Exchange Bulletin

Avala Resources Ltd. (AVZ.WT) To Trade On Toronto Stock Exchange


October 9, 2014

AVALA RESOURCES LTD. ("AVZ") ("AVZ.WT")
BULLETIN TYPE: New Listing-Warrants & Consolidation
BULLETIN DATE: October 8, 2014
TSX Venture Tier 1 Company

Effective at the opening, Thursday, October 9, 2014, common share purchase warrants of the Company will commence trading on TSX Venture Exchange. The
Company is classified as an 'Exploration/Development' company.

Corporate Jurisdiction: Canada

Capitalization: 5,863,915 warrants with no par value of which
5,863,915 are issued and outstanding

Transfer Agent: Olympia Transfer Services Inc.
Trading Symbol: AVZ.WT
CUSIP Number: 05337B132

The warrants were issued pursuant to the Company's Warrant Indenture dated
March 6, 2013 and Supplemental Warrant Indenture dated October 2, 2014. The warrants were issued pursuant to the plan of arrangement between the Company and Dunav Resources Ltd. (for further information refer to Exchange bulletin dated October 2, 2014). Each warrant entitles the holder to purchase one common share of the Company at a price of $4.80 per share and will expire on March 6, 2016.

Consolidation

The Company has consolidated its capital on the basis of ten (10) existing common shares for one (1) new common share. The name of the Company has not been changed.

Effective at the opening on Thursday, October 9, 2014, the common shares and warrants of Avala Resources Ltd. will commence trading on TSX Venture Exchange on a consolidated basis. The Company is classified as an 'Exploration/Development' company.

Post - Consolidation
Capitalization: Unlimited shares with no par value of which
43,594,149 shares are issued and outstanding
5,863,915 warrants are issued and outstanding
Escrow: 0 shares

Transfer Agent: Olympia Transfer Services Inc.
Trading Symbol: AVZ (UNCHANGED)
AVZ.WT (NEW)
CUSIP Number: 05337B603 (NEW)
05337B132 (NEW)