Avino Silver & Gold Mines Ltd. Launches Share Repurchase Program

Avino Silver & Gold Mines Ltd. has announced the initiation of a Normal Course Issuer Bid (NCIB) to repurchase up to 8,428,566 common shares, equivalent to approximately 5% of its shares. Approved by the Toronto Stock Exchange, the buyback will span 12 months starting April 8, 2026.

The Company intends to utilize its strong financial standing and current silver prices to generate enough cash flow to support this move. Purchases will occur through the TSX, NYSE American, and alternative trading systems at market prices.

The NCIB aims to optimize capital allocation and shareholder value. Avino has engaged in an automatic share purchase plan to facilitate buybacks during blackout periods, enhancing its strategic flexibility. The plan aligns with regulatory standards and is valid until the NCIB's expiration.