Stock Option and Restricted Share Unit Grants
NYSE AMERICAN: ASM
TSX-V: ASM
Berlin & FSE: GV6
September 20, 2017
STOCK OPTION AND RESTRICTED SHARE UNIT GRANTS
Avino Silver & Gold Mines Ltd. (ASM: TSX -V, ASM: NYSE -AMERICAN; "Avino" or "the Company")
wishes to announce that upon the recommendations of its Compensation Committee, it has granted an
aggregate of 1,435,000 incentive stock options (the “Stock Options”) under its Stock Option Plan, and
80,500 Restricted Share Units (“RSUs”) under the Restricted Share Unit Plan to its directors, officers,
employees and consultants. Both the Stock Option Plan and Restricted Sh are Unit Plan have been
previously approved by shareholders, and no further approval from shareholders is required for these
grants.
The Stock Options are exercisable for up to five years at a price of $1.98 per share. The RSUs will vest at
the rate of one-third annually from the date of grant, until fully vested.
The Stock Options and the RSUs are not transferable and will be subject to a four -month hold period
from the date of grant and any applicable regulatory acceptance. Out of the total number of RSU’s
granted, 1,875 RSU’s were granted to persons performing investor relations activities for the Company.
About Avino
Avino is a silver and gold producer with a diversified pipeline of gold, silver and base metals properties in
Mexico and Canada employing approximately 500 people. Avino produces from its wholly owned Avino
and San Gonzalo Mines near Durango, Mexico, and is currently planning for future production at the
Bralorne Gold Mine in British Columbia, Canada. The Company’s gold and silver produ ction remains
unhedged. The Company’s mission and strategy is to create shareholder value through its focus on
profitable organic growth at the historic Avino Property near Durango, Mexico, and the strategic
acquisition of mineral exploration and mining pr operties. We are committed to managing all business
activities in an environmentally responsible and cost -effective manner, while contributing to the well -
being of the communities in which we operate.
ON BEHALF OF THE BOARD
“David Wolfin”
________________________________
David Wolfin
President & CEO
Avino Silver & Gold Mines Ltd.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Ven ture Exchange)
accepts responsibility for the adequacy or accuracy of this release.
AVINO SILVER &
T 604.682.3701 Suite 900, 570 Granville Street [email protected]
GOLD MINES LTD. F 604.682.3600 Vancouver, BC V6C 3P1 www.avino.com