Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE), (“Avino” or “the Company”) is pleased to announce that further to its press releases dated October 27, 2021 and December 21, 2021, it has closed the acquisition with Coeur Mining, Inc. (NYSE: CDE, “Coeur”) for the acquisition (the “Transaction”) of all of the issued and outstanding shares of Proyectos Mineros La Preciosa S.A. de C.V., a Mexican corporation, and Cervantes LLC, a Delaware LLC, that together hold the La Preciosa property in Mexico (“La Preciosa”).