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Avino Acquires Outstanding Royalties and Contingent Payments On La Preciosa, Achieving 100% Ownership and Lowering Operating Cost Profile

1. Avino Silver acquires full ownership of La Preciosa project, eliminating royalties. 2. This strategic move enhances control and potential revenue from the asset.

M&A
+3.96%Current Return
VS
-0.44%S&P 500
$4.0408/25 06:52 AM EDTEvent Start
$4.208/26 12:28 AM EDTLatest Updated
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FAQ

Why Bullish?

Acquiring full ownership boosts Avino's asset value and reduces ongoing costs, similar to other mining gains after asset consolidations.

How important is it?

The transaction directly enhances Avino's financial position and control over its assets, likely attracting investors.

Why Short Term?

The acquisition should quickly reflect in Avino's stock as investors favor reduced royalty obligations.

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DRRAGSLV
VANCOUVER, BC / ACCESS Newswire / August 25, 2025 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) ("Avino" or the "Company"), a long-standing silver producer in Mexico, is pleased to announce that the Company has acquired 100% ownership of its La Preciosa project ("La Preciosa") by purchasing and extinguishing all of the outstanding royalties and contingent payment obligations (the "La Preciosa Obligations"), currently held by Deterra Royalties Limited (DRR) ("Deterra") (collectively, the "Transaction").

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