LONGUEUIL, QUEBEC — (Marketwired) — 10/09/14 — 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
LONGUEUIL, QUEBEC — (Marketwired) — 10/09/14 — 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 E
LONGUEUIL, QUEBEC — (Marketwired) — 09/17/14 — 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. Av
LONGUEUIL, QUEBEC — (Marketwired) — 12/02/13 — Avala Resources Ltd. ("Avala") (TSX VENTURE: AVZ) reports the filing of a technical report in accordance with National Instrument 43-101 in support of the updated mineral resource estimate announced in Avala-s October 16, 2013 news release. The technical report also includes detailed information about the metallurgical testwork carried out during 2013 on the Bigar Hill, Korkan and Kraku Pester deposits, which form part of the Timok Go
LONGUEUIL, QUEBEC — (Marketwired) — 11/25/13 — Avala Resources Ltd. (TSX VENTURE: AVZ) (the "Company" or "Avala") is pleased to announce that ongoing metallurgical testwork on the Bigar Hill, Korkan and Kraku Pester deposits, which form part of the Timok Gold Project, has confirmed that a gold-rich pyrite concentrate suitable for sale to smelters can be produced using conventional mineral unit processes.Commenting on the results of the metallurgical testwork, James Cromb
– including 14 meters at 8.27g/t Au and 100g/t Ag and 10 meters at 6.26g/t Au and 166g/t Ag
Total indicated gold resources increased to 2.3 million ounces of gold (46.3 million tonnes at 1.56 Au g/t gold)
LONGUEUIL, QUEBEC — (Marketwired) — 06/18/13 — Avala Resources Ltd. (TSX VENTURE: AVZ) held its annual general and special meeting of shareholders on June 18, 2013. All items of business on the agenda were approved including the re-election of the eight directors, the re-appointment of the independent auditors, and the confirmation of the stock option plan.Avala also announces that, subject to regulatory approval, it has granted an aggregate of 125,000 stock options to non-executive directo
LONGUEUIL, QUEBEC — (Marketwire) — 03/25/13 — Avala Resources Ltd. (TSX VENTURE: AVZ) (the "Company" or "Avala") is pleased to present drill results from the Korkan infill drilling program, part of the Timok Gold Project.Korkan Infill Drilling ProgramThe Company has established a fully equipped, -state of the art- laboratory facility at Bor, Eastern Serbia which is independently managed by SGS. Diamond drill core and RC samples have been prepared and assayed at the SGS-m
LONGUEUIL, QUEBEC — (Marketwire) — 02/28/13 — Avala Resources Ltd. (TSX VENTURE: AVZ) reports the filing on SEDAR of an updated NI 43-101 technical report on its Timok Gold Project, including the Kraku Pester mineral resource estimate announced in a press release on January 14, 2013. The technical report was prepared by Chris Arnold, MAusIMM (CP), of AMC Consultants (UK) Limited and Deepak Malhotra, P. Eng, PhD (SME), of Resource Development Inc.The technical report is available on SEDAR ()
