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Re: johnlw post# 8152

Friday, 06/20/2008 12:55:46 AM

Friday, June 20, 2008 12:55:46 AM

Post# of 8585
Avion Resources 8,863,633-share private placement

2007-11-14 14:48 MT - Private Placement

The TSX Venture Exchange has accepted for filing documentation with respect to the first tranche of a non-brokered private placement announced Aug. 22, 2007.

Number of shares: 8,863,633 shares

Purchase price: 22 cents per share

Warrants: 8,863,633 share purchase warrants to purchase 8,863,633 shares

Warrant exercise price: 29 cents for a two-year period

Number of hidden placees: 40 placees

Insiders/pro groups: Rene Bharti (insider) 691,696; David Meyer (insider) 50,000; Scott Moore (pro group) 100,000; Lawrence Partner Fund (Lawrence Asset Management -- R. John Lawrence) (pro group) 800,000; Alex Rothwell (pro group) 65,900; Doug Bell (pro group) 100,000; Ron D'ambrosio (pro group) 34,100; 485374 B.C. Ltd. (Harry Pokrandt) (pro group) 65,900; Rony Oram (pro group) 65,900; Tim Sorenson (pro group) 34,100; Michael Nininger (pro group) 34,100; Aberdeen International Inc. (insider) 2,818,700; Stan Bharti (insider) 1,363,636; Pat Gleeson (insider) 45,454

Finders' fees: Lucky Janda will receive a 5-per-cent cash finder's fee in the amount of $40,000. Judy-Ann Pottinger will receive a 5-per-cent cash finder's fee in the amount of $22,000.

T

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