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RELATED PARTY TRANSACTIONS AND BALANCES | 12 Months Ended
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Dec. 31, 2025
RELATED PARTY TRANSACTIONS AND BALANCES | 11) RELATED PARTY TRANSACTIONS AND BALANCES All related party transactions are recorded at the exchange amount which is the amount agreed to by the Company and the related party. a) Key management personnel The Company has identified its directors and certain senior officers as its key management personnel. The compensation costs for key management personnel is as follows:
|  | 2025 |  |  | 2024 |
Salaries, benefits, and consulting fees |  | $ | 2,558 |  |  | $ | 1,203 |
Share-based payments |  |  | 3,003 |  |  |  | 1,666 |
|  | $ | 5,561 |  |  | $ | 2,869 |
b) Amounts due to/from related parties In the normal course of operations, the Company transacts with companies related to Avino’s directors or officers. All amounts payable and receivable are non-interest bearing, unsecured and due on demand. The following table summarizes the amounts were due to/(from) related parties:
|  | December 31, 2025 |  |  | December 31, 2024 |
Oniva International Services Corp. |  | $ | 98 |  |  | $ | 95 |
Silver Wolf Exploration Ltd. |  |  | (239 | ) |  |  | (113 | )
|  | $ | (141 | ) |  | $ | (18 | )
For consulting services provided to the Company by the President and Chief Executive Officer, the Company pays Intermark Capital Corporation (“ICC”), a company controlled by the Company’s President and CEO and director. For the year ended December 31, 2025, the Company paid $788 (December 31, 2024 - $281) to ICC. c) Other related party transactions The Company has a cost sharing agreement with Oniva International Services Corp. (“Oniva”) for office and administration services. Pursuant to the cost sharing agreement, the Company will reimburse Oniva for the Company’s percentage of overhead and corporate expenses and for out-of-pocket expenses incurred on behalf of the Company, with a 2.5% markup. The President & CEO, and director of the Company, is the sole owner of Oniva. The cost sharing agreement may be terminated with one-month notice by either party without penalty. The transactions with Oniva are summarized below:
|  | 2025 |  |  | 2024 |
Salaries and benefits |  | $ | 1,116 |  |  | $ | 974 |
Office and miscellaneous |  |  | 573 |  |  |  | 480 |
|  | $ | 1,689 |  |  | $ | 1,454 |

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- Definition The disclosure of transactions between the entity and its related parties. [Refer: Total for all related parties [member]] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IAS -Number 24 -IssueDate 2024-01-01 -Paragraph 18 -URI https://taxonomy.ifrs.org/xifrs-link?type=IAS&num=24&code=ifrs-tx-2024-en-r&anchor=para_18&doctype=Standard -URIDate 2024-03-27 + Details
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Balance Type: | na
Period Type: | duration