January 30, 2015 12:14 AM ET

Metals and Mining

Company Overview of Bralorne Gold Mines Ltd.

Company Overview

Bralorne Gold Mines Ltd., an exploration and development stage company, engages in the exploration and development of various mineral properties in Canada. It holds a 100% interest in the Bralorne Gold mine located in British Columbia. The company was founded in 1992 and is headquartered in Vancouver, Canada. As of October 20, 2014, Bralorne Gold Mines Ltd. operates as a subsidiary of Avino Silver & Gold Mines Ltd.

570 Granville Street

Suite 900

Vancouver, BC V6C 3P1

Canada

Founded in 1992

Key Executives for Bralorne Gold Mines Ltd.

Chief Executive Officer and Independent Director
President
Chief Financial Officer
Corporate Secretary
Vice President of Finance
Age: 46
Compensation as of Fiscal Year 2014.

Bralorne Gold Mines Ltd. Key Developments

Bralorne Gold Mines Ltd., Annual General Meeting, Oct 09, 2014

Bralorne Gold Mines Ltd., Annual General Meeting, Oct 09, 2014., at 11:00 Pacific Daylight. Location: Rosewood Hotel Georgia. Agenda: To receive the report of the Directors; to receive the financial statements of the company for its fiscal year ended January 31, 2014 and the report of the Auditors thereon; to appoint Auditors for the ensuing year and to authorize the Directors to fix their remuneration; to determine the number of directors and to elect directors; to approve an arrangement under the provisions of division 5 of part 9 of the BCA, involving Bralorne, the Bralorne Securityholders, and Avino Silver & Gold Mines Ltd., as more particularly described in the accompanying information circular; to approve a new 10% rolling stock option plan, as more particularly described in the information circular; and to transact such other business as may properly come before the meeting.

Bralorne Gold Mines Ltd. Enters into Secured Loan Agreement with Avino Silver & Gold Mines Ltd

Bralorne Gold Mines Ltd. announced that it has entered into a secured loan agreement with Avino Silver & Gold Mines Ltd. and has received an advance of CAD 500,000 carrying interest of 12.0% per annum. The company plans to use the loan for its general working capital. The company anticipates receiving a further sum of CAD 750,000, for an aggregate total of CAD 1,250,000 pursuant to the loan agreement.

Bralorne Gold Mines Ltd. Reports Operating Results for the First Quarter of 2014

Bralorne Gold Mines Ltd. reported operating results for the first quarter of 2014. For the quarter, gold output totaled 1,736 ounces. gold Milled was 7,678 metric tonnes.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
June 30, 2014
--
Private Placement
June 30, 2014
--
Merger/Acquisition
June 25, 2014
--
 

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