Avrupa Minerals Announces $500,000 Private Placement

(TheNewswire)

Vancouver, BC – TheNewswire - December 3, 2025 – Avrupa Minerals Ltd. (TSXV:AVU) (“Avrupa” orthe “Company”) is pleased to announce that it intends to complete a $500,000private placement of Units. The proceeds of the private placementfinancing will be used to fund exploration at its copper-focusedprojects in Finland, ongoing operations in Portugal, and for workingcapital. Avrupa also holds the Slivova gold project in Kosovo which iscurrently under option to a third party who manages and funds theproject.

Private Placement

Subject to the approval of the TSX Venture Exchange(the “Exchange”), the Company intends to raise $500,000 by way ofa non-brokered private placement offering (the “Offering”) byissuing 10 million units (each, a “Unit”) at a price of$0.05.

Each Unit will be comprised of one common share of theCompany and one common share purchase warrant (each, a “Warrant”).Each Warrant will entitle the holder thereof to purchase oneadditional common share of the Company at an exercise price of $0.075per common share, for a period of 36 months from the date of closingof the Offering.  Finders' fees of 8.0% in cash will be paid toeligible parties.

The proceeds from the issuance of the Units will beused by the Company to fund drilling and exploration programs inFinland, to fund ongoing operations in Portugal and Kosovo, and forgeneral corporate purposes.

Closing of the Offering is subject to all applicableregulatory approvals, including the approval of the Exchange.  Allsecurities are subject to a hold period of four months and one day inaccordance with applicable securities laws.

Company History

Avrupa’s CEO, Paul Kuhn, is backed up by the team atPacific Opportunity Capital Ltd. (“POC”) lead by Mark T. Brown,who is also Chair of Avrupa. POC has had many successes and invests incompanies for their long-term success, assisting investee companieswith a focus on strong governance, efficient operations, and projectsthat have the potential to become mines.

Under this leadership, the Company has made two mineraldiscoveries in historic mining districts, and it continues to advancethese projects, one through a joint venture in Kosovo, and the other100%-owned in Portugal.

Portugal has a long history of copper mining, at leastsince Roman times, in its portion of the Iberian Pyrite Belt(“IPB”) which stretches over 250 kilometers from near Lisbon,Portugal to beyond Seville, in Spain. The total IPB is known tocontain more than 80 volcanogenic massive sulfide deposits, seven ofwhich presently host active mining operations, two in Portugal andfive in Spain.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and developmentcompany directed to discovery of mineral deposits, using a hybridproject generator business model.  The Companyholds one 100%-owned license in Portugal, the Alvalade VMS Project,and has submitted an application for a mining license covering theSesmarias massive sulfide showing within the Project area.  TheCompany holds one 49%-owned exploration license covering the SlivovaGold Project in Kosovo, optioned to Western Tethyan Resources. The Company isactively advancing seven copper-zinc prospects and one gold prospectin central Finland through its partnership with Akkerman ExplorationB.V. in the Finnish exploration company, Akkerman FinlandO y.  Avrupa focuses its project generation workin politically stable and prospective regions of Europe, presentlyincluding Portugal, Finland, and Kosovo.  The Company continues toseek and develop other opportunities around Europe, and is activelylooking for new JV partnerships in Finland and Portugal.

For additional information, contact Avrupa Minerals Ltd. at1-604-687-3520 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 byCompany management, who take full responsibility for its content. Paul W. Kuhn, President and CEO of Avrupa Minerals, a LicensedProfessional Geologist and a Registered Member of the Society ofMining Engineers, is a Qualified Person as defined by NationalInstrument 43-101 of the Canadian Securities Administrators.  He hasreviewed the technical disclosure in this release.  Mr. Kuhn, the QP,has not only reviewed, but prepared and supervised the preparation orapproval of the scientific and technical content in the news release.

Neither the TSX Venture Exchange norits Regulation Services Provider (as that term is defined in thepolicies of the TSX Venture Exchange) accepts responsibility for theadequacy or accuracy of this release.

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