Avion Gold Corporation
TSX VENTURE : AVR
OTCQX : AVGCF

Avion Gold Corporation

April 23, 2010 00:41 ET

Avion Gold Corporation Announces Termination of Public Offering

TORONTO, ONTARIO--(Marketwire - April 23, 2010) -

NOT FOR ISSUE IN THE UNITED STATES OR TO U.S. NEWSWIRE SERVICES

Avion Gold Corporation (TSX VENTURE:AVR)(OTCQX:AVGCF) ("Avion" or the "Company") announces that its $25 million bought deal financing of 35,800,000 units at a price of $0.70 per unit announced on April 16, 2010 has been terminated by the underwriters.

About Avion Gold Corporation

Avion is a Canadian-based gold mining company focused in West Africa. The Company holds 80% of the Tabakoto and Ségala gold projects in Mali. Avion has a highly skilled management team, with a focus on growth and consolidation within West Africa.

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