Avino Silver& Gold Mines Ltd. said that through May 18, it has sold anaggregate of 3,000,149 common shares through its at-the-marketoffering, raising gross proceeds of about US$4.0 million.

Net proceeds are being used for the continued development ofthe Bralornegold mine in British Columbia, advancing development at the silver property andmining operations in Mexico, and for working capital, the company said in a May20 release.