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 [...]
Avalon Advanced Materials Inc. is pleased to provide an update on recent developments on its 100% owned Separation Rapids Lithium Project located near Kenora, ON and on lithium markets generally. As recently reported by Benchmark Minerals Intelligence, Lithium prices are continuing to rise in China, with both technical and battery-grade carbonate [...]
Avalon Advanced Materials Inc. and is pleased to announce it has entered into a Letter of Intent with Fort William First Nation to collaborate on the development of a lithium battery materials refinery located on industrial lands owned by FWFN in Thunder Bay, Ontario. This facility would be designed to accept lithium mineral concentrates from [...]
Avalon Advanced Materials Inc. is pleased to announce that its Share Capital Amendment, which involved amending the Company's articles to reflect a 500:1 consolidation of the Company's common shares, immediately followed by a 1:500 split of the Company's post-consolidated common shares, became effective today. Shareholders who held less than 500 [...]
