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VANCOUVER, BRITISH COLUMBIA June 26, 2026 - TheNewswire Avrupa Minerals Ltd. (TSXV:AVU,OTC:AVPMF) ("Avrupa" or the "Company") is pleased to announce that the Private Placement, as announced on June 17, 2026, is fully subscribed and increased to raise $510,000 by way of issuing 10,200,000 Units at $0.05 per Unit. The proceeds of the private placement financing will be used to fund exploration at its copper-focused projects in Finland, ongoing operations in Portugal, and for working capital. Avrupa also holds the Slivova gold project in Kosovo which is currently under option to a third party who manages and funds the project. The Offering will close in the next 10 days.
Private Placement
Subject to the approval of the TSX Venture Exchange (the "Exchange"), the Company has raised $510,000 by way of a non-brokered private placement offering (the "Offering") by issuing 10.2 million units (each, a "Unit") at a price of $0.05.
Each Unit will be comprised of one common share of the Company and one-half common share purchase warrant (each, a "Warrant"). Each whole Warrant will entitle the holder thereof to purchase one additional common share of the Company at an exercise price of $0.10 per common share, for a period of 36 months from the date of closing of the Offering. Finders' fees of 7.5% in cash will be paid to eligible parties.
Closing of the Offering is subject to all applicable regulatory approvals, including the approval of the Exchange. All securities are subject to a hold period of four months and one day in accordance with applicable securities laws.
Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company directed to discovery of mineral deposits, using a hybrid project generator business model. The Company holds one 100%-owned project in Portugal, the Alvalade VMS Project, and has submitted an application for a mining license covering the Sesmarias massive sulfide showing within the Project area. The Company holds one 49%-owned exploration license covering the Slivova Gold Project in Kosovo, optioned to Western Tethyan Resources. The Company is actively advancing seven copper-zinc prospects and one gold prospect in central Finland through its partnership with Akkerman Exploration B.V. in the Finnish exploration company, Akkerman Finland Oy. Avrupa focuses its project generation work in politically stable and prospective regions of Europe, presently including Portugal, Finland, and Kosovo. The Company continues to seek and develop other opportunities around Europe and is actively looking for new JV partnerships in Finland and Portugal.
For additional information, contact Avrupa Minerals Ltd. at 1-604-687-3520 or visit our website at www.avrupaminerals.com.
On behalf of the Board,
"Paul W. Kuhn"
Paul W. Kuhn, President & Director
This news release was prepared by Company management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a Licensed Professional Geologist and a Registered Member of the Society of Mining Engineers, is a Qualified Person as defined by National Instrument 43-101 of the Canadian Securities Administrators. He has reviewed the technical disclosure in this release. Mr. Kuhn, the QP, has not only reviewed, but prepared and supervised the preparation or approval of the scientific and technical content in the news release.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Copyright (c) 2026 TheNewswire - All rights reserved.
