Avalon Advanced Materials Inc. , a Canadian critical minerals company advancing the supply of materials essential for Canada's future, today announced the appointment of Mr. Lorin Crenshaw as Chief Financial Officer as part of senior management changes aimed at accelerating its value creation strategy. Mr. Crenshaw brings 28 years of diversified financial experience, with expertise in capital markets, investor relations [...]
Avalon Advanced Materials Inc. is pleased to announce that it has closed the $1,300,000 second drawdown of its up to $15,000,000 convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager . The details of the Funding Agreement are contained in the Company's news release dated July 21, 2025. With the second drawdown now complete [...]
Avalon Advanced Materials Inc. is pleased to announce that it has entered into a supplemental funding agreement to draw down an additional $1,300,000 from its $15,000,000 convertible security funding agreement with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager . The second drawdown on the Funding Agreement will be for $1,300,000, and is expected to close [...]
Avalon Advanced Materials Inc. announces that its Board of Directors has approved the adoption of a shareholder rights plan effective as of April 8, 2025, pursuant to a shareholder rights plan agreement entered into with TSX Trust Company, as rights agent under the Rights Plan. The purpose of the Rights Plan is to ensure, to the extent possible, that all shareholders of the Company are treated fairly in connection with [...]
Avalon Advanced Materials Inc. , announces the results of its 2025 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 27, 2025 . At the Meeting, all seven director nominees listed in the Company's information circular dated January 14, 2025 were elected as directors of the Company. The detailed results of the vote are as follows: Director Number of Votes Cast Percentage of Votes Cast Alan [...]
Avalon Advanced Materials is pleased to announce the results of an updated Mineral Resource Estimate for the Separation Rapids Project. This update builds on a year of extensive drilling and data analysis, further refining the geological model of the previously announced mineral resource estimate from Avalon's August 10, 2023, news release. The updated MRE for the Separation Rapids Project was prepared by SLR Consulting [...]
Avalon Advanced Materials Inc. , is pleased to announce the appointment of Mark N.J. Ashcroft, P.Eng., a seasoned mining executive with extensive experience in operations and corporate finance, as a Strategic Consultant to Avalon's wholly owned subsidiary, Lake Superior Lithium Inc. . LSLi has been formed to progress the development of the proposed 30,000-tonne lithium processing facility in Thunder Bay, Ontario . Mr [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed CAD $3,500,000 in convertible debenture financing from its significant shareholder, SCR-Sibelco NV , a global leader in material solutions and a leader in the mining and processing of high purity quartz. The proceeds will be used to fund the advancement of its Lake Superior Lithium Project in Thunder Bay, the Nechalacho REE and Zirconium Project [...]
Consistent with its strategy to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. , is pleased to announce it has signed a memorandum of understanding with Qualcomm Technologies Inc. on a strategic collaboration focused on Avalon's Thunder Bay lithium processing facility, advancing cutting-edge digital solutions that enhance operational efficiency and optimize data [...]
Avalon Advanced Materials Inc. , today shared the results of a third-party study conducted by RIAS Inc. , an Ottawa-based consulting firm. This report, based on the recent Preliminary Economic Assessment and customized input-output multipliers from Statistics Canada, details the significant economic and labour impacts from Avalon's proposed lithium processing facility in Thunder Bay, Ontario . The full report is available [...]
Avalon Advanced Materials Inc. is pleased to share the release of a new video rendering showcasing the design and layout of the proposed processing facility at the Lake Superior Lithium Project in Thunder Bay, Ontario . Cannot view this video? Visit: https://www.youtube.com/watch?v=nO4ak5shWVo The video rendering highlights the facility's innovative battery-grade lithium hydroxide conversion process, starting with [...]
Avalon Advanced Materials Inc. , is pleased to announce plans to develop a zero-emission solar farm at its 100% owned Thunder Bay industrial site, the future home of Avalon's planned lithium processing facility. This initiative underscores Avalon's commitment to sustainability and positions the province as a leader in advanced manufacturing and clean energy. The proposed solar farm will repurpose a portion of the site [...]