Avalon Advanced Materials Inc.

Recent News

  • Avalon to Extend Expiry Date of 2,150,000 Warrants

    Toronto, Ontario--(Newsfile Corp. - October 14, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 (collectively, the "Warrants"). The Warrants were issued in two tranches pursuant to a private placement completed...

    2021-10-14 1:15 PM EDT
  • Avalon Reports Encouraging Initial Cesium Assay Results from Recent Lilypad Project Field Program

    Toronto, Ontario--(Newsfile Corp. - September 23, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 ("LCT") pegmatite dyke occurrences on the property. Cesium is a rare element in growing demand for...

    2021-09-23 9:37 AM EDT
  • Avalon Files Quarterly Financial Statements and Provides Progress Report on Current Work Programs

    Toronto, Ontario--(Newsfile Corp. - July 19, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 flow-through financing, an exploration work program was initiated in...

    2021-07-19 9:45 AM EDT
  • Avalon Completes Non-Brokered Private Placement for Gross Proceeds of $500,000

    Toronto, Ontario--(Newsfile Corp. - May 14, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 warrants, with each finder's warrant being exercisable to acquire one common share of the...

    2021-05-14 12:42 PM EDT
  • Avalon Reports on Separation Rapids Lithium Project Progress as Lithium Prices Continue to Rise

    Toronto, Ontario--(Newsfile Corp. - May 10, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 prices having doubled year-to-date. The price of technical grade lithium carbonate was...

    2021-05-10 1:03 PM EDT
  • Avalon and Fort William First Nation Sign Letter of Intent to Collaborate on Development of Thunder Bay Lithium Refinery

    Toronto, Ontario--(Newsfile Corp. - March 31, 2021) -  Avalon Advanced Materials Inc. (TSX: AVL) and (OTCQB: AVLND) ("Avalon") is pleased to announce it has entered into a Letter of Intent ("LOI") with Fort William First Nation ("FWFN") 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's Separation Rapids Lithium Project (70 km north of Kenora)...

    2021-03-31 8:15 AM EDT
  • Avalon Completes Share Capital Amendment

    Toronto, Ontario--(Newsfile Corp. - March 15, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 (the "Effective Date").Shareholders who held less than 500 common shares in the form of a physical certificate immediately prior...

    2021-03-15 7:30 AM EDT
  • Avalon Announces the Results of its 2021 Annual and Special Meeting of Shareholders

    Toronto, Ontario--(Newsfile Corp. - February 26, 2021) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") announces the results of its 2021 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 25, 2021 (the "Meeting"). At the Meeting, all five director nominees listed in the Company's information circular dated January 12, 2021 were elected as directors of the Company. The detailed results of the vote are as follows:Director

    2021-02-26 4:10 PM EST