Tillkännagivande • Jan 15
Avalon Advanced Materials Inc. Initiates Updated Preliminary Economic Assessment for Nechalacho Project Avalon Advanced Materials Inc. announced the commissioning of a new Preliminary Economic Assessment ("PEA") for its Nechalacho Rare Earths and Zirconium Project in the Northwest Territories. The refreshed PEA is intended to update and modernize the project's 2013 Definitive Feasibility Study ("DFS") by incorporating advances in processing technology and updated capital and operating cost assumptions reflective of current market conditions. Advancing the PEA reflects a strategic effort to align Nechalacho with current technical, commercial, and geopolitical realities - including advances in rare-earth processing technologies, evolving infrastructure and logistics requirements, and the growing emphasis on secure, allied supply chains for critical minerals. The study will integrate updated cost data, revised engineering inputs, and environmental and regulatory considerations, establishing a refreshed economic and technical basis to advance project optimization, financing discussions, and strategic partnerships. The Company has engaged Wood Canada Limited ("Wood") to complete the PEA and NI 43-101 Technical Report. Wood is a global leader in engineering and consulting, with extensive experience delivering prefeasibility and feasibility studies for remote mining projects, including several rare earth elements projects across Canada and the U.S. The Company expects the refreshed PEA to be completed within approximately six months. Thereafter, Avalon intends to proceed directly to a DFS as the next phase of project development, providing the level of engineering, cost definition, and risk validation required to confirm project viability and support project financing, offtake, and strategic partnership discussions. As previously announced in connection with the Company's CAD 18.65 million financing, Avalon is committed to advancing its core rare earth and lithium assets through updated technical and economic studies. The initiation of the updated PEA at Nechalacho demonstrates the Company's execution on those commitments, advancing project readiness and supporting ongoing strategic partnership and financing discussions. Tillkännagivande • Dec 23
Avalon Advanced Materials Inc., Annual General Meeting, Feb 26, 2026 Avalon Advanced Materials Inc., Annual General Meeting, Feb 26, 2026. Tillkännagivande • Oct 24
Avalon Advanced Materials Inc. announced that it has received CAD 18.654 million in funding On October 24, 2025.Avalon Advanced Materials Inc announced that it has closed the transaction. It has issued 133,218,180 non-flow-through units of the Company and an aggregate of 30,769,231 flow-through units of the Company for aggregate gross proceeds of CAD 18,653,999.83. Tillkännagivande • Oct 14
Avalon Advanced Materials Inc. announced that it expects to receive CAD 21 million in funding Avalon Advanced Materials Inc announced a brokered private placement under the Listed issuer Financing Exemption to issue up to 154,545,455 Non-Flow Through Units at a price of CAD 0.11 per unit for aggregate proceeds of CAD 17,000,000.05 and up to 30,769,231 flow-through units at a price of CAD 0.13 for aggregate proceeds of CAD 4,000,000.03 and total gross proceeds amounting to CAD 21,000,000.08 on October 14, 2025. Each Non-FT Unit shall be comprised of one common share of the Company and one common share purchase warrant of the Company. Each FT Unit will consist of one Common Share, each of which will qualify as a "flow-through share" within the meaning of subsection 66(15) of the Income Tax Act (Canada) (the "Tax Act"), and one Warrant. Each Warrant will entitle the holder to acquire one Common Share at an exercise price of CAD 0.17 per Warrant Share for a period of 36 months from the Closing Date. The Company has granted the Agents an option to sell up to 27,272,727 additional Non-FT Units at the Non-FT Offering Price to raise additional gross proceeds of up to approximately CAD 3,000,000. The Agents’ Option is exercisable in whole or in part, at any time to 48 hours prior to the closing of the Offering. In consideration for the services provided to the Company in connection with the Offering, the Agents will be entitled to receive a cash commission equal to 6% of the gross proceeds raised under the Offering and such number of broker warrants as is equal to 6% of the number of Units sold under the Offering. Each Broker Warrant will entitle the holder thereof to acquire one common share of the Company at a price of CAD 0.11 per Broker Warrant Share for a period of 36 months following the Closing Date. The transaction is expected to close on or about October 24, 2025 and is subject to receipt of all regulatory approvals including the final acceptance by the Toronto Stock Exchange. Tillkännagivande • Dec 24
Avalon Advanced Materials Inc., Annual General Meeting, Feb 27, 2025 Avalon Advanced Materials Inc., Annual General Meeting, Feb 27, 2025. Tillkännagivande • Aug 21
Avalon Advanced Materials Inc. in Conjunction with Its Joint-Venture Partner SCR-Sibelco NV Reports the Second and Final Batch of Drill Results for the 2024 Winter Drill Campaign Avalon Advanced Materials Inc. in conjunction with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), reported the second and final batch of drill results for the 2024 winter drill campaign (which totaled 10 holes) from the Separation Rapids Project in Kenora, Ontario (the "Project"). The 2024 winter drill campaign was conducted by the Joint Venture Company Separation Rapids Ltd., which is 60% owned by Sibelco and 40% owned by Avalon. The results represent 199 assay results from 5 diamond drill holes completed as part of the 2024 expansion and infill drill campaign at the current 750m strike length Big Whopper Deposit. The drill program was intended to upgrade the 2023 Mineral Resource Estimation classification as well as to expand the mineral resources. Drill Highlights includes from Big Whopper Deposit: SR24-121 intersected 1.54% Li2O over 136.95 meters from 321.00m including 2.28% Li2O over 4.00 meters from 421.00m. SR24-119 intersected 1.87% Li2O over 17.15 meters from 284.40m SR24-120 intersected 1.60% Li2O over 12.80 meters from 66.15m. All quoted intersections comprise a cutoff grade of 0.5% Li2O. All significant assay intervals with true widths are reported in Table 1. Scott Monteith, CEO and Director, commented, " These exceptional results taken over very long intervals are a clear indication of the highly efficient drilling program by JV Partner Sibelco. Another long, massive intercept on Hole SR24-121 will be key to growing the mineral resource base. What is exceptionally exciting is the depth potential, with hole SR24-121 effectively intersecting 136.95m mineralization from 321m downhole. This hole supports belief that the company have barely begun to uncover the potential of lithium resources at the Separation Rapids deposit. With its objectives for the 2024 winter drilling campaign accomplished, the company look forward to the upcoming Mineral Resource Estimate". The results from the second batch of the 2024 drill campaign continues to identify mineralization below the current resource pit shell with drill hole SR24-121 intersecting values 0. 5% Li2O over a 136-meter interval, opening the main zone at depth. Eastern drilling shows promise of possible extension to the current resource boundaries. An updated Mineral Resource Estimate (MRE) is planned for Third Quarter of 2024 which will include results of the 2024 winter drill campaign. Total drill meterage will increase from 18,500 meters of drilling to 26,241 meters. A property wide mapping and sampling program was completed in late July 2024 with a focus on satellite targets and areas of limited geological data for further evaluation of the promising potential on the property. This mapping program covered approximately 5 kilometers along strike and is currently being modelled and interpreted for further evaluation. Four drill holes returned significant drill intercepts greater >/=0.5% Li2O". Tillkännagivande • Apr 17
Avalon Advanced Materials Inc. Announces Commencement of Preliminary Economic Assessment for Avalon's Thunder Bay Lithium Conversion Facility Avalon Advanced Materials Inc. announced that it has engaged DRA Americas Inc., a 100% owned subsidiary of DRA Global ("DRA") to commence a Preliminary Economic Assessment (PEA) of a lithium hydroxide conversion facility. The Project will be administered under AVL's wholly owned subsidiary Lake Superior Lithium Inc. The PEA will consider feed sourcing of high-grade lithium concentrates from various sources. The lithium conversion facility will feature the environmentally friendly Metso lithium conversion technology. The 100% owned site is a 383 Acre site and has direct access to all infrastructure needs including access to 80-100 MW of electrical power, natural gas, town water and sewer, rail and two on site rail spurs, road access near the Trans Canada Highway, and an open water port on the shore of Lake Superior. The proposed production level of the facility would be based on similarly designed units and is anticipated to be in the order of 30,000 tonne per year lithium hydroxide (LiOH) production with an operating life of over 20-years. The facility would be designed to produce both lithium hydroxide and lithium carbonate to address demand for the down stream consumers. Tillkännagivande • Mar 18
Avalon Advanced Materials Inc. announced that it expects to receive CAD 15 million in funding from The Lind Partners, LLC Avalon Advanced Materials Inc. announced that the company has entered into a convertible security funding agreement for the gross proceeds of CAD 15,000,000 on March 18, 2024. The first drawdown on the funding agreement will be for CAD 2,750,000. The transaction is expected to close within the next two weeks. The convertible security will have a two-year term and will accrue a simple interest rate obligation of 10% per annum. The transaction will include participation from returning investor, Lind Global Fund II LP, a fund managed by, The Lind Partners, LLC. In conjunction with the closing of the first drawdown under the Funding Agreement, Lind will receive a closing fee of CAD 96,250, and 15,800,000 common share purchase warrants. Each warrant will entitle the investor to purchase one common share of the company at a price of CAD 0.13 per common share until 60 months after closing. Pursuant to Canadian securities laws, the securities issuable under the first drawdown will be subject to a hold period which expires four months and one day after closing. The company has received conditional approval of the TSX in connection with the first drawdown. Tillkännagivande • Feb 14
Avalon Advanced Materials Inc. Appoints Scott Monteith as Chief Executive Officer Avalon Advanced Materials Inc. announced the appointment of Mr. Scott Monteith as the Company's Chief Executive Officer. Mr. Monteith, who has been serving as the Company's Interim CEO since May 2023, is an experienced clean tech executive, entrepreneur and business owner with a successful track record of moving inventions from concept to commercial success. Mr. Monteith has led the Company through the acquisition of the site for its planned lithium processing facility in Thunder Bay, Ontario, the formation of its joint venture with SCR-Sibelco NV to develop its Separation Rapids Lithium Project and Lilypad Project, as well as spearheading the overhaul of the Company's strategic direction. Tillkännagivande • Dec 16
Avalon Advanced Materials Inc., Annual General Meeting, Feb 27, 2024 Avalon Advanced Materials Inc., Annual General Meeting, Feb 27, 2024. Tillkännagivande • Dec 08
Avalon Advanced Materials Inc. announced that it expects to receive CAD 9.3 million in funding Avalon Advanced Materials Inc. announced a non-brokered private placement of 93,000,000 units at a price of CAD 0.1 per unit for the gross proceeds of CAD 9,300,000 on December 7, 2023. Each Unit comprises of one common share and half of one common share purchase warrant Each warrant will entitle the holder to acquire one share at a price of CAD 0.15 per warrant share for a period of 36 months. Closing of the offering will occur in in one or multiple tranches, with the first tranche of the offering expected to close on or about December 15, 2023. It is expected that insiders of the company will subscribe for up to CAD 250,000 of units pursuant to the offering. Tillkännagivande • Oct 26
Avalon Advanced Materials Inc. Announces Appointment of Timothy Haig to Its Board of Directors Avalon Advanced Materials Inc. announced the appointment of Timothy Haig to its Board of Directors. Mr. Haig is currently the CEO and founder of FORGE Hydrocarbon Corporation He has raised over $500m in growth capital for several companies both public and private Holds expertise in industrial process optimization, early-stage financing and technology scale-up Brings deep experience in non-carbon intensive, alternative energy commercialization Prior to that, Mr. Haig was co-founder of BIOX Corp., a renewable fuels company that was founded on a technology developed at the University of Toronto. The executive successfully took an idea from lab patent in 2000 to a public company in 2010. Mr. Haig subsequently helped take BIOX Corp. private in 2017, merging the enterprise with the second-largest renewable fuels producer in North America. Mr. Haig holds an industrial engineering degree (PEng.) from the Royal Military College of Canada, and Masters of Business Administration (MBA) from London City University. He served for more than a decade in the Canadian Armed Forces and the Canadian Special Operations Forces Command, in various officer positions. John E. Fisher, who has stepped down from the Board of Directors. Mr. Fisher joined the board in February 2020, providing valuable counsel in his time with the Company. Avalon is grateful for his contributions. Tillkännagivande • Oct 05
Avalon Advanced Materials Inc. Commences New $3.6 Million Drilling Program At Separation Rapids Joint Venture Lithium Deposit Avalon Advanced Materials Inc. announced the commencement of a new comprehensive drilling program at Separation Rapids, the Avalon-Sibelco joint venture lithium deposit in Northwestern Ontario. New Drill Program Highlights: 8,000mrdrilling program intended to upgrade the Inferred resources to Indicated status; Pontial increasese of the total lithium resource available in the open pit and underground portions of the project; CAD 3.6 million (EUR2.51 million) of capital budget with an estimated program duration of four months; First major capital initiative funded by the new Avalon-Sibelco joint Venture lithium deposit; Thisis is the logical and exciting next step in moving Sepation Rapids forward into commercial productionon. The MRE results confirmed sufficient qualities in the Separation Rapids deposit for both the glass-ceramics and lithium battery markets. In addition, the MRE indicated the potential of an additional 3Mt to 6Mt of available resource, with an average grade of between 1.0% and 1.4% Li(2) O, which the current drilling program will seek to confirm. Avalon retained Major Drilling Group International Inc. to conduct the work program. Major Drilling Group is one of the largest drilling services providers in the world, with over 3,500 employees across five continents. objectives of the Drilling Program: Priority y 1: Upgrade the Inferred to Indicated category in the open pit; Priority 2: st east and west extension on strike to increase total pit resource; Priority 3: Upgrade the Inferred toIndicated category and add further resource in the underground. This new Separation Rapids drilling program follows the acquisition in June of the Strathcona property in Thunder Bay, ON., a 383-acre industrial site that is intended to host Ontario's first lithium hydroxide conversion facility built and operated by Avalon. Avalon and Sibelco are continuing to negotiate in good faith a definitive agreement in respect of the joint venture. Tillkännagivande • Sep 12
Avalon Advanced Materials Inc. Announces Director Changes Avalon Advanced Materials Inc. announced the addition of two new directors who bring extensive expertise in international capital markets and resource development. Alec Kodatsky, Founding Partner, Forthlane Partners Ltd., and former Brendon-Woods "Top Gun" metals and mining equity analyst and a mining engineer, joins Avalon as a member of its Board of Directors (the "Board"). Benny Loix, Vice President – Commercial North America, at SCR Sibelco NV ("Sibelco") joins Avalon as Sibelco's nominee to the Board. These appointments will further support a new growth phase at Avalon, consisting of bringing the Company's portfolio of critical minerals assets into production, as well as building a vertically integrated lithium supply chain in Ontario. Mr. Kodatsky, based in Toronto, who will also join the Company's Audit Committee, brings more than two decades of experience conducting in-depth financial analysis and research in the metals and mining sector. He has extensive experience in firsthand assessments of operating and developmental mining assets for institutional and investment banking clients in Canada and internationally. ursuant to the terms of an investor rights agreement entered into between Avalon and Sibelco on June 14, 2013 as part of the joint venture between the two companies, Mr. Loix, who will be based in Charlotte NC, joins Avalon to accelerate the development of Avalon's portfolio of lithium deposits. He has served in Sibelco's Treasury Executive Vice President Group since 2008, being in charge of global M&A, insurance and risk management and was recently appointed as Sibelco's Vice President for North America. Marilyn Spink, a Director since June 2020, has retired from the Board. Tillkännagivande • Aug 12
Avalon Advanced Materials Inc. Announces an Updated Mineral Resource Estimate for the Avalon-Sibelco Joint Venture Lithium Deposit At Separation Rapids Avalon Advanced Materials Inc. announced an updated Mineral Resource Estimate ("MRE") for the Avalon-Sibelco joint venture lithium deposit at Separation Rapids. This updated MRE, compliant with NI 43-101, reports 10.08 million tonnes (Mt) averaging 1.35% of Measured and Indicated Lithium Oxide ("Li2O"), a 20% increase compared to previous results. The MRE for the Separation Rapids lithium deposit was conducted by SLR Consulting (Canada) Ltd. ("SLR"), an independent global mining advisory and consulting firm, using available drill hole data as of June 16, 2023. The MRE was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The updated MRE is based on 98 surface diamond drill holes for a total of 17,444m of drilling. This includes 13 new surface diamond drill holes totaling 4,128.3m1 drilled since the 2018 resource estimate. The new resource estimate will be incorporated into a definitive feasibility study of Separation Rapids, to. be completed by early to mid-2024, with the intention of commencing on-site operations in 2026. Tillkännagivande • Jun 17
Avalon Advanced Materials Inc. announced that it has received CAD 13.000031 million in funding from SCR-Sibelco N.V. Avalon Advanced Materials Inc. announced a non-brokered private placement of 109,692,764 common shares at an issue price of CAD 0.091164 per share for the gross proceeds of CAD 10,000,031 and secured convertible debenture for gross proceeds of CAD 3,000,000 for aggregate gross proceeds of CAD 13,000,031 on June 15, 2023. The transaction included participation from new investor, SCR-Sibelco N.V. for 19.9% stake in the company. The secured convertible debenture, providing for two advances to the company of CAD 500,000 on the date hereof and CAD 2,500,000 subject to the satisfaction of certain conditions precedent. The debenture bears interest at 7.115% per annum and the principal and interest are payable on maturity June 15, 2025, being two years from the date of the debenture. The company also granted to SCR-Sibelco N.V., for so long as SCR-Sibelco N.V. holds not less than 10% of the issued and outstanding common shares on a non-diluted basis. SCR-Sibelco N.V. also agreed to a 12-month standstill and certain resale restrictions placed on its holdings in the company. Tillkännagivande • May 20
Avalon Advanced Materials Inc. Announces the Retirement of Don Bubar as CEO Avalon Advanced Materials Inc. announced 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 an experienced clean tech executive, entrepreneur and business owner with a successful track record of moving inventions from concept to commercial success. Currently, he holds the position of Chair of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation. Mr. Monteith has extensive experience in the areas of chemical manufacturing, international businesses, M&A, government affairs and strategic planning. Don Bubar has been leading Avalon for more than 25 years, initially steering the Company towards its focus on critical minerals, and subsequently pioneering ESG and sustainability reporting within the junior mining sector. During his time at Avalon, Don grew the Company's flagship Separation Rapids Lithium Project from exploration to development stage, positioning the project for the upcoming demand in lithium, driven by the shift to electrification. Tillkännagivande • Jan 25
Avalon Advanced Materials Inc. Appoints Rickardo Welyhorsky as Chief Operating Officer Avalon Advanced Materials Inc. 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 experience within various roles including metallurgical test work, feasibility study work, engineering, construction, commissioning, start-up as well as operations and maintenance. While most of his recent experience has been in the gold sector, his vast experience will mesh well with the development needs to advance the Separation Rapids Lithium Project as well as the proposed lithium refinery. Mr. Welyhorsky has a background in Chemical Engineering Technology and Environmental Management from Cambrian College in Sudbury, Ontario as well as a Bachelor's degree in Metallurgical Engineering from Laurentian University. Tillkännagivande • Dec 17
Avalon Advanced Materials Inc., Annual General Meeting, Feb 23, 2023 Avalon Advanced Materials Inc., Annual General Meeting, Feb 23, 2023.