Mr. Paul Kuhn reports

AVRUPA MINERALS ANNOUNCES $500,000 PRIVATE PLACEMENT

Avrupa Minerals Ltd. intends to complete a $500,000 private placement of units. The proceeds of the private placement financing will be used to finance exploration at its copper-focused projects in Finland, continuing operations in Portugal and working capital. Avrupa also holds the Slivova gold project in Kosovo, which is currently under option to a third party who manages and finances the project.

Private placement

Subject to the approval of the TSX Venture Exchange, the company intends to raise $500,000 by way of a non-brokered private placement offering by issuing 10 million units at a price of five cents.

Each unit will be composed of one common share of the company and one common share purchase warrant. Each warrant will entitle the holder thereof to purchase one additional common share of the company at an exercise price of 7.5 cents per common share for a period of 36 months from the date of closing of the offering. Finders' fees of 8.0 per cent in cash will be paid to eligible parties.

The proceeds from the issuance of the units will be used by the company to finance drilling and exploration programs in Finland, to finance continuing operations in Portugal and Kosovo, and for general corporate purposes.

Closing of the offering is subject to all applicable regulatory approvals, including the approval of the exchange. All securities are subject to a hold period of four months and one day in accordance with applicable securities laws.

Company history

Avrupa's chief executive officer, Paul Kuhn, is backed up by the team at Pacific Opportunity Capital Ltd. led by Mark T. Brown, who is also chair of Avrupa. POC has had many successes and invests in companies for their long-term success, assisting investee companies with a focus on strong governance, efficient operations and projects that have the potential to become mines.

Under this leadership, the company has made two mineral discoveries in historic mining districts, and it continues to advance these projects, one through a joint venture in Kosovo and the other 100 per cent owned in Portugal.

Portugal has a long history of copper mining, at least since Roman times, in its portion of the Iberian pyrite belt, which stretches over 250 kilometres from near Lisbon, Portugal, to beyond Seville in Spain. The total IPB is known to contain more than 80 volcanogenic massive sulphide deposits, seven of which currently host active mining operations, two in Portugal and five in Spain.

Avrupa is a growth-oriented junior exploration and development company directed to discovery of mineral deposits, using a hybrid project generator business model. The company holds one 100-per-cent-owned licence in Portugal, the Alvalade volcanogenic massive sulphide project, and has submitted an application for a mining licence covering the Sesmarias massive sulphide showing within the project area. The company holds one 49-per-cent-owned exploration licence covering the Slivova gold project in Kosovo, optioned to Western Tethyan Resources.

The company is actively advancing seven copper-zinc prospects and one gold prospect in central Finland through its partnership with Akkerman Exploration BV in the Finnish exploration company Akkerman Finland Oy. Avrupa focuses its project generation work in politically stable and prospective regions of Europe, currently including Portugal, Finland and Kosovo. The company continues to seek and develop other opportunities around Europe, and is actively looking for new joint venture partnerships in Finland and Portugal.