Ontario, Canada - Consistent with its strategy to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. and is pleased to announce it has signed a memorandum of understanding to create a strategic partnership with Metso Corporation , a global leader in clean, sustainable critical-mineral processing technology. The agreement, signed at Canada House in London UK, will [...]
As part of its strategic transformation to become a vertically integrated lithium producer, Avalon Advanced Materials Inc. and is pleased to announce the successful acquisition of an industrial site in Thunder Bay, Ontario which has existing road, rail, deep-water port, and utilities services for its planned midstream lithium-hydroxide processing facility. The planned facility will ensure the long-term security of [...]
As part of its strategic transformation to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. is pleased to announce the signing of a binding term sheet to create a new joint venture with SCR-Sibelco NV , a global leader in materials solutions. Avalon has issued to Sibelco, on a non-brokered private placement basis, 109,692,764 common shares of Avalon for aggregate [...]
As part of its strategic transformation to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. is pleased to announce the appointment of three veteran executives to its leadership team, a key milestone as the Company executes on an ambitious growth plan. Scott Monteith will assume control as interim Chief Executive Officer Jim Jaques will serve as the Company's inaugural [...]
Avalon Advanced Materials Inc. is pleased to announce final assays from the 2022-2023 drilling program at the Company's flagship Separation Rapids Lithium Project, confirming potential to significantly expand its lithium resource at depth. New significant intercepts shown below are from three of the four final drill holes. SR23-85: 1.56% Li2O over 47.71 metres SR23-91: 1.06% Li2O over 10.38m and 1.66% Li2O over 7.01m and [...]
Avalon Advanced Materials Inc. , a lithium-focused mineral development company advancing critical mineral projects to support the North American battery supply chain, today announces the retirement of its long-standing CEO, Don Bubar. Don will continue to serve on Avalon's Board of Directors. Scott Monteith, who was appointed to Avalon's Board of Directors in May 2023, will assume the role of Interim CEO. Mr. Monteith is [...]
Avalon Advanced Materials Inc. , a lithium-focused mineral development company advancing critical mineral projects to support the North American clean technology supply chain, is pleased to outline Avalon's strategic direction and provide an update on key 2023 activities. Recent Highlights Appointment of Zeeshan Syed as President, to lead the Company's growth and commercial strategy, and Rickardo Welyhorsky as COO, to [...]
Avalon Advanced Materials Inc. announces that the preliminary results from the winter 2023 diamond drilling program has potentially expanded the lithium resource at the Company's Separation Rapids Lithium Project. Thirteen holes totalling 4179 metres were drilled on the central main mass depth extensions of the resource. Of note, the final hole totalled 570 metres vertically through the deposit and confirmed visual [...]
Avalon Advanced Materials Inc. is pleased to announce the appointment of Mr. Zeeshan Syed, as the Company's new President, effective March 1, 2023, while Donald Bubar will continue to serve as CEO until the 2023 calendar year-end. Mr. Syed has close to 20 years of combined experience in the energy sector in North America providing executive direction on the development, implementation, and communications of major projects [...]
Avalon Advanced Materials Inc. announces the results of its 2023 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 23, 2023 . At the Meeting, all six director nominees listed in the Company's information circular dated January 10, 2023, 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 Donald Bubar [...]
Avalon Advanced Materials Inc. is pleased is pleased to announce that it has appointed Mr. Rickardo Welyhorsky, P. Eng., as its Vice President, Operations and Chief Operating Officer. Mr. Welyhorsky is a registered Professional Metallurgical Engineer with over 29 years of experience spanning all levels of project development and operations in the mining and metals industry. He brings to Avalon a wealth of industry [...]
Avalon Advanced Materials Inc. is pleased to announce that it has completed a non-brokered private placement consisting of 11,470,624 flow-through units at a price of $0.17 per unit for gross proceeds of $1,950,000. Each flow-through unit was comprised of one flow-through common share and one half of one common share purchase warrant, with each whole warrant entitling the holder to acquire one non-flow-through common [...]