Avalon Advanced Materials Inc (QB) (AVLNF) News

Concentrating and supporting one goal, one idea, often leads to success!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172721203

$AVLNF

2 major announcements is less than 5 days. It’s happening.

Up for the week and downtrend line broken. This may have been due to recent presentation.

Maintaining

https://finance.yahoo.com/news/avalon-announces-ceo-retirement-110000033.html

Avalon officially replaces Don Bubar.

The Big Whopper Lithium deposit appears to be at least twice a large as previously estimated.

https://finance.yahoo.com/news/avalon-expands-potential-separation-rapids-111500343.html

Avalon is the King of presentations. Promises promises. When will they announce some real news. The Thunder Bay site acquisition was announced 9 months ago, and was said to be closing by the end of September. (2022). They have been stating they will be producing & processing Lithium by 2025-2026. NFW. More like 2027 -2028, if they ever get a partner with a big checkbook to move the process along. Very frustrating. We need honest answers. Avalon will never build a $600 million facility on its own. They will need to give away half the company’s assets to lure a partner. Anticipating a fresh stock for capital raise soon to “fund ongoing operations”.

270 views Mar 22, 2023
Avalon Advanced Materials Inc. (OTCQB: AVLNF) (TSX: AVL) is a Canadian mineral development company specializing in sustainably-produced materials for clean technology. The Company now has four advanced stage projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, cesium and zirconium.

Keynote speaker: Zeeshan Syed, President

I’m just waiting for them to announce a meaningful progression toward said production of Lithium. They have a new President with Don Bubar finally throwing in the towell. No word in a while on the Thunder Bay site acquisition which was originally announced in August, and according to Bubar, would close by the end of September. (2022). There is no way they will be bringing Lithium to market in 2025. No chance they break ground, if they ever close Thunder Bay deal for at least 12 months, with a construction time of at least 24 months. Best case, plant starts running in mid 2026. And I’m not holding my breath on that.

Lithium exploration intensifies
Canada is well on its way to becoming a lithium supplier that will help address the foreseeable shortage of this mineral in the context of the energy transition
By Alexandra Lopez-Pacheco March 20, 2023

Some junior mining companies are very hard. Avalon Advanced Materials, which originally planned to move its Separation Rapids lithium mine project near Kenora into the lithium market for glass and ceramics, has changed direction. In 2022, it signed a non-binding memorandum of understanding with LG Energy Solutions to supply lithium for batteries starting in 2025. Avalon also plans to build a lithium processing facility in Thunder Bay to supply the electric vehicle (EV) battery industry.
https://magazine.cim.org/fr/environnement/lithium-exploration-ramp-up-fr/

Avalon not on the list of Ontarios critical minerals mining funds recipients named yesterday.

Avalon Appoints Zeeshan Syed as New President
Toronto, Ontario--(Newsfile Corp. - March 1, 2023)
https://www.newsfilecorp.com/release/156621/Avalon-Appoints-Zeeshan-Syed-as-New-Preside

Avalon appoints Zeeshan Syed as New President. Don Bubar to leave at the end of 2023. This is a step in the right direction. Thank you Don for your service.

Shareholder meeting tomorrow, Thursday on Zoom. Available on Avalon website to register and listen live.

My biggest concern at this point is whether Avalon can execute on the purchase of the Thunder Bay site. It’s been going on for over 6 months. And Don has been continuously lying about when it would close, and saying at one point he had “found a lender” and would close in 3-4 weeks. His many claims of timeframes for closing that deal have continued to come and go. Will the seller keep waiting for Avalon to come up with the funds to close? Or will they take a backup offer and Avalon gets left out?

Huh ?????

Whatever.

Nevermnind.



Sheesh.

Next Thursday 2/24 , special shareholders meeting. I hope Don is held accountable for all his half truths, and we get some real answers.

Doesn’t appear to be correct again!! Spider

Really beginning to wonder He said in August , the Thunder Bay site deal would close by Sept 30. As of January 15th, he replied to me personally through IR email address that they had finally got a lender to fund the deal. Now, if I heard right, he says he needs financing to close on the site. Let alone that he has stated The cost to build said processing plant is 600-900 million $. Maybe a sale of the whole bundle of sites is the best route forward.

Don is live right now.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171210618

he-he - I wonder if it is (and it appears as tho it IS), the same Avalon which I lost a shirt on about a decade ago.

Here’s a preview based on Dons comments of the past 6 months, as well as an email reply I got from him 30 days ago:

We expect Thunder Bay land purchase to close in the next few weeks. The vendor has been dealing with some environmental issues, and we now have financing in place.

We are optimistic we will find a new investment partner on our Lithium processing plant, even though we previously said Essar from India, and others were on board only to have them walk.

We have lots of interest from potential take away customers, including the major glass manufacturer we have been touting for over a year.

We continue to build a road to our resources site.

We hope to get a processor for the sample rocks we put in storage 2 years ago.

“Stay tuned”.

Live tomorrow, hit notification and YouTube will let you know when it starts.

1 waiting Scheduled for Feb 15, 2023
Live stream the Avalon Advanced Materials Inc. (OTCQB: AVLNF | TSX: AVL) presentation from the February 14-16, 2023 CleanTech & Precious Metals Virtual Investor Conference.

To join the event and view more presentations, please visit: https://bit.ly/3YzeJDR

Interesting interview last night (Monday in Asia), on Bloomberg with LG chem CEO
On securing future supply chain for the next quarter century. Said May be willing to invest in producers if it “makes sense”. No direct names mentioned.

Avalon Advanced Materials Inc

https://www.avalonadvancedmaterials.com/

6 Minute CEO - Don Bubar - Global Supply Chain Pivot to Canada

Yes......It doesn't take a rocket scientist to draw lines like these !


What it takes is a little bit under 12 seconds......





Or in other words, a LOT of EFFORT !




Mind you, perhaps not as much effort as bringing on line, a Lithium Processing Plant








.

Don Bubar will be presenting at another Investor conference next week. Hopefully we get some meaningful news.

A few changes happend.

Donald Bubar, President and CEO of mineral development company Avalon Advanced Materials, discusses the latest progress made at its Separation Rapids Lithium Project in Ontario.

Securing investment
The next key step has been to secure a strategic investment partner willing to support the acquisition of an industrial site in Thunder Bay, Ontario, and contribute at least half of the funding required to establish a lithium hydroxide processing facility in Thunder Bay. It has taken a while to secure the deal with this partner (originally anticipated to be LG Energy Solution), but recently we have attracted some new interest from a major European company eager to support the industrial site acquisition and the construction of the lithium refinery.

Recent activities include starting a deep drilling programme on the Big Whopper pegmatite resource, which remains open to depth below 250m for expansion of the current 11 million tonne near surface resource. The company secured $1.95m in flow-through financing in December to fund the deep drilling programme, which is now in progress. The programme will also include drilling of the new Snowbank lithium pegmatite discovery on the northwest part of the property once the permit has been secured.

https://www.innovationnewsnetwork.com/avalons-separation-rapids-lithium-project-advances-towards-production/29528/

Rickardo Welyhorsky
Vice President, Operations and Chief Operating Officer at Avalon Advanced Materials
https://www.linkedin.com/in/rickardo-welyhorsky-2277187b/details/experience/

Experience
https://www.linkedin.com/in/rickardo-welyhorsky-2277187b/details/experience/

NEWS RELEASE
January 24, 2023 No. 23-01
Avalon Appoints New VP, Operations and Announces Annual and
Special Meeting to be held on February 23, 2023

Toronto, ON – Avalon Advanced Materials Inc. (TSX: AVL and OTCQB: AVLNF) (“Avalon” or the
“Company”) is pleased is pleased to announce that it 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.
Donald Bubar, Avalon’s President and CEO, commented “Mr. Welyhorsky’s extensive experience in
bringing projects into production will be a valuable addition to our management team, as we continue to
progress development of both our Separation Rapids Lithium Project and our proposed lithium refinery in
Thunder Bay.”
Annual and Special Meeting
Avalon is also pleased to announce that it will hold its Annual and Special Meeting of Shareholders (“the
Meeting”) at 10:00 am EST on Thursday, February 23, 2023 in the Cassels Boardroom, at the offices of
Cassels Brock & Blackwell LLP, Suite 2100, Scotia Plaza, 40 King Street West, Toronto, Ontario, M5H
3C2.
As only registered shareholders or their duly appointed proxyholders may attend the Meeting, Avalon will
hold a separate Shareholder Update presentation at 11:00 am EST in the same location. Virtual access
to this event will also be available via Zoom. To register for the Shareholder Update presentation, please
click the following link: http://bit.ly/3WtYR3Z.
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in sustainablyproduced materials for clean technology. The Company now has four advanced stage projects, providing
investors with exposure to lithium, tin and indium, as well as rare earth elements, tantalum, cesium and
zirconium. Avalon is currently focusing on developing its Separation Rapids Lithium Project near Kenora,
Ontario while continuing to advance other projects, including its 100%-owned Lilypad Cesium-Tantalum130 Adelaide St. W., Suite 1901, Toronto, ON

https://www.avalonadvancedmaterials.com/_resources/news/nr-20230124.pdf

Special meeting for shareholders in 3 weeks. Time for Don Bubar to back up some of his claims with some real news.

I do have a position...like this company

futr

I have read this before. This company sounds fimilar.

futrcash do you have a position? I would have to believe a permit should be easy to get
EDITED: 24-minute mark he talks about access to the area.

Ceo was not well-prepared for this interview with his introduction and paperwork...

Looking for Thunder Bay site to close this month.

Looking for Thunder Bay site to close this month.

Great article-

https://www.northernontariobusiness.com/industry-news/mining/legacy-mine-tailings-present-mineral-recovery-opportunity-for-junior-miner-3435499

futr

Watched presentation by CEO today. Exellent presentation with meat on the bones.
This is a very solid advanced company with many projects very far along in the mining of metals. Seriously undervalued stock and 400 million O/S.

$AVLNF $AVL Live on the Emerging Growth Confernce 30 min.

The registration link is here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168383049

Remember this article from last year about Avalon picking up 4 industrial minerals properties in Northern Ontario, including a former phosphate mine near Kapuskasing and a processing plant in Matheson? https://www.northernontariobusiness.com/industry-news/mining/legacy-mine-tailings-present-mineral-recovery-opportunity-for-junior-miner-3435499
I love the part where Bubar says "There's no supply outside of China and Russia"
and here we are today......The Perfect Storm.

Also mentioned about the 1 of the properties is that the Cargill open-pit mine opened around 2000 and shuttered in 2013 had at least 12 million tonnes of tailings left behind containing levels of 15-20% P205 (phosphorous pentoxide) and, according to Avalon in a news release, can be sold “as is” for use in various AGRICULTURAL FERTILIZER PRODUCTS!!!

$AVLNF $AVL Live on the Emerging Growth Conference Tomorrow

View from anywhere
The registration link is here:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=168366172

Howdy
What's going on here?

I can't hear crickets from the other side of the 10 year chart!

crickets...

logical and smart indeed; thank you. I kept "wanting" to look that up.

Logic for RS/FS

This is a smart tactic some companies use. It serves two purposes.

1. Eliminates all small share lot holders. Ie if you held 499 shares, you are now no longer a holder on the initial RS.
2. Manages to cancel shares off the share structure. All the sub 499 share holders lose their shares and they are eliminated from the share count.


upon the FS, those with strong initial holdings, are again made whole.
So 500 shs ->1 Sh [RS] ->500 shs [FS]
https://www.finweb.com/investing/the-reasoning-behind-the-reverseforward-stock-split.html




vinvinder Saturday, 03/13/21 09:47:30 PM

Why? This Doesn't make sense to me.

Why? This Doesn't make sense to me.

AVLNF: one for 500 reverse split followed by a 500 for one forward split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes