Mr. Malcolm Davidson of Avino reports

AVINO SILVER & GOLD MINES LTD. AND BRALORNE GOLD MINES LTD.: PLAN OF ARRANGEMENT COMPLETED

The previously announced arrangement of Avino Silver & Gold Mines Ltd. and Bralorne Gold Mines Ltd. (see joint news releases of Aug. 1, 2014, Oct. 9, 2014, and Oct. 15, 2014) has been completed. Avino has acquired all the outstanding common shares of Bralorne not already owned by Avino, in exchange for issuing up to 2,636,844 common shares of Avino to the shareholders of Bralorne, resulting in Bralorne becoming a wholly owned subsidiary of Avino. Fractional shares of Avino have been rounded down to the nearest lower whole share. All unexercised outstanding stock options of Bralorne have been cancelled. For complete details of the plan of arrangement, interested persons are directed to the information circular filed on SEDAR on Sept. 12, 2014, by Bralorne under its SEDAR profile.

Bralorne's common shares will be delisted from the TSX Venture Exchange and the OTCQX at the close of business on Oct. 20.

We seek Safe Harbor.