Avrupa Minerals Announces $500,000 Private Placement

Core Viewpoint - Avrupa Minerals Ltd. plans to raise $500,000 through a private placement to fund exploration projects in Finland, ongoing operations in Portugal, and for working capital [1][2]. Private Placement - The company intends to issue 10 million units at a price of $0.05 per unit, subject to TSX Venture Exchange approval [2]. - Each unit consists of one common share and one common share purchase warrant, with the warrant allowing the purchase of an additional share at $0.075 for 36 months [3]. Use of Proceeds - Proceeds from the private placement will be allocated to drilling and exploration in Finland, ongoing operations in Portugal and Kosovo, and general corporate purposes [4]. Company Background - Avrupa Minerals is led by CEO Paul Kuhn and supported by Pacific Opportunity Capital Ltd., focusing on strong governance and efficient operations [5]. - The company has made two mineral discoveries in historic mining districts and is advancing projects in Kosovo and Portugal [6]. Industry Context - Portugal has a rich history of copper mining, particularly in the Iberian Pyrite Belt, which contains over 80 volcanogenic massive sulfide deposits [7]. - Avrupa holds a 100%-owned license in Portugal and is actively advancing multiple copper-zinc prospects in Finland through a partnership with Akkerman Exploration B.V. [8].