Avino Silver & Gold Mines Ltd 2025年度报告

FORM 40-F REGISTRATION STATEMENT PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934 ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number001-35254 For the fiscal year endedDecember 31, 2025 Avino Silver & Gold Mines Ltd. (Exact name of Registrant as specified in its charter) British Columbia, Canada(Jurisdiction of Incorporation or Organization) 1041Primary Standard Industrial Classification Code Number N/AI.R.S. Employer Identification Number Suite 900, 570 Granville Street, VancouverBritish Columbia, V6C 3P1, Canada604-682-3701(Address and telephone number of Registrant’s principal executive offices) National Registered Agents, Inc.1015 15th Street, N.W., Suite 1000Washington, DC 20005(202) 572-3133(Name, address (including zip code) and telephone number (including area code)of agent for service in the United States) Securities registered or to be registered pursuant to Section 12(b) of the Act. NYSEAmerican, LLC Securities registered or to be registered pursuant to Section 12(g) of the Act: N/A Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: N/A For annual reports, indicate by check mark the information file with this Form: ☒Annual information form Indicate the number of outstanding shares of each of the issuer’s classes of capital or common stock as of the close of the periodcovered by the annual report: There were 162,308,988 common shares, without par value, issued and outstanding as of December 31, 2025. Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.☒Yes☐No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§ 2.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).☒Yes☐No Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act. Emerging Growth Company☐ If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if theregistrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards†provided pursuant to Section 13(a) of the Exchange Act.☐ † The term “new or revised financial accounting standard” refers to any update issued by the Financial Accounting Standards Board toits Accounting Standards Codification after April 5, 2012. Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectivenessof its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registeredpublic accounting firm that prepared or issued its audit report.☒ If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of theregistrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-basedcompensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐ Avino Silver & Gold Mines Ltd. (“we”, “us”, “our”, or the “Company”) is a British Columbia company that is permitted,under a multijurisdictional disclosure system adopted by the United States, to prepare this annual report on Form 40-F (“AnnualReport”) pursuant to Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in accordance withdisclosure requirements in effect in Canada, which are different from those of the United States. FORWARD LOOKING STATEMENTS This Annual Report, including the exhibits incorporated by reference therein, contains “forward-looking information” and“forward-looking statements” within the meaning of applicable Canadian and U.S. securities legislation. These forward-lookingstatements reflect our current view about future plans, intentions or expectations and include, in particular, statements about our plans,strategies and prospects and may be identified by terminology such as “may,” “will,” “should,” “expect,” “scheduled,” “plan,”“intend,” “anticipate,” “believe,” “estimate,” “aim,” “potential,” or “continue” or the negative of those terms or other comparableterminology. These forward-looking statements are subject to risks, uncertainties and assumptions about us. Although we believe thatour