Avalon Receives Continued Listing Standards Notice from NYSE
Toronto, Ontario--(Newsfile Corp. - August 5, 2015) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) (the "Company") has received a letter from NYSE MKT LLC ("NYSE MKT" or the "Exchange") dated July 30, 2015 which states that due to the Company's recent low selling share price, it has been deemed to be not in compliance with the continued listing standards of the Exchange. Pursuant to Section 1003(f)(v) of the Exchange's Company Guide, the Company's continued listing is contingent upon...
2015-08-05 5:09 PM EDT
Avalon Commences $1.3 Million Work Program on the East Kemptville Tin-Indium Project, Yarmouth Co., Nova Scotia
Toronto, Ontario--(Newsfile Corp. - June 15, 2015) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce the start of a $1.3 million work program on the East Kemptville Tin-Indium Project in southwestern Nova Scotia. The program will involve 2,000 metres of diamond drilling, metallurgical process testwork and preliminary environmental studies. This work will generate the data required to complete a Preliminary Economic Assessment ("PEA") by...
2015-06-15 4:37 PM EDT
Avalon Closes Public Offering for Gross Proceeds of $4 Million
Toronto, Ontario--(Newsfile Corp. - May 27, 2015) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has closed its previously announced public offering (the "Offering") of flow-through common shares (the "Flow-Through Shares") and units (the "Units") as described in the Company's news release of April 29, 2015. The Offering has resulted in gross proceeds to the Company
2015-05-27 9:27 AM EDT
IIROC Trade Resumption - Avalon Rare Metals Inc.
Toronto, Ontario--(Newsfile Corp. - April 29, 2015) - Trading resumes in: Company: Avalon Rare Metals Inc.
2015-04-29 9:19 AM EDT
Avalon Announces Public Offering of up to $5 million
Toronto, Ontario--(Newsfile Corp. - April 29, 2015) - Avalon Rare Metals Inc. (TSX and NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has entered into an agency agreement with Secutor Capital Management Corp. ("Secutor"), pursuant to which Secutor will act as agent on a best efforts basis in an offering of units of the Company (the "Units") and flow-through shares of the Company (the "Flow-Through Shares") for up to $5 million in gross proceeds (the "Offering"). The...
2015-04-29 9:11 AM EDT
IIROC Trade Halt - Avalon Rare Metals Inc.
Toronto, Ontario--(Newsfile Corp. - April 29, 2015) - The following issues have been halted by IIROC: Company:
2015-04-29 9:09 AM EDT
Avalon Announces Conceptual Economic Study Confirming Potential for Redevelopment of the East Kemptville Tin Deposit, Yarmouth Co., Nova Scotia
Toronto, Ontario--(Newsfile Corp. - February 25, 2015) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce the completion of a Conceptual Redevelopment Study, including preliminary economics (the "Study") on the East Kemptville Tin Deposit (the "Deposit"). The Study was prepared by Hains Engineering Company Limited ("Hains") and is the first economic study of the Deposit since the original East Kemptville mine closed in 1992. The purpose of...
2015-02-25 10:29 AM EST
Avalon Sets Annual Meeting of Shareholders for February 24, 2015 and Provides Update on Its Annual Filings
Toronto, Ontario--(Newsfile Corp. - January 26, 2015) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it will hold its Annual Meeting of Shareholders at 4:30 pm EST on Tuesday, February 24, 2015, at the Toronto Board of Trade, Room A/B/C/D, located at 1 First Canadian Place, Toronto, Ontario. Avalon has implemented the Notice and Access Provisions of NI 54-101, an environmentally friendly alternative that will reduce paper, printing...
2015-01-26 5:24 PM EST
Avalon Closes Non-Brokered Private Placement for Gross Proceeds of $2.425 Million
Toronto, Ontario--(Newsfile Corp. - December 19, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to announce that it has closed a non-brokered private placement (the "Private Placement") of 8,981,781 flow-through common shares ("Flow-Through Shares") at a price of $0.27 per Flow-Through Share for gross proceeds of approximately $2.425 million. Secutor Capital Management Corporation, and its affiliates, acted as a finder for the Company, and...
2014-12-19 5:07 PM EST
Avalon releases third Sustainability Report and announces Annual Filings for its Fiscal Year ended August 31, 2014
Toronto, Ontario--(Newsfile Corp. - December 1, 2014) - Avalon Rare Metals Inc. (TSX and NYSE MKT: AVL) (“Avalon” or the “Company”) is pleased to announce the release of its third annual comprehensive Sustainability Report entitled Lead. Collaborate. Diversify. (the “2014 Sustainability Report”). The 2014 Sustainability Report is available for download on the Company’s website at http://www.avalonraremetals.com/sustainability/sustainability_reporting/. The 2014 Sustainability Report has been...
2014-12-01 7:34 PM EST
Avalon Reports Resource Estimate for East Kemptville Tin-Zinc-Copper-Indium Deposit, Nova Scotia, Canada
Toronto, Ontario--(Newsfile Corp. - October 31, 2014) - Avalon Rare Metals Inc. (TSX: AVL) (NYSE MKT: AVL) ("Avalon" or the "Company") is pleased to report the results of its first National Instrument 43-101 ("NI 43-101") resource estimate for the East Kemptville tin-zinc-copper-indium deposit in Yarmouth County, Nova Scotia. The resource was prepared following a 7-hole confirmation drilling program completed at the site this summer to validate historical resource estimates and verify the...
2014-10-31 5:58 PM EDT
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