Mr. Paul Kuhn reports

AVRUPA MINERALS INCREASES AND CLOSES PRIVATE PLACEMENT

Avrupa Minerals Ltd. has closed the recently announced private placement to raise $550,000, an increase of $50,000 from the original announcement, and has issued 6,875,000 units at a price of eight cents. Each unit consists of one common share and one warrant. Each warrant is exercisable into a common share at 12 cents for two years expiring on March 26, 2020. No finder's fee was paid in this private placement. All securities have a four-month hold period expiring July 27, 2018.

The funds will be used for working capital and for exploration mainly in Portugal and Kosovo. Avrupa is in the process of completing the final agreements for the three properties in Portugal: Alvalade, Marateca and Mertola. Significant work programs will be announced for these properties upon completion of the final agreements relating to the March 5, 2018, announcement.

Avrupa has also granted stock options to its consultant exercisable to acquire 40,000 common shares at 10 cents per share for a period of five years.

Avrupa Minerals is a growth-oriented junior exploration and development company focused on discovery, using a prospect generator model, of valuable mineral deposits in politically stable and prospective regions of Europe, including Portugal, Kosovo and Germany.

The company currently holds eight exploration licences in three European countries, including five in Portugal covering 2,911 square kilometres, two in Kosovo covering 47 square kilometres and one in Germany covering 307 square kilometres. Avrupa now has six active option and joint ventures: five in Portugal and one in Kosovo, including:

• The Alvalade, Marateca and Mertola properties with an international mining company on the Iberian pyrite belt in southern Portugal;
• The Alvito option agreement with OZ Minerals Ltd. covering one licence in the Ossa Morena zone in southern Portugal, for IOCG (iron oxide copper gold) deposits;
• The Covas joint venture, with Blackheath Resources, covering one licence in northern Portugal, for intrusion-related tungsten deposits;
• Avrupa's partner at the Slivovo gold project in Kosovo is fully financing the program, allowing Avrupa to dilute its ownership in the JV operating company Peshter Mining JSC. If Avrupa ownership goes below 10 per cent, the interest in the project converts to a 2-per-cent NSR (net smelter royalty).

Paul W. Kuhn, president and chief executive officer of Avrupa Minerals, a licensed professional geologist, 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 qualified person, has not only reviewed, but prepared and supervised, the preparation or approval of the scientific and technical content in the news release.