Avrupa Minerals Arranges $500,000 Private Placement

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TSX-V: AVU

US DTC: AVPMF

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

March 7, 2018 NR 03 - 2017

Avrupa Minerals Arranges $500,000 Private Placement

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

financing to raise $500,000 by way of a private placement of 6.25 million units at $0. 08

per unit. Each unit (a “Unit) is comprised of one common share and common share

purchase warrant which entitles the holder to purchase one common share at a price of

$0.12 for a period of two years from closing of the offering.

The proceeds of the offering will be used for exploration and operations in Portugal,

Kosovo, and Vancouver, and for general working capital. Some of the proceeds may

also be used for due diligence reviews of potential acquisitions.

Paul Kuhn, President and CEO, commented, “With the upcoming option arrangements

with a new partner on our three Pyrite Belt properties in Portugal, this small financing

will allow us to continue work on other properties in Portugal and Kosovo , as well as

generate some new possibilities in the region.”

Avrupa Minerals Ltd. is a growth -oriented junior exploration and developme nt

company focused on discovery , using a prospect generator model, of valuable mineral

deposits in politically stable and prospective regions of Europe, including Portu gal,

Kosovo, and Germany.

The Company currently holds eight exploration licenses in three European countries,

including five in Portugal covering 2,911 km2, two in Kosovo covering 47 km 2, and one

in Germany covering 307 km 2. Avrupa now has three active option and joint venture

agreements, two in Portugal and one in Kosovo, including:

 The Alvito Option Agreement with OZ Minerals Limited covering one license in

the Ossa Morena Zone in southern Portugal, for IOCG deposits;

 The Covas JV , with Blackheath Resources, covering one license in northern

Portugal, for intrusion-related W deposits; and

 Avrupa’s partner at the Slivovo Gold Project in Kosovo is fully funding the

program, allowing Avrupa to dilute its ownership in the JV operating company

Peshter Mining JSC. If AVU ownership goes below 10%, the interest in the

project converts to a 2% NSR.

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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 m anagement, 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 a pproval 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.