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Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s):  AVLNF

Avalon Advanced Materials Inc. is a Canadian-advanced manufacturing company focused on vertically integrating the Ontario lithium supply chain. Its Lake Superior Lithium Project is in the City of Thunder Bay, Ontario. Lake Superior Lithium Project is located between northern Ontario’s lithium deposits and southern EV battery plants. Through its joint venture with SCR-Sibelco NV, it is developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to advance the Snowbank lithium and Lilypad lithium-caesium projects. It is also working to develop its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit contains critical minerals for use in advanced technologies in the communications and defense industries, among other sectors. Its East Kemptville Tin-Indium Project is located 55 kilometers northeast of Yarmouth, Nova Scotia, Canada. Nechalacho Rare Earth Elements Project is located at Thor Lake, Northwest Territories.


TSX:AVL - Post by User

Post by Snakebite18on May 08, 2022 1:41pm
364 Views
Post# 34665463

All good

All goodThe loan wasn't the greatest. I think the banks and institutions that take care of lending these days are a bit on edge about the economy, hence the rates. At least the put a repurchase clause in there. I guess will just have to say one step back to take two forward. Seems to be a lot of that going around these days. No looking back now. Full steam ahead. Northern Ontario turning into a hot spot for mining in general, combined with all the support this has behind it, government and others, it wouldn't surprise me one bit if this took of before the mine ever even opens. All good $$$$
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