Avrupa Closes Second Tranche of Private Placement and Continues Drilling Program at Alvalade, Portugal

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TSX-V: AVU

US DTC: AVPMF

FRANKFURT: 8AM

410 – 325 Howe Street, Vancouver, BC Canada V6C 1Z7 T: (604) 687-3520 F: (888) 889-4874

January 8, 2019 NR 1 - 2019

Avrupa Closes Second Tranche of Private Placement

and Continues Drilling Program at Alvalade, Portugal

Avrupa Minerals Ltd. (AVU:TSXV) is pleased to announce that it has closed the

second tranche of its private placement of $232,000 comprised of 4,640,000 units, as

announced on October 22, 2018. A total of $732,000 of the private placement has now

been closed.

Each Unit is comprised of one common share and one common share purchase warrant

that allows the holder to buy an additional share u ntil December 17, 2021 at a price of

$0.10 each. The securities have a four-month hold p eriod expiring on April 18, 2019.

Avrupa has a provision to accelerate the exercise o f the warrants if the common shares

close at a price of $0.20 or greater for a period o f 20 consecutive trading days. Insiders

participated in this second tranche for $39,000.

Drilling at the Alvalade copper-zinc VMS Project in Portugal is on-going. The Company

has completed two holes and is currently part way through the third hole. The Company

plans for two additional holes. All five holes are located in the Sesmarias discovery

area. The purpose of the program is to expand curr ently known mineralized areas and

to outline higher grade copper-zinc mineralization within the massive sulfide lenses.

Furthermore, the Company has granted 183,000 option s to one director and two

consultants at an exercise price of $0.05 for a period of five years.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and develo pment

company directed to discovery of mineral deposits, using a prospect generator model.

The Company holds one 100%-owned, self-funded flags hip project, the Alvalade VMS

Project. Avrupa focuses its project generation wor k in politically stable and prospective

regions of Europe, including Portugal, Kosovo, and Germany.

For additional information, contact Avrupa Minerals Ltd. at 1-604-687-3520 or visit our

website at www.avrupaminerals.com.

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On behalf of the Board,

“Paul W. Kuhn”

Paul W. Kuhn, President & Director

This news release was prepared by Company managemen t, who take full responsibility for its content. P aul W.

Kuhn, President and CEO of Avrupa Minerals, a Licen sed 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 Can adian

Securities Administrators. He has reviewed the tec hnical disclosure in this release. Mr. Kuhn, the Q P, has not only

reviewed, but prepared and supervised the preparati on or approval of the scientific and technical cont ent 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.