRANTS ON TSX
Avino Silver & Gold Mines Ltd. ( NYSE-American: ASM; TSX.V: ASM; “Avino” or the “Company” ) is
pleased to announce it has received conditional approval from the Toronto Stock Exchange (the "TSX")
to graduate from the TSX Venture Exchange ("TSX -V") and list its common shares (“Shares”) and its
warrants (“Warrants”) on the TSX. Each whole Warrant is exercisable to purchase one (1) additional
Share at an exercise price of US$2.00, subject to adjustment, until November 28, 2019.
Final approval of the listing on the TSX is subject to the Company meeting certain standard requirements
of the TSX on or before February 27, 2018 . The Company expects that it will be able to satisfy all
requirements and will make a further announcement once the TSX issues a bulletin confirming the date
on which trading on the TSX will commence. Upon completion of the final listing requirements, the
Company's Shares and Warrants will be delisted from the TSX Venture Exchange and the S hares and
Warrants will commence trading on the TSX.
About Avino
Avino's is a silver and gold producer with a diversified pipeline of gold, silver and base metals properties
in Mexico and Canada employing approximately 500 people. Avino produces from its wholly owned
Avino and San Gonzalo Mines near Durango, Mexico, and is currently ramping up for future production
at the Bralorne Gold Mine in British Columbia, Canada. The Company’s gold and silv er production
remains unhedged. The Company’s mission and strategy is to create shareholder value through its focus
on profitable organic growth at the historic Avino Property near Durango, Mexico, and the strategic
acquisition of mineral exploration and m ining properties. We are committed to managing all business
activities in an environmentally responsible and cost -effective manner, while contributing to the well -
being of the communities in 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 -looking information" and "forward-looking statements" (together, the "forward-
looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995,
including our belief as to the extent and timing of various studies including the PEA, and exploration results, the potential tonnage, grades and
content of deposits, and timing, establishment, and extent of resource estimates. These forward-looking statements are made as of the date of
this news release and the dates of technical reports, as applicable. Readers are cautioned not to place undue reliance on forward -looking
statements, as there can be no assurance that the future circumstances, outcomes or results anticipated in or implied by such forward-looking
statements will occur or that plans, intentions or expectations upon which the forward-looking statements are based will occur. While we have
based these forward -looking statements on our expectations about future events as at the date that such statements were prepared, the
statements are not a guarantee that such future events will occur and are subject to risks, uncertainties, assumptions and other factors which
could cause events or outcomes to differ materially from those expressed or implied by such forward-looking statements.
AVINO SILVER &
GOLD MINES LTD.
T 604.682.3701 Suite 900, 570 Granville Street [email protected]
F 604.682.3600 Vancouver, BC V6C 3P1 www.avino.com
Such factors and assumptions include, among others, the ef fects of general economic conditions, the price of gold, silver and copper, changing
foreign exchange rates and actions by government authorities, uncertainties associated with legal proceedings and negotiation s and
misjudgments in the course of preparing forward-looking information. In addition, there are known and unknown risk factors which could cause
our actual results, performance or achievements to differ materially from any future results, performance or achievements exp ressed or
implied by the forwa rd-looking statements. Known risk factors include risks associated with project development; the need for additional
financing; operational risks associated with mining and mineral processing; fluctuations in metal prices; title matters; unce rtainties and risks
related to carrying on business in foreign countries; environmental liability claims and insurance; reliance on key personnel ; the potential for
conflicts of interest among certain of our officers, directors or promoters with certain other projects; the absence of dividends; currency
fluctuations; competition; dilution; the volatility of our common share price and volume; tax consequences to U.S. investors; and other risks
and uncertainties. Although we have attempted to identify important factors tha t could cause actual actions, events or results to differ
materially from those described in forward -looking statements, there may be other factors that cause actions, events or results not to be as
anticipated, estimated or intended. There can be no assur ance that forward-looking statements will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on
forward-looking statements. We are under no obligation to update or alter any forward-looking statements except as required under applicable
securities laws.
Cautionary Note to United States Investors - The information contained herein and incorporated by reference herein has been prepar ed in
accordance with the requirements of Canadian securities laws, which differ from the requirements of United States securities laws. In
particular, the term "resource" does not equate to the term "reserve". The Securities Exchange Commission's (the "SE C") disclosure standards
normally do not permit the inclusion of information concerning "measured mineral resources", "indicated mineral resources" or "inferred
mineral resources" or other descriptions of the amount of mineralization in mineral deposits th at do not constitute "reserves" by SEC
standards, unless such information is required to be disclosed by the law of the Company's jurisdiction of incorporation or o f a jurisdiction in
which its securities are traded. U.S. investors should also understand that "inferred mineral resources" have a great amount of uncertainty as to
their existence and great uncertainty as to their economic and legal feasibility. Disclosure of "contained ounces" is permitt ed disclosure under
Canadian regulations; however, the SE C normally only permits issuers to report mineralization that does not constitute "reserves" by SEC
standards as in place tonnage and grade without reference to unit measures.
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 release.