Plan of Arrangement Supported by Bralorne Shareholders

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct. 9, 2014) - Avino Silver & Gold Mines Ltd. ("Avino") (TSX VENTURE:ASM)(NYSE MKT:ASM)(FRANKFURT:GV6) and Bralorne Gold Mines Ltd. ("Bralorne") (TSX VENTURE:BPM)(OTCQX:BPMSF)(BERLIN:GV7)(FRANKFURT:GV7) (WKN A0B75M) are pleased to report that Bralorne securityholders have voted overwhelmingly in favour of the previously announced arrangement ("Arrangement") [see joint news release of August 1, 2014] whereby Avino will acquire all of the outstanding common shares of Bralorne not already owned by Avino, resulting in Bralorne becoming a wholly-owned subsidiary of Avino. At Bralorne's annual general and special meeting held today, Bralorne's securityholders, voting together as a single class, voted 98.65% in favour of the special resolution to approve the Arrangement, and Bralorne's common shareholders, after excluding votes required to be excluded in accordance with Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions, voted 96.70% in favour of approving the Arrangement.

On October 15, Bralorne will apply for a final order of the Supreme Court of British Columbia for approval of the Arrangement, and assuming receipt of Court approval and that all other remaining conditions to the Arrangement are either satisfied or waived, the Company expects that the closing date of the Arrangement (the "Effective Date") will occur on or about Monday, October 20, 2014.

Under the terms of the Arrangement, Bralorne shareholders on the Effective Date will receive 0.140 of an Avino common share for every Bralorne share held. No fractional shares of Avino will be issued, and fractions will be rounded down to the nearest lower whole share. All unexercised outstanding stock options of Bralorne on the Effective Date will be cancelled. For complete details of the plan of Arrangement, interested persons are directed to the Information Circular filed on SEDAR (www.sedar.com) on September 12, 2014 by Bralorne under its SEDAR profile.

Once the Arrangement is completed, Bralorne's common shares will be delisted from the TSX Venture Exchange and OTCQX.

"We are pleased to have finalized this acquisition and are excited to be able to move forward with our plans for the Bralorne Mine. We would like to thank the shareholders of Bralorne for their overwhelming positive support for the arrangement. We expect to be releasing a detailed plan outlining our agenda for the continued development of the project in the coming weeks."

- David Wolfin, President, CEO & Director, Avino Silver & Gold Mines Ltd.

"I would like to thank Bralorne's shareholders for their unwavering support over the years as well during the take over process. I am excited to watch the progress at the mine as Avino implements their strategy to expand the operation. I have as much faith as ever that the Bralorne mining district can be restored to its previous grandeur to the benefit of all stakeholders."

- William Kocken, CEO & Director, Bralorne Gold Mines Ltd.

Bralorne