OTC Markets OTCQB - Delayed Quote • USD Avalon Advanced Materials Inc. (AVLNF) Follow Compare 0.0250 -0.0003 (-1.19%) At close: January 9 at 7:00:00 PM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Avalon Announces $3.5M Financing from JV Partner and Major Shareholder Sibelco Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has completed CAD $3,500,000 in convertible debenture financing from its significant shareholder, SCR-Sibelco NV ("Sibelco"), 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 ... Avalon Advanced Materials partners with Qualcomm for mining tech advancements The collaboration will develop a strategic road map for Internet-of-Things (IoT)-enabled solutions. Avalon Enters into Strategic Collaboration with Qualcomm for Mining Innovation and Technology Solutions in Canada Toronto, Ontario--(Newsfile Corp. - November 6, 2024) - Consistent with its strategy to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), is pleased to announce it has signed a memorandum of understanding with Qualcomm Technologies Inc. (the "MOU") on a strategic collaboration focused on Avalon's Thunder Bay lithium processing facility, advancing cutting-edge digital solutions that enhance Avalon Unveils Third-Party Economic and Labour Study for Its Thunder Bay, Ontario Lithium Processing Facility Toronto, Ontario--(Newsfile Corp. - October 9, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), today shared the results of a third-party study conducted by RIAS Inc. (RIAS), an Ottawa-based consulting firm. This report, based on the recent Preliminary Economic Assessment (PEA) and customized input-output multipliers from Statistics Canada, details the significant economic and labour impacts from Avalon's proposed lithium processing facility in Thunde Avalon Unveils Video Rendering for the Thunder Bay Lithium Project Following PEA Completion Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") 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 (the "Project"). Cannot view this video? Visit:https://www.youtube.com/watch?v=nO4ak5shWVoThe video rendering highlights the facility's innovative battery-grade lithium h Avalon Advances Sustainability Efforts with Proposed Solar Farm at its Thunder Bay Industrial Site Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), 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 Avalon Completes PEA: Post-Tax C$4.1 Billion NPV (8%) and 48% IRR at its Thunder Bay Lithium Processing Facility, ON Toronto, Ontario--(Newsfile Corp. - September 3, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), is pleased to announce the completion of a Preliminary Economic Assessment ("PEA") for its Lithium Hydroxide Processing Facility project in Thunder Bay, Ontario, Canada (the Project or the "Lake Superior Lithium Project").The PEA prepared by DRA Americas Inc. demonstrates the Project's compelling economic viability. The PEA considers a design capacity for Avalon Advanced Materials Further Intersects 1.54% Li2O over 136.95 meters at Big Whopper Deposit, Separation Rapids JV Toronto, Ontario--(Newsfile Corp. - August 19, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), in conjunction with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), is pleased to report 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"). See Figure 1. The 2024 winter drill campaign was conducted ... Avalon Undertakes a Mineral Resource Estimate Update following Positive Drill Results for Separation Rapids JV, ON Toronto, Ontario--(Newsfile Corp. - August 13, 2024) - Avalon Advanced Materials Inc.(TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), in conjunction with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), is delighted to announce the commencement of an upcoming mineral resource update for the Separation Rapids Project in Kenora, Ontario. Managed by the Joint Venture Company Separation Rapids Ltd. ("SRL"), the 2024 winter drill campaign focused on a critical part of SRL's strategy Lithium: The Key Metal Keeping Biden and Xi Awake at Night Explore the companies leading the charge in lithium production, from BHP Group and Lithium Americas to Albemarle Corporation and beyond. Avalon Advanced Materials intersects 1.67% Li2O over 105.6m and 1.68% Li2O over 66.2m at Big Whopper Deposit, Separation Rapids Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is pleased to report the first batch of drill results for the 2024 winter drill campaign (total 10 holes) from the Separation Rapids Project in Kenora, Ontario (the "Project"). See Figure 1. The 2024 winter drill campaign was conducted by the joint venture company Separation Rapids Ltd. Separation Rapids Ltd is a joint venture between SCR-Sibelco NV ("Sibelco"; ... Avalon Makes Strategic Appointment for Vice-President, Corporate Development Toronto, Ontario--(Newsfile Corp. - June 3, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce to the appointment of Dr. Andrew J. Ramcharan (Ph.D., P.Eng, FAusIMM), a widely respected global mining executive, as Avalon's new Vice President, Corporate Development.Dr. Ramcharan's appointment enhances Avalon's governance structure, driving forward our corporate development and strategic objective of creating Ontario's first verticall Avalon Announces Results of Independent Valuation Report for the Site of its Planned Thunder Bay Lithium Processing Facility Toronto, Ontario--(Newsfile Corp. - May 27, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the results of an order of magnitude site infrastructure valuation report prepared by AFRY Canada ("AFRY") for the site of Avalon's proposed lithium processing facility in Thunder Bay, Ontario.The report highlights that the replacement cost of the infrastructure at Avalon's Thunder Bay site, factoring in its current condition, is estimate Avalon Advanced Materials Announces Commencement of Preliminary Economic Assessment ("PEA") for Avalon's Thunder Bay Lithium Conversion Facility Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce 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 ... Avalon Closes $2,750,000 First Drawdown of $15,000,000 Convertible Security Funding Agreement Toronto, Ontario--(Newsfile Corp. - March 27, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has closed the $2,750,000 first drawdown of its up to $15,000,000 convertible security funding agreement (the "Funding Agreement") with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager (together "Lind"). The details of the Funding Agreement are ... Avalon Enters into $15,000,000 Convertible Security Funding Agreement to Accelerate Development of Its Planned Lithium Processing Facility in Ontario Toronto, Ontario--(Newsfile Corp. - March 18, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has entered into a $15,000,000 convertible security funding agreement (the "Funding Agreement") with Lind Global Fund II, LP, an entity managed by The Lind Partners, a New York based institutional fund manager (together "Lind").The first drawdown on the Funding Agreement will be for $2,750,000, and is expected to close ... Avalon Announces the Results of Its 2024 Annual and Special Meeting of Shareholders Toronto, Ontario--(Newsfile Corp. - February 28, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") announces the results of its 2024 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 27, 2024 (the "Meeting"). At the Meeting, all eight director nominees listed in the Company's information circular dated January 9, 2024 were elected as directors of the Company. The detailed results of the vote ... Avalon Appoints Scott Monteith as CEO and Changes Location for Annual Meeting of Shareholders Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the appointment of Mr. Scott Monteith as the Company's Chief Executive Officer. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is S&P/TSX Composite index Return AVLNF S&P/TSX Composite index YTD +1.21% +0.60% 1-Year -65.03% +18.10% 3-Year -72.22% +17.47%