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AVU.V ·

Avrupa Minerals Announces $500,000 Private Placement

Financings

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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

December 3, 2025 NR 10 - 2025

Avrupa Minerals Announces $500,000 Private Placement

Vancouver, BC, December 3, 2025 – Avrupa Minerals Ltd. (TSXV:AVU) (“Avrupa”

or the “Company”) is pleased to announce that it intends to complete a $500,000 private

placement of Units. The proceeds of the private placement financing will be used to fund

exploration at its copper-focused projects in Finland, ongoing operations in Portugal, and

for working capital. Avrupa also holds the Slivova gold project in Kosovo which is currently

under option to a third party who manages and funds the project.

Private Placement

Subject to the approval of the TSX Venture Exchange (the “Exchange”), the Co mpany

intends to raise $ 500,000 by way of a non-brokered private placement offering (the

“Offering”) by issuing 10 million units (each, a “Unit”) at a price of $0.05.

Each Unit will be comprised of one common share of the Company and one common

share purchase warrant (each, a “Warrant”). Each Warrant will entitle the holder thereof

to purchase one additional common share of the Company at an exercise price of $0.075

per common share, for a period of 36 months from the date of closing of the Offering.

Finders' fees of 8.0% in cash will be paid to eligible parties.

The proceeds from the issuance of the Units will be used by the Company to fund drilling

and exploration programs in Finland, to fund ongoing operations in Portugal and Kosovo,

and for general corporate purposes.

Closing of the Offering is subject to all applicable regulatory approvals, including the

approval of the Exchange. All securities are subject to a hold period of four months and

one day in accordance with applicable securities laws.

Company History

Avrupa’s CEO, Paul Kuhn, is backed up by the team at Pacific Opportunity Capital Ltd.

(“POC”) lead by Mark T. Brown, who is also Chair of Avrupa. P OC has had many

successes and invests in companies for their long-term success, assisting investee

companies with a focus on strong governance, efficient operations, and projects that have

the potential to become mines.

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Under this leadership, the Company has made two mineral discoveries in historic mining

districts, and it continues to advance these projects, one through a joint venture in

Kosovo, and the other 100%-owned in Portugal.

Portugal has a long history of copper mining, at least since 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 to contain more than 80

volcanogenic massive sulfide deposits, seven of which presently host active mining

operations, two in Portugal and five in Spain.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company

directed to discovery of mineral deposits, using a hybrid project generator business

model. The Company holds one 100% -owned license in Portugal, the Alvalade VMS

Project, and has submitted an application for a mining license covering the Sesmarias

massive sulfide showing within the Project area. The Company holds one 49% -owned

exploration li cense covering the Slivova Gold Project in Kosovo, optioned to Western

Tethyan Resources. The Compan y is actively advancing seven copper -zinc prospects

and one gold prospect in central Finland through its partnership with Akkerman

Exploration B.V. in the Finnish exploration company, Akkerman Finland Oy. 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, and is actively looking for new JV

partnerships in Finland and Portugal.

For additional information, contact Avrup a Minerals Ltd. at 1 -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 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 Qual ified 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 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 adequacy or accuracy of this release.