Avalon Provides Update on Progress on the Nechalacho Rare Earth Elements Project, Thor Lake, NWT
Toronto, Ontario--(Newsfile Corp. - October 8, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to report on recent progress at its 100% owned Nechalacho Rare Earth Elements Project (the "Project") located at Thor Lake in the Northwest Territories ("NWT"), Canada. Most of the technical work programs planned to optimize the 2013 Feasibility Study have been completed and an updated feasibility study is in preparation. Completion of this study...
2014-10-08 11:38 AM EDT
Avalon Reports Significant Progress on Its Separation Rapids Lithium Minerals Project, Kenora, ON
Toronto, Ontario--(Newsfile Corp. - September 3, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to report on its progress at the 100% owned Separation Rapids Lithium Minerals Project ("Separation Rapids") located north of Kenora, Ontario. Most significantly, recent metallurgical process development work has successfully produced a very high purity lithium mineral (petalite) concentrate, notable in its exceptionally low iron content. Twenty...
2014-09-03 10:35 AM EDT
Avalon Announces $2.0 Million Non-Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - June 19, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that the Company is planning to raise approximately $2,000,000 by way of a non-brokered private placement of up to 2,500,000 flow-through common shares ("Flow-Through Shares") at a price of $0.60 per Flow-Through Share and a non-brokered private placement of up to 1,000,000 non flow-through units ("Non Flow-Through Units") priced at $0.48...
2014-06-19 7:11 PM EDT
Avalon Closes US$4million Registered Direct Offering
Toronto, Ontario--(Newsfile Corp. - June 13, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has closed its previously announced registered direct offering with an institutional investor for gross proceeds of approximately US$4 million, as further described in the Company's news release of June 10, 2014. Net proceeds, after deducting the placement agent's fee and other estimated offering expenses payable by
2014-06-13 4:53 PM EDT
Avalon Announces US$4million Registered Direct Offering
Toronto, Ontario--(Newsfile Corp. - June 10, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has entered into a definitive agreement with an institutional investor pursuant to which the investor will purchase 9,237,875 units of the Company at a price of US$0.433 per unit (the "Offering"). Each unit will be comprised of a common share and 0.70 of a common share purchase warrant. Each whole warrant is exercisable into a...
2014-06-10 9:50 AM EDT