Avalon Advanced Materials Inc. and is pleased to announce that it has entered into a $3,000,000 convertible security funding agreement with an entity managed by The Lind Partners , a New York based asset management firm. The convertible security has a two year term and will accrue a simple interest rate obligation of 10% per annum on the funded amount, which is prepaid and attributed to its face value upon issuance [...]
Avalon Advanced Materials Inc. is pleased to announce that the Company has released its ninth annual comprehensive sustainability report, along with its 2020 annual filings including the audited financial statements. The Company also reports that its recent news release on the the signing of a Letter of Intent with Rock Tech Lithium Inc. generated considerable media coverage for which links are provided below. The 2020 [...]
Avalon Advanced Materials Inc. and is pleased to announce it has entered into a Letter of Intent with Rock Tech Lithium Inc. to collaborate on the development of a lithium battery materials process facility in Thunder Bay, Ontario. This facility would be designed to accept lithium mineral concentrates from Avalon's Separation Rapids Lithium Project and Rock Tech's Georgia Lake Lithium Project , as well as potentially [...]
Avalon Advanced Materials Inc. , a Canadian mineral development company specializing in critical metals and minerals with growing demand in new technology, will be presenting at this year's virtual Fall Investor Summit on November 16th-18th. The Fall Investor Summit will take place virtually, featuring 75 companies and over 300 institutional and retail investors. About Avalon Advanced Materials Inc. Avalon owns five [...]
Avalon Advanced Materials Inc. is pleased to announce it has engaged Sustainalytics, a Morningstar company, to conduct an independent audit of the Company's business practices and policies towards obtaining an Environmental, Social and Corporate Governance Risk Rating License. Sustainalytics' ESG Risk Ratings provide investors with third-party validation of the company's sustainability performance, along with insights [...]
Avalon Advanced Materials Inc. is pleased to announce that it intends to extend the expiry date of a total of 2,187,500 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 completed in November 2018, and are set to expire in November, 2020. The [...]
Avalon Advanced Materials Inc. is pleased to announce that it has re-activated its 100% owned Lilypad Cesium-Tantalum-Lithium Project due to increasing demand for cesium. Cesium is a rare element in growing demand for many new technologies, but with very limited supply following the cessation of production from the world's largest historical producer, the Tanco mine, near Bernic Lake, Manitoba. The Lilypad Property [...]
Avalon Advanced Materials Inc. and is pleased to provide an update on its Separation Rapids Lithium Project , situated approximately 70 km by road north of Kenora, Ontario. Since Avalon's news release dated June 3, 2020, metallurgical testwork has been progressing on several fronts with the overall objectives of reducing costs, improving recoveries and optimizing lithium product quality. The Company is continuing to look [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed a non-brokered private placement consisting of 6,000,000 flow-through units at a price of $0.09 per unit for gross proceeds of $540,000. Each unit consists of one flow-through common share and one-half common share purchase warrant. Each warrant shall entitle the holder to acquire one non-flow-through common share at a price of $0.12 until August [...]
Avalon Advanced Materials Inc. is pleased to announce the appointment of Marilyn Spink, P.Eng. to the Company's Board of Directors . Ms. Spink will replace Brian MacEachen, who recently informed the Board of his decision to step down from the Board, after serving as a Board member for over 20 years, although he will continue to serve the Company in an advisory role. Alan Ferry has agreed to assume responsibility as Board [...]
Avalon Advanced Materials Inc. is pleased to provide an update on its 2020 project development plans for the 100% owned Separation Rapids Lithium Project near Kenora, where interest in the Company's lithium mineral products continues to grow. Avalon has now received the necessary approvals to proceed with the 2,500 tonne bulk sample extraction program that was originally planned for 2019. This includes acceptance for [...]
The Virtual Summer Summit will take place on June 9th-12th, connecting 47 presenting small and microcap companies with distinguished investors from around the globe. A full list of issuers are listed below along with webcasting links to view presentations. Company Ticker Webcasting Link ACCO Brands Corporation ACCO Participating in meetings only Alimera Sciences, Inc. ALIM [...]
