VANCOUVER, BC, June 13, 2025 – In a move that signals a strategic approach to capital management, Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6), has announced the renewal of its At-The-Market (ATM) equity program. The company, a key player in the precious metals sector, has filed a prospectus supplement dated June 13, 2025, related to its short form base shelf prospectus from May 26, 2025. This allows Avino to distribute common shares, known as “Offered Shares,” through a sales agreement with a syndicate of agents, including Cantor Fitzgerald & Co., H.C. Wainwright & Co. LLC, Roth Capital Partners, LLC, and A.G.P./Alliance Global Partners. The ATM offering, which allows for the distribution of shares in the United States, has a maximum aggregate sales amount of $40 million.
This tactic provides Avino with an additional tool for navigating the market. The move comes at a moment when strategic financial flexibility is key. The company’s President and CEO, David Wolfin, noted that the renewed ATM offering will serve as a “strategic source of financial flexibility if required, subject to regulatory requirements.”
The ATM Offering operates under a registration statement filed with the United States Securities and Exchange Commission (SEC), as well as regulatory filings in Canada. The offering involves sales of the “Offered Shares” directly on the NYSE American or other agreed-upon trading markets. Shares will be distributed at market prices prevailing at the time of sale, adding a layer of market dynamics to the process. The offering will remain active until the earlier of several conditions, including reaching the maximum sales amount or the termination of the sales agreement.
Avino has agreed to pay the agents a cash commission of up to 3.0% of the gross proceeds. However, the company is not obligated to sell any shares, and there is no guarantee that any Offered Shares will be offered or sold. The Toronto Stock Exchange has given its conditional approval for the listing of the Offered Shares.
This announcement underscores Avino’s commitment to smart financial planning. The company encourages investors to review the Prospectus, which contains detailed information about the company and the offering, including potential risks.
About Avino:
Avino is a silver producer from its wholly owned Avino Mine near Durango, Mexico. The Company’s silver, gold and copper production remains unhedged. The Company intends to maintain long-term sustainable and profitable mining operations to reward shareholders and the community alike through our growth at the historic Avino Property and the strategic acquisition of the adjacent La Preciosa which was finalized in Q1 2022. Early in 2024, the pre-feasibility Study on the Oxide Tailings Project was completed. This study is a key milestone in our growth trajectory. As part of Avino’s commitment to adopting sustainable practices, we have been operating a dry stack tailings facility for more than one year now with excellent results. We are 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 we operate.
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