Bullboard - Stock Discussion Forum 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... see more

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TSX:AVL - Post Discussion

Avalon Advanced Materials Inc > Financing

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Post by elitespooner on Jan 25, 2021 8:49am

Financing

https://ca.finance.yahoo.com/news/avalon-enters-3-000-000-130000897.html

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Comment by replicator on Jan 25, 2021 8:56am

More dilution ! Lets see how the markets react

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Comment by Nick1969 on Jan 25, 2021 9:33am

How do you think this will affect SP?

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Comment by replicator on Jan 25, 2021 9:35am

Looks good so far

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Comment by replicator on Jan 25, 2021 9:42am

I think we are in for a very active trading day.

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Comment by toppgunn on Jan 25, 2021 11:49am

Definitely welcome the news of financing to get the project moving forward. It is in the right direction as need to develp this Lithium resource and get projects built. Welcome the increase in share price this morning as showing a lot of interest. The downside remains more dilution of shares i.e. 9.8 million common purchase warrants at .18 cents. My preference and a ...more

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Comment by Nick1969 on Jan 25, 2021 3:13pm

toppgunn : Will anything positive come out of this financing and dilution , or as you said , it ''will just go to pay salaries etc'' ? In other words will the SP stay at even these levels or we will see it go down to 0.10 again ? That's the question of the day/week ...

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