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THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION.
TORONTO, Oct. 31, 2017 /CNW/ - Avesoro Resources Inc. (AIM:ASO /TSX:ASO) ("Avesoro" or the "Company") announces that further to the Acquisition and Placing announced earlier today, the period in which the Broker Option could be exercised has now ended.
The aggregate amount raised by the Company remains approximately £15.2 million (approximately US$20.0 million) through the placing of 797,449,000 Placing Shares at the Placing Price.
Defined terms used in this announcement have the same meaning as in the Company's announcement of 7.00am on 31 October 2017.
SOURCE Avesoro Resources Inc.
For further information: Avesoro Resources Inc.: Geoff Eyre / Nick Smith, Tel: +44(0) 20 3874 4740; Hannam & Partners (Advisory) LLP (Financial Advisor, Joint Bookrunner & Joint Broker): Rupert Fane / Ingo Hofmaier / Ernest Bell, Tel: +44(0) 20 7907 8500; Numis Securities Limited (Nominated Adviser, Joint Bookrunner & Joint Broker): John Prior / James Black / Paul Gillam, Tel: +44(0) 20 7260 1000; Sprott Capital Partners, a division of Sprott Private Wealth LP (Co-Lead Manager): David Wargo / Scott Robertson, Tel: +1 416 945 3318; Camarco (Financial PR Advisor): Gordon Poole / Nick Hennis, Tel: +44(0) 20 3757 4980