/C O R R E C T I O N -- Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions/

In the news release, IIROC Trading Halt - AVM, issued 08-Mar-2016 by Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions, pls note that the halt time should read "2:58 PM" not "2:38 PM" The complete, corrected release follows:

IIROC Trading Halt - AVM

TORONTO, March 8, 2016 /CNW/ - The following issues have been halted by IIROC:

Company: Avarone Metals Inc.

CSE Symbol: AVM (all issues)

Reason: Pending News

Halt Time (ET): 2:58 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

For further information: IIROC Inquiries 1-877-442-4322 (Option 2) - Please note that IIROC is not able to provide any additional information regarding a specific trading halt. Information is limited to general enquiries only.