Avalon Advanced Materials Inc. is pleased to announce that it has secured a firm commitment to purchase petalite concentrates produced at the Company's Separation Rapids Lithium Project north of Kenora, Ontario. The off-take agreement is for a multiple number of years with a major non-Chinese international glass ceramic manufacturer. The agreement [...]
Avalon Advanced Materials Inc. is pleased to announce that it has signed a non-binding memorandum of understanding with LG Energy Solution to supply LGES with a battery-grade lithium hydroxide starting in 2025. Avalon plans to establish a regional lithium battery materials supply chain in Ontario to serve the needs of future electric vehicle and [...]
Avalon Advanced Materials Inc. is pleased to provide an update on its preparations for the installation and commissioning of its demonstration Dense Media Separation plant for the Separation Rapids Lithium Project north of Kenora, Ontario. Roadwork and site preparation work for the installation and commissioning of the DMS plant have commenced at [...]
Avalon Advanced Materials Inc. is pleased to announce that it has entered into a $3,000,000 convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager . The convertible security to be issued under the Funding Agreement will have a two year term and will [...]
Avalon Advanced Materials Inc. announces the results of its 2022 Annual General Meeting of Shareholders held in Toronto, Ontario on February 24, 2022 at 10:00am . At the Meeting, all six director nominees listed in the Company's information circular dated January 11, 2022 were elected as directors of the Company. The detailed results of the vote [...]
Avalon Advanced Materials Inc. is pleased to announce the appointment of Chief Harvey Yesno to the Company's Board of Directors, to stand for election at the next Annual General Meeting of Shareholders to be held on February 24, 2022. Mr. Yesno is a member and former Chief of the Eabametoong First Nation located at Fort Hope approximately 350 km [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed a non-brokered private placement today consisting of 9,099,994 flow-through units at a price of $0.12 per unit and 2,920,000 non-flow-through units at a price of $0.10 per unit for gross proceeds of $1,384,000. Each flow-through unit was comprised of one flow-through common [...]
Avalon Advanced Materials Inc. is pleased to announce that the Company has released its tenth annual comprehensive sustainability report, along with its 2021 annual filings including the audited financial statements. The 2021 Sustainability Report focuses on health and safety, social, environmental and economic matters, including the Company's [...]
Avalon Advanced Materials Inc. is pleased to announce that it intends to extend the expiry date of a total of 2,150,000 outstanding share purchase warrants of the Company, each of which is exercisable to acquire one common share of the Company at a price of $0.12 per share . The Warrants were issued in two tranches pursuant to a private placement [...]
Avalon Advanced Materials Inc. is pleased to announce that it has received initial assay results from grab samples collected during the summer exploration program on the Lilypad Cesium Project located 350 km north of Thunder Bay, Ontario. The new results confirm the exceptional cesium enrichment in several Lithium-Cesium-Tantalum pegmatite dyke [...]
Avalon Advanced Materials Inc. has filed its Quarterly Financial Statements along with the Management Discussion and Analysis for the period ended on May 31, 2021, which are now available on-line. Management is pleased to report that the Company continues to make steady progress on all of its active projects. Following the closing of the recent [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed a non-brokered private placement today consisting of 2,500,000 flow-through shares at a price of $0.20 per share for gross proceeds of $500,000. In conjunction with this private placement, Avalon paid finder's fees of $30,000 and issued 150,000 non-transferrable finder's [...]