Avaron Mining Corp. Announces Grant of Stock Options

3847 Vance Road Cultus Lake, BC V2R 5A6

PRESS RELEASE

December 6, 2024 TSX.V - AVR

AVARON MINING CORP. ANNOUNCES GRANT OF STOCK OPTIONS

VANCOUVER, BC – Avaron Mining Corp., TSX-V: AVR, (“Avaron” or the “Company”) announces it granted an aggregate of 814,000 incentive stock options on December 6, 2024 (the “Grant Date”) to certain directors, officers and consultants of Avaron at an exercise price of $0.10 per Common Share, fully vested as of the Grant Date, for a period of five years. Such options have been granted pursuant to the Company's 10% rolling stock option plan and are in accordance with the policies of the TSX Venture Exchange.

On behalf of the Board of Directors of Avaron Mining Corp.

Miloje Vicentijevic, President and Chief Executive Officer

For further information please contact:

Avaron Mining Corp.

Phone: (604) 617-1239 Email: [email protected]

Forward-Looking Statements

This press release may contain certain “forward-looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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 accuracy or adequacy of this release.