Business Context and Reporting Period
Company: Avino Silver & Gold Mines Ltd.
Filing Type: Form 6-K (Report of Foreign Private Issuer)
Reporting Period: December 2025 (Specific date: December 16, 2025)
Context: This filing discloses a corporate transaction involving the acquisition of equity in a third-party exploration company, Silver Wolf Exploration Ltd.
Key Financial Metrics
The filing text does not provide standard financial performance metrics such as revenue, profit, cash flow, margins, debt, or liquidity for the reporting period. The document focuses exclusively on a specific equity transaction.
| Metric | Value |
|---|---|
| Acquisition Cost | C$400,000 |
| Shares Acquired | 2,000,000 |
| Deemed Price Per Share | C$0.20 |
| Total Beneficial Ownership Post-Acquisition | 9,307,052 shares (~15.47%) |
| Warrants Held | 2,916,677 |
Material Changes
On December 16, 2025, Avino Silver & Gold Mines Ltd. exercised an option to acquire 2,000,000 common shares of Silver Wolf Exploration Ltd. This transaction was executed pursuant to an option agreement dated August 12, 2020, as amended on October 8, 2020. As a result of this acquisition, Avino's beneficial ownership in Silver Wolf increased to approximately 15.47% of issued and outstanding common shares.
Guidance, Outlook, and Risks
The filing does not contain management commentary, financial guidance, or outlook for future periods. No specific risks or contingencies related to the company's general operations are detailed in this document, other than the disclosure that the information is "furnished" rather than "filed" under Section 18 of the Exchange Act.
Investor Verification Checklist
- Verify the terms of the original option agreement dated August 12, 2020, and the amendment dated October 8, 2020.
- Confirm the current market valuation of Silver Wolf Exploration Ltd. to assess the fair value of the C$0.20 per share acquisition price.
- Review the total number of outstanding shares and warrants for Silver Wolf to validate the 15.47% ownership calculation.
- Check subsequent filings for any impact of this acquisition on Avino's consolidated financial statements or cash position.