About Avion Gold Corporation

Avion is a Canadian-based gold company focused in West Africa. The Company currently holds 80% of the Tabakoto and Segala gold projects in Mali. Gold production at these projects has commenced, with approximately 66,000 ounces of production forecast for 2009 rising to almost 101,000 ounces by 2012. Avion has a highly skilled management team, with a focus on growth and consolidation within West Africa.

Avion also recently signed a letter of agreement to acquire all of the outstanding common shares of Dynamite Resources (TSXV: DNR) in exchange for common shares of Avion. Upon completion of the transaction, the combined company will have approximately CAD $13 million in cash and cash equivalents, as well as full ownership of the Segala and Tabakoto projects, subject to the Government of Malis 20% interest. The transaction will also allow Avion to take advantage of the substantial exploration opportunities on its property as proven by the 15,0000 meter drill program completed in 2008.