Avino Silver & Gold Mines Ltd. (ASM: TSX/NYSE American, GV6: FSE) is pleased to announce that it has closed its previously announced private placement of flow-through common shares. A total of 3,000,000 FT Shares, which included the full exercise of the agents option for 500,000 FT Shares, were sold at an offering price of $2.00 per FT Share for gross proceeds to the Company of $6,000,000. The Offering was completed pursuant to an agency agreement dated April 27, 2018 between the Company and Cantor Fitzgerald Canada Corporation. The Company paid a 7.0% commission to CFCC who acted as sole agent on the Offering. All FT Shares are subject to a four month hold period in Canada. The Flow-Through Shares were not and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the U.S. absent registration or an applicable exemption from registration requirements.