09:30 AM EST - Avion Resources Corp. : announced that it has signed a letter of agreement to acquire all of the outstanding common shares of Dynamite Resources Ltd. in exchange for common shares of Avion. As a result of the business combination, Avion, with its near term gold producing Segala mine and experienced operating technical team, will be combined with Dynamite, which has a 40% interest in the Segala mine and a cash position of approximately $11 million. Pursuant to the Transaction, each Dynamite common share will be exchanged for 0.75 of an Avion common share. Avion Resources Corp.
shares V.AVR are trading even at $0.20.
