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Avrupa Adopts Semi-Annual Financial Reporting

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Avrupa Adopts Semi-Annual Financial Reporting

Executive Summary

Avrupa Minerals Ltd. has announced its decision to transition from quarterly to semi-annual financial reporting under the TSX Venture Exchange's Coordinated Blanket Order 51-933. This regulatory change allows eligible venture issuers with annual revenues under $10 million and clean disclosure records to reduce their reporting frequency, eliminating the requirement for first and third quarter interim financial statements and related MD&A filings.

Under the new framework, Avrupa will continue filing audited annual financial statements within 120 days of its December 31 fiscal year-end and six-month interim reports within 60 days of June 30. The company has confirmed it meets all eligibility criteria for the pilot program, including maintaining a clean 12-month continuous disclosure record.

This administrative change reflects broader regulatory efforts to reduce compliance burdens on smaller public companies while maintaining appropriate investor protection. For Avrupa, the reduced reporting frequency may allow management to allocate more resources toward its core business activities rather than quarterly compliance obligations.

The company continues to advance its exploration portfolio across Europe, including seven copper-zinc VMS targets and one orogenic gold prospect in Finland through its partnership with Akkerman Exploration B.V., the wholly-owned Alvalade VMS Project in Portugal where it has applied for a mining license, and a 49% stake in the Slivova Gold Project in Kosovo. The reporting change should have minimal impact on the company's operational activities or strategic direction as it continues seeking joint venture partnerships for its Finnish and Portuguese assets.
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Press Release

Avrupa Minerals Ltd. (TSXV: AVU) is pleased to announce that it has elected to rely on Coordinated Blanket Order 51-933 and move to semi-annual financial reporting (“SAR”).

Coordinated Blanket Order 51-933 allows eligible venture issuers listed on the TSX Venture Exchange (the “TSXV”) to voluntarily move from a quarterly to a semi-annual financial reporting framework. The Company’s fiscal year ends on December 31. Under the SAR pilot program, the Company will be exempt from filing interim financial reports and related Management’s Discussion & Analysis (MD&A) for its first and third quarters.

  • Interim Period: The Company will not file an interim report for the first quarter (Q1) ending March 31 and the third quarter (Q3) ending September 30; and
  • Ongoing Reporting: The Company will continue to file audited financial statements (due within 120 days of December 31) and six-month interim financial reports (due within 60 days of June 30).

The Company confirms it meets the pilot program’s eligibility criteria, which include being a venture issuer with annual revenues of less than $10 million and maintaining a clean 12-month continuous disclosure record.

This news release is being filed pursuant to Coordinated Blanket Order 51-933 Exemptions to Permit Semi-Annual Reporting for Certain Venture Issuers.

Avrupa Minerals Ltd. is a growth-oriented junior exploration and development company directed to discovery of valuable mineral deposits, using a hybrid project generator business model. Avrupa is actively advancing seven copper-zinc VMS targets and one orogenic gold prospect in central Finland through its partnership with Akkerman Exploration B.V. in the Finnish exploration company, Akkerman Finland Oy. Avrupa holds one 100%-owned project in Portugal, the Alvalade VMS Project, and has submitted an application for a mining license covering the Sesmarias Cu/Zn massive sulfide showing within the Project area. The Company holds 49% of the Slivova Gold Project in Kosovo, optioned to Western Tethyan Resources. Avrupa continues to focus its project generation work in politically stable and prospective regions of Europe, and looks to develop new opportunities around the general Mediterranean Basin. The Company is actively seeking new JV partnerships for its projects in Finland and Portugal.

For additional information, contact Avrupa 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 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 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.

The post Avrupa Adopts Semi-Annual Financial Reporting appeared first on Avrupa Minerals.

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