22:58:05 EDT Mon 08 Jun 2026
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Avino Silver & Gold Mines Ltd
Symbol ASM
Shares Issued 168,571,331
Close 2026-06-08 C$ 8.29
Market Cap C$ 1,397,456,334
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Avino names Turcotte senior VP, corporate development

2026-06-08 16:35 ET - News Release

Mr. David Wolfin reports

AVINO ANNOUNCES KEY SENIOR EXECUTIVE APPOINTMENTS

Avino Silver & Gold Mines Ltd. has appointed to the senior management team as the company moves forward with its transformational growth strategy.

Appointment of Marc Turcotte as senior vice-president, corporate development

Mr. Turcotte brings more than two decades of experience in corporate development and strategic transactions within the mining sector. In his role, he will work closely with Avino's executive leadership team to identify, evaluate and execute strategic growth opportunities, support company-wide planning initiatives, and help advance the company's transformational growth strategy and long-term objectives.

Mr. Turcotte is a mining development and exploration executive with over 20 years of experience in corporate development, capital markets and strategic transactions within the mining sector. Most recently, he served as chief development officer of MAG Silver Corp., where he played a key role over more than a decade in advancing the company's project portfolio and corporate strategy, culminating in MAG Silver's $2.1-billion (U.S.) acquisition by Pan American Silver. Prior to joining MAG Silver, Mr. Turcotte held senior roles with Hecla Mining Company and Aurizon Mines Ltd., gaining broad experience across exploration, development and corporate transactions. Mr. Turcotte holds a bachelor of science in resource economics (honours) from the University of British Columbia and a master of business administration from the Richard Ivey School of Business.

"We are pleased to welcome Marc to the executive team and his appointment helps position Avino for the next phase of growth," said David Wolfin, president and chief executive officer. "Marc's extensive experience in corporate development, capital markets and strategic transactions will complement our existing strengths as we pursue strategic opportunities, advance our transformational growth strategy and continue building Avino into a diversified, multiasset producer."

Promotion of Peter Latta to senior vice-president, technical services

Mr. Latta has over 20 years of operational, engineering and commercial experience in the mining industry, and has overseen the technical aspects of Avino's operations for the last eight years. He has been responsible for Avino's technical reporting, managing commercial relationships and contributing to new project evaluations. He collaborates closely with vendors across metallurgy, mining and geology disciplines, and has been an important member of the executive leadership team.

"Peter has played a critical role in Avino's success and growth in recent years," said David Wolfin, president and chief executive officer. "His promotion reflects both his leadership and the important contributions he has made to the company."

About Avino Silver & Gold Mines Ltd.

Avino is a silver producer operating in Durango, Mexico, with the goal of long-term sustainable and profitable mining operations to reward shareholders and the community alike through the company's growth at the historic Avino property and the strategic acquisition of the adjacent La Preciosa property. Avino hosts proven and probable mineral reserves totalling 27 million tonnes containing 127 million silver equivalent ounces at an average silver equivalent grade of 145 grams per tonne, within a large measured and indicated mineral resource (inclusive of mineral reserves) base of 68 million metric tonnes, containing 301 million silver equivalent ounces at an average silver equivalent grade of 162 grams per tonne. Avino was included in the Toronto Stock Exchange's 2025 TSX30, reaching the fifth position. As part of Avino's commitment to adopting sustainable practices, the company has been operating a dry-stack tailings facility for more than two years with excellent results. The company is committed to managing all business activities in a safe, environmentally responsible, and cost-effective manner, while contributing to the well-being of the communities in which the company operates. The company's silver, gold and copper production remains unhedged.

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