Avino Silver and Gold Mines Ltd. (ASM: NYSE - MKT, ASM: TSX.V; “Avino” or “the Company”) is pleased to announce that as of May 4, 2015, it has sold 1,195,733 common shares through an at-the-market brokered public offering in the United States with Cantor Fitzgerald & Co. of New York raising a total of USD$1,843,532 in gross proceeds.
The funds raised from the sale of Shares will be used for advancing the development of the Company’s Avino mine property and its mining operations in Mexico, to develop the Bralorne mine and for general working capital.
The common shares sold in the at-the-market offering were made pursuant to a prospectus supplement to the Company’s prospectus, dated July 7, 2014, filed as part of the Company’s effective registration statement. The common shares sold in the at-the-market offering may be made only by means of a prospectus supplement and the related prospectus.
Cantor Fitzgerald & Co. is the sales agent for the at-the-market offering. Copies of the prospectus supplement and accompanying prospectus relating to these securities may be obtained by contacting Cantor Fitzgerald & Co., Attention: Equity Capital Markets, 110 East 59th Street, New York, New York, 10022, telephone: 212-829-7122.
“We are very excited to have Cantor Fitzgerald working to help Avino reach its goal of becoming a mid-tier producer.”