Avino Silver & Gold Mines Ltd. filed a prospectus supplement dated November 25, 2025, to offer up to US$60,000,000 (C$84,648,000) of common shares through an at-the-market (ATM) sales agreement. Cantor Fitzgerald & Co. is the Designated Agent, with H.C. Wainwright & Co., Roth Capital Partners and A.G.P./Alliance Global Partners as participating agents. The TSX has conditionally approved listing of the Offered Shares subject to fulfillment of listing requirements; the Offered Shares will be listed on the NYSE American prior to any sales. The filing reports prior ATM distributions of 9,102,695 common shares that generated gross proceeds of approximately US$40,000,000 (C$56,432,000).

Avino disclosed that Agents’ compensation may be up to 3.0% of gross sales or up to US$1,800,000 (C$2,539,440) and estimated non-commission offering expenses of US$250,000 (C$352,700). The prospectus supplement states net proceeds are intended for development and exploration at the Avino and La Preciosa properties, potential acquisitions and general working capital.

Canadian legal matters are being handled by Cozen O’Connor LLP and U.S. legal matters by Lewis Brisbois Bisgaard & Smith LLP.