Avalon Advanced Materials Inc T.AVL

Alternate Symbol(s): AVLNF

Metals & Mining Industrial Metals & Minerals

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.

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Avalon Advanced Materials Inc > IMO AVL Took Out The Convertible Security Funding Agreement

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Comment by KIMAUIon Apr 08, 2024 10:07am

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Post# 35976579

RE:RE:IMO AVL Took Out The Convertible Security Funding Agreement

What reserves Nick? Sibelco owns 60% of seperation rapids? Even if they sold it all for 100M, we would be what 17c-19c? AVL 1.0 hovered in the 12c-15c for so long, so it is penny's on the dollar for most investors.

I don't know about you, but I could have made a lot more money elsewhere in the past 3 years.
We've spent (and given away) a lot of money to drop 50% since last year.

I am hopeful, long and optimistically but specultively frustrated.

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Rig Count Soars as Utilization Surpasses Industry Averages