Avaron Mining Corp. — Capital/Financing Update 2025

Mar 18, 2025

AVARON MINING CORP.
3847 Vance Road
Cultus Lake, BC V2R 5A6
News Release
TSX-V: AVR

Avaron Announces a Non-Brokered Private Placement

March 17, 2025 – Vancouver, British Columbia (TSX-V: AVR) Avaron Mining Corp. (the “Company” or “Avaron”) is pleased to announce a non-brokered private placement of up to 2,600,000 shares (the “Shares”) at a price of $0.05 per Share for gross proceeds of up to $130,000 (the “Offering”).

The Company intends to use the net proceeds for general working capital.

The Offering is scheduled to close on or about March 28, 2005. All of the Shares issued pursuant to the Offering will be subject to a four-month hold period from the date of issue.

The Offering is subject to approval from the TSX Venture Exchange (the “Exchange”).

The Company will not pay finder's fees.

About Avaron Mining Corp.

Avaron Mining Corp. brings together a veteran team of engineers, geologists, and finance professionals with a focused strategy to acquire and develop mineral projects with an emphasis on safe, low risk jurisdictions favorable to mining development. Avaron is earning a 100% interest in the Tolisnica and Stanca Copper Property in Serbia.

On behalf of the Board of Directors of
Avaron Mining Corp.
Miloje Vicentijevic,
President and Chief Executive Officer

For more information please contact
Avaron Mining Corp.
Telephone: 604.617.1239

Forward-Looking Information: Certain statements made and information contained herein may constitute “forward-looking information” and “forward-looking statements” within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to Avaron and there is no assurance that the actual results will meet management’s expectations. Forward-looking statements and information may be identified by such terms as “anticipates,” “believes,” “targets,” “estimates,” “plans,” “expects,” “may,” “will,” “could” or “would.” Forward looking statements in this press release but are not limited to, statements with respect to the expectations of management regarding the Offering, the expectations of management regarding the use of proceeds of the Offering, closing conditions for the Offering, and approval from the Exchange in respect of the Offering. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Risks that could change or prevent these statements from coming to fruition include the Exchange approving to the Offering; the proceeds of the Offering may not be used as stated in this news release; Avaron may be unable to satisfy all of the conditions to the closing required by the Exchange. Avaron does not undertake to update any forward-looking statements or information except as may be required by applicable securities laws.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.