Avion Resources to Re-Commence Trading; Halt Imposed Following Announcement of Proposed Acquisition of Tabakoto and

TORONTO, ONTARIO, Mar 31 (MARKET WIRE) --
Avion Resources Corp. (TSX VENTURE: AVR) ("Avion" or the "Corporation")
is pleased to announce that its common shares will re-commence trading on
the TSX Venture Exchange at the opening on Monday, March 31, 2008.
Trading in the common shares had been halted following announcement that
Avion had executed a binding share purchase agreement that provides for
the acquisition of an 80% interest in the Tabakoto and Segala gold
projects (the "Mali Projects") located in Mali, West Africa from Nevsun
Africa (Barbados) Ltd., a subsidiary of Nevsun Resources Ltd. ("Nevsun").
The remaining 20% interest in the Mali Projects belongs to the Government
of Mali. The Tabakoto project was previously a producing gold mine and
has all mining infrastructure and processing facilities in-place. Nevsun
previously spent approximately US$90 million in capital expenditures to
construct the mine and currently has a tax pool of over US$100 million.

Avion has agreed to pay US$20 million, plus a 1.0% net smelter return
royalty, in consideration for a recently operating gold mine (Tabakoto)
and a land package that includes a nearby deposit (Segala) proximal to
the mine and a number of mine-scale exploration targets. Avion will have
the option to buyout the net smelter royalty for US$2 million during the
five years following the date of closing. As well, the Mali Projects are
owed a fuel tax rebate of approximately US$6 million and has a capital
tax pool of over US$100 million.

The proposed acquisition is scheduled to close on or before May 23, 2008,
subject to a number of conditions, including financing and regulatory
approval, including approval of the TSX Venture Exchange. Avion has
agreed to a US$1 million break fee if the transaction does not close on
or before May 23, 2008. To post the break fee, Avion has borrowed US$1
million from Aberdeen International Inc. ("Aberdeen"). Aberdeen is a
related party of Avion as it owns more than 10% of the issued and
outstanding common shares of Avion and has common officers and directors.
The amount outstanding under the loan will incur interest at a rate of
10% per year, shall be secured against the assets of Avion and shall
mature on September 30, 2008. In consideration for the loan, Avion has
agreed to issue 250,000 share purchase warrants to Aberdeen, each such
share purchase warrant will entitle Aberdeen to acquire one common share
at a price of $0.38 per common share for a period of two years from the
date of issue, subject to regulatory approval. Obtaining this loan from
Aberdeen on short notice facilitated the execution of the Agreement.

Also in connection with the proposed acquisition of the Mali Projects,
Avion has agreed to pay a US$1 million finders fee to an arms-length
third party and grant this private company a 2% net smelter royalty on
the Mali Projects, subject to receipt of regulatory approval.

About Avion Resources Corp.

Avion Resources is a Canadian-based exploration and development company
focused on strategic acquisitions in Africa. Avion has a team of highly
qualified geologists, as well as a strong operational team that is
exploring various properties in the previously mentioned region. Avion
currently has an exploration project in Ethiopia with a total land
position of greater than 5,700 square kilometers.

Cautionary Notes

This press release contains "forward looking information" within the
meaning of applicable Canadian securities legislation. Forward looking
information includes, but is not limited to, statements with respect to
the future financial or operating performance of the Company, the
prospective mineralization of the properties to be acquired, the terms of
acquisition, and the impact of the acquisition on Avion. Generally,
forward looking information can be identified by the use of
forward-looking terminology such as "plans", "expects" or "does not
expect", "is expected", "budget", "scheduled", "estimates", "forecasts",
"intends", "anticipates" or "does not anticipate", or "believes", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would", "might" or "will be taken",
"occur" or "be achieved". Forward-looking information is subject to known
and unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of the
Company to be materially different from those expressed or implied by
such forward-looking information, including but not limited to: general
business, economic, competitive, geopolitical and social uncertainties;
the actual results of current exploration activities; acquisition risks;
and other risks of the mining industry. Although the Company has
attempted to identify important factors that could cause actual results
to differ materially from those contained in forward-looking information,
there may be other factors that cause results not to be as anticipated,
estimated or intended. There can be no assurance that such information
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 information.
The Company does not undertake to update any forward-looking information,
except in accordance with applicable securities laws.

Figure 1. Location of Mali Acquisition Projects is available at the
following web link: http://media3.marketwire.com/docs/avr0331fig1.pdf.

TSX Venture Exchange does not accept responsibility
for the adequacy or accuracy of this release.

Contacts:
Avion Resources Corp.
Rene Bharti
President and CEO
(416) 861-5913
Email: rene@avionresources.com

Avion Resources Corp.
Don Dudek
Senior Vice President Exploration
(416) 861-2261
Email: don@avionresources.com

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