Avrupa Closes Deal to Purchase Four Projects in Finland
1
TSX-V: AVU
US OTC: AVPMF
FRANKFURT: 8AM
410 – 325 Howe Street, Vancouver, BC Canada V6C 1Z7 T: (604) 687-3520 F: (888) 889-4874
March 9, 2022 NR 05 - 2022
Avrupa Closes Deal to Purchase Four Projects in Finland
Avrupa Minerals Ltd. (AVU:TSX V) is pleased to announce the closing of a definitive
agreement with Akkerman Exploration B.V. (AEbv), a private exploration company
based in The Netherlands, to acquire three Copper-Zinc projects in the Pyhasälmi VMS
District and one gold project in the Oijärvi Greenstone Belt . All projects are located in
Central Fi nland and held by AEbv subsidiary Akkerman Finland OY (“AFOy”) . The
Company announced details of the agreement in a news release dated December 20,
2021, and it may be reviewed on the Avrupa website using the following link: Avrupa to
Acquire Four Exploration Properties in Finland.
Paul W. Kuhn, President and CEO of Avrupa, commented, “We are really excited to
close the agreement with AEbv, allowing us the ability to generate new projects for our
pipeline in areas with presently active exploration and recent historic mining. With the
currently-rising metals’ prices, this is an opportune time to have new, high- quality
targets to upgrade to drilling status in the coming year , and will work closely with AEbv
to expedite the progress . We have already submitted the application for the Kolima
exploration license, and will work next to advance the Kangasjärvi reservation to an
exploration license application. The application area will certainly cover the past -
producing Kangasjärvi zinc mine and apparent extension targets , as well as other
potential prospects identified during a recently completed, helicopter-supported SkyTEM
geophysical survey.”
The Company i ssued 1,470,000 common shares and paid € 150,000 to AEbv for the
initial 49% of AFOy , and deposited € 200,000 into AFOy dedicated for first year
exploration expenditures. Avrupa will continue to update the market on progress in
Finland, as well as at the Alvalade JV Project in Portugal, where the Company has been
drilling at the Sesmarias Copper-Zinc massive sulfide prospect.
Avrupa Minerals Ltd. is a growth -oriented junior exploration and development
company directed to discovery of mineral deposits, using a hybrid prospect generator
business model. The Company holds one 100% -owned license in Portugal, the
Alvalade VMS Project, now optioned to Sandfire MATSA in an earn- in joint venture
agreement. Avrupa focuses its project generation work in politically stable and
prospective regions of Europe, presently including Portugal, Finland, and Kosovo. The
Company continues to seek and develop other opportunities around Europe.
For additional information, contact Avrupa Minerals Ltd. at 1- 604-687-3520 or visit our
website at www.avrupaminerals.com.
2
On behalf of the Board,
“Paul W. Kuhn”
Paul W. Kuhn, President & Director
This news release was prepared by Company management, who take full responsibility for its content. Paul W.
Kuhn, President and CEO of Avrupa Minerals, a Licensed Professional Geologist and a Registered Member of the
Society of Mining Engineers, is a Qualified Person as defined by National Instrument 43-101 of the Canadian
Securities Administrators. He has reviewed the technical disclosure in this release. Mr. Kuhn, the QP, has not only
reviewed, but prepared and supervised the preparation or approval of the scientific and technical content in the news
release.
Neither 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 adequacy or accuracy of this release.