Avalon Attracts Development Partner to Nechalacho Rare Earth Elements Project Yellowknife, NWT
Toronto, Ontario--(Newsfile Corp. - January 30, 2019) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has attracted a new partner in private Australian company, Cheetah Resources Pty Ltd. ("Cheetah") to participate in the development of the rare earth resources on its mining leases collectively comprising the Nechalacho Project at Thor Lake near Yellowknife, NWT, Canada (the "Property"). Avalon and Cheetah have signed a...
2019-01-30 5:05 PM EST
Avalon Completes Non-Brokered Private Placement for Gross Proceeds of $700,000
Toronto, Ontario--(Newsfile Corp. - December 21, 2018) - 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 10,000,000 flow-through shares at a price of $0.07 per share for gross proceeds of $700,000. Pursuant to Canadian securities laws, the securities issuable under this private placement are subject to a hold period which expires on April 22, 2019. The...
2018-12-21 3:10 PM EST
Avalon Releases Annual Sustainability Report, Annual Filings and Closes Financing
Toronto, Ontario--(Newsfile Corp. - December 3, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the release of its seventh annual comprehensive Sustainability Report, along with the release of its 2018 annual filings and that it has closed its previously announced $500,000 convertible security funding. The 2018 Sustainability Report entitled Refocus, Revive & Restore focuses on health and safety, social, environmental and...
2018-12-03 8:00 AM EST
Avalon Arranges $876,000 in Interim Financing
Toronto, Ontario--(Newsfile Corp. - November 26, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has closed a private placement of units for gross proceeds of $376,250 and entered into a $500,000 convertible security funding agreement ("Funding Agreement") with an entity managed by The Lind Partners ("Lind"), a New York based asset management firm. The Company continues to make steady progress with its development...
2018-11-26 5:05 PM EST
Avalon Provides Progress Report on Nechalacho Rare Earths Project, Yellowknife, NWT
Toronto, Ontario--(Newsfile Corp. - October 10, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to provide a progress report on its 100% owned Nechalacho Rare Earths Project near Yellowknife, Northwest Territories ("Nechalacho" or "the "Project"), since announcing the re-activation of the Project on May 15, 2018. Concerns about security of supply of these critical elements are growing, as the trade dispute between China and the United...
2018-10-10 4:22 PM EDT
Avalon Receives Encouraging Ore-Sorting Test Results from East Kemptville Tin Project, Yarmouth Co., Nova Scotia
Toronto, Ontario--(Newsfile Corp. - September 17, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that the Company has received positive results from an ore-sorting testwork program conducted on samples of tin mineralization from its East Kemptville Tin Project ("East Kemptville" or the "Project"). As discussed in the Company's news release dated July 24, 2018, these results provide further encouragement that ore-sorting...
2018-09-17 7:50 AM EDT
Avalon discovers new lithium pegmatite with grades over 2.5% Li2O at Separation Rapids Lithium Project, Kenora, ON
Toronto, Ontario--(Newsfile Corp. - September 4, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report the discovery of a new lithium pegmatite on its 100% owned Separation Rapids Lithium Property near Kenora, Ontario. The new discovery, named the Snowbank Pegmatite, occurs on the Paterson Lake claims acquired by Avalon in 2017, approximately four kilometres northwest of the main Separation Rapids lithium deposit. It was discovered...
2018-09-04 5:10 PM EDT
Avalon announces completion of updated PEA for the Separation Rapids Lithium Project, Kenora, ON
Toronto, Ontario--(Newsfile Corp. - August 21, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report that it has completed an updated Preliminary Economic Assessment ("PEA") for the Separation Rapids Lithium Project near Kenora, Ontario, Canada (the "Project"). The updated PEA reflects a simplified business model that focuses on initial production of lithium mineral concentrates, with potential for future expansion into production of...
2018-08-21 5:10 PM EDT
Avalon Continues to Advance East Kemptville Tin Site Rehabilitation Project with Completion of PEA
Toronto, Ontario--(Newsfile Corp. - July 24, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report that further to the Company's news release of June 28, 2018, Avalon has finalized its Preliminary Economic Assessment ("PEA") on the East Kemptville Tin Project (the "Project"). Avalon also held key meetings with Ministry of Natural Resources officials
2018-07-24 5:31 PM EDT
Avalon Completes $0.75 million Preferred Share Financing and $140,000 First Tranche of Private Placement
Toronto, Ontario--(Newsfile Corp. - June 29, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has completed a non-brokered private placement financing consisting of 150 Series C1 Preferred Shares (the "Preferred Shares") on a private placement basis at a price of $5,000 per Preferred Share for gross proceeds of $750,000 with an entity managed by The Lind Partners ("Lind"), a New York based asset management firm (the...
2018-06-29 7:48 PM EDT
Avalon provides update on re-development plans for the East Kemptville Tin-Indium Project, Nova Scotia
Toronto, Ontario--(Newsfile Corp. - June 28, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to provide an update on its plans for small-scale re-development of the past-producing East Kemptville tin mine, Yarmouth County, Nova Scotia (the "Project"). Over the past year, the Company has developed a new model involving tin concentrate production from a large stockpile of historically-mined low grade tin ore, supplemented by limited mining...
2018-06-28 2:59 PM EDT
Avalon Announces Updated Resource Estimate and Development Plans for Separation Rapids Lithium Project, Kenora, Ontario
Toronto, Ontario--(Newsfile Corp. - May 23, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce a mineral resource estimate update for the Separation Rapids lithium deposit which includes results from the 2018 winter drilling program disclosed in the Company's news release dated April 3, 2018. In this program, four holes extended the known deposit to depth on both its east and west ends, resulting in a 10% increase in overall...
2018-05-23 1:30 PM EDT
Avalon Re-Activates Nechalacho Rare Earth Elements Project, NWT, Canada on Growing Demand for Neodymium
Toronto, Ontario--(Newsfile Corp. - May 15, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it will re-activate its 100% owned Nechalacho Rare Earth Elements Project, Thor Lake, NWT ("Nechalacho" or "the Project") in 2018 due to strong demand for the 'magnet rare earths' neodymium and praseodymium. Rare earth magnets remain vital to many clean technology applications requiring high efficiency, lightweight electric motors...
2018-05-15 1:37 PM EDT
Avalon Ranked in Corporate Knights' "Future 40 Responsible Corporate Leaders in Canada" for Third Time
Toronto, Ontario--(Newsfile Corp. - April 20, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report that it has once again placed among Corporate Knights' 2018 Future 40 Responsible Corporate Leaders in Canada from a shortlist of eligible small and mid-size organizations. Don Bubar, Avalon's President and CEO, commented, "This is well-earned recognition for everyone at Avalon and the sustainability culture we have developed. We...
2018-04-20 11:46 AM EDT
Avalon Reports Assay Results from 2018 Winter Drilling Program at Separation Rapids Lithium Project, Kenora, ON
Toronto, Ontario--(Newsfile Corp. - April 3, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to report assay results from its successful 2018 winter drilling program at its Separation Rapids Lithium Project near Kenora, Ontario. The results were highlighted by a 37.75 metre intersection of lepidolite-rich mineralization in hole SR18-80 that averaged 1.58% Li2O. Six holes totalling 1,548 metres were completed. All holes intersected...
2018-04-03 7:55 AM EDT
Avalon Announces the Results of its 2018 Annual Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - February 28, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce the results of its 2018 Annual Meeting of Shareholders held in Toronto, Ontario on February 27, 2018 (the "Meeting"). At the Meeting, all six director nominees listed in the Company's information circular dated January 11, 2018 were elected as directors of the Company. The detailed results of the vote are as follows: Director
2018-02-28 5:10 PM EST
Avalon Completes Planned Drilling Program on Separation Rapids Lithium Project
Toronto, Ontario--(Newsfile Corp. - February 23, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has completed the diamond drilling program on its Separation Rapids Lithium Project near Kenora, Ontario. As planned, six holes totalling 1,500 metres were completed in just under one month. The program ran very smoothly without delays or technical issues. The objective of the drill program was to expand lithium resources...
2018-02-23 7:55 AM EST
Avalon Announces Start of Winter Drilling Program on Separation Rapids Lithium Project
Toronto, Ontario--(Newsfile Corp. - January 25, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has commenced a diamond drilling program on its Separation Rapids Lithium Project near Kenora, Ontario. At least seven holes totalling 1500 metres are planned in order to increase the total lithium resources in the main Separation Rapids lithium deposit. The entire work program has a budget of $500,000. The deposit is open...
2018-01-25 12:03 PM EST
Avalon Closes $1.5 million Preferred Share Financing
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has closed its previously announced preferred share financing with an entity managed by The Lind Partners, a New York based asset management firm ("Lind"), as described in the Company's news release of December 22, 2017 (http://www.avalonadvancedm
2018-01-15 5:05 PM EST
Avalon Enters into Preferred Share Financing Agreement for Gross Proceeds of $1.5 million and Completes $362,000 Flow-Through Private Placement
Toronto, Ontario--(Newsfile Corp. - December 22, 2017) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has entered into a preferred share purchase agreement (the "Agreement") with an entity managed by The Lind Partners, a New York based asset management firm ("Lind"). The financing will involve the issuance of 300 Series B1 Preferred Shares (the "Preferred Shares") on a private placement basis at a price of $5,000 per...
2017-12-22 5:05 PM EST