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BRIEF-Avnel reports qtrly total revenue $2.4 million

May 11 Avnel Gold Mining Ltd

* Avnel reports first quarter 2017 financial statements and md&a

* Says discussions ongoing with banks and financial institutions on financing Kalana main project

* Qtrly total revenue $2.4 million versus $3.3 million

* Qtrly net loss per share attributable to owners of parent $0.008 Source text for Eikon: Further company coverage:

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