Regent Pacific of Hong Kong Acquires C$1 Million in Shares in Avion Gold of Toronto
Hong Kong-based Regent Pacific Group Limited announced that it has acquired 500,000 shares in Toronto-based Avion Gold Corp. at an average price of C$2.01 per share. This acquisition is valued at an aggregate cash consideration of approximately C$1 million. Avion Gold is a Toronto-based gold mining company focused on West Africa. Avion Gold holds 80% of the Tabakoto and Segala gold projects in Mali. Regent Pacific Group Limited is a diversified mining group focused on the Asia Pacific region, and explores for and mines copper, zinc, gold, silver, lead and coal.