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AVU.V ·

Avrupa Minerals Closes Private Placement

Financings

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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

July 12, 2017 NR 14 - 2017

Avrupa Minerals Closes Private Placement

Avrupa Minerals Ltd. (AVU:TSXV) has closed the recently announced private

placement to raise $1,017,000 and issue 10,170,000 units at a price of $0.10. Each unit

consists of one common share and one warrant. Each warrant is exercisable into a

common share at $0.15 for 3 years expiring on July 12, 2020. No finder’s fee was paid

in this private placement. All securities have a 4 -month hold period expiring November

12, 2017.

Having recovered 100% ownership of the Alvalade copper/lead/zinc VMS project in the

Iberian Pyrite Belt (IPB) of southern Portugal, Avrupa is assembling a data set for

potential partners to review. Interest in the project has been strong. The geological team

in Portugal has developed a geo-structural exploration model for the IPB that has lead

to successful drilling on the Alvalade project. The exploration model is valid for Avrupa’s

other projects at Mertola and Marateca, an d efforts to joint venture these projects are

underway.

Avrupa now has a total of 86,918,797 common shares outstanding.

Avrupa Minerals Ltd. is a growth -oriented 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 nine exploration licenses in three Eur opean countries,

including six in Portugal covering 3,271 km2, two in Kosovo covering 47 km2, 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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 In addition, in the Iberian P yrite Belt of south Portugal, the Company has 100%

ownership of t he Alvalade VMS Project where previous partners have spent

over US$ 7.6 million on exploration for VMS copper, zinc, and lead,

mineralization, resulting in discoveries at Sesmarias and Monte da Bela Vista.

Avrupa is currently upgrading precious and base metal targets to JV -ready status in a

variety of districts on their other licenses, with the idea of attracting potential partners to

project-specific and/or regional exploration programs.

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 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.