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Avalon Minerals Ltd (AVI.AX)

AVI.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Avalon Minerals to not proceed with discovery zone acquisition
Thursday, 8 Oct 2015 05:58pm EDT 

Avalon Minerals:Entered into a Binding Heads of Agreement (`HoA') with Hannans Reward Ltd. (`Hannans') on 2nd May 2013 regarding acquisition by Avalon of the Discovery Zone copper-iron deposit located 10km south of the Viscaria Copper Project.Says a Variation to the HoA was signed on 30 September 2013 which outlined the modified terms of payment for the acquisition.Avalon has not agreed to an extension of the agreement and has therefore issued Hannans with a refund notice for the initial payment of A$1 million.Says agreement considers that the refund of the First Payment may be either by cash or the transfer of assets of similar value.  Full Article

Avalon Minerals Ltd announces ownership interest of Tan Sri Abu Sahid Bin Mohamed
Monday, 22 Jun 2015 06:26pm EDT 

Avalon Minerals Ltd:Says Tan Sri Abu Sahid Bin Mohamed holds 32,261,909 person's votes which represents 13.42 pct of the voting power of the company.  Full Article

Avalon Minerals Ltd announces issue of ordinary shares
Wednesday, 17 Jun 2015 01:21am EDT 

Avalon Minerals Ltd:Issues 12,000,000 fully paid ordinary shares at $0.035.  Full Article

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