Avalon Advanced Materials ( (TSE:AVL) ) has issued an announcement.
Avalon Advanced Materials Inc. announced the results of its 2025 Annual and Special Meeting of Shareholders, where all seven director nominees were elected. Shareholders also re-appointed Ernst & Young LLP as auditors and approved the issuance of common shares to SCR-Sibelco NV upon conversion of a convertible debenture. This meeting reflects Avalon’s ongoing commitment to its strategic initiatives in the lithium and rare earths sectors, which are crucial for the company’s growth and positioning in the advanced materials industry.
More about Avalon Advanced Materials
Avalon Advanced Materials Inc. is a Canadian manufacturing company focused on integrating the Ontario lithium supply chain. It is developing the Lake Superior Lithium Facility, Ontario’s first midstream lithium hydroxide processing facility, to connect northern Ontario’s lithium resources with the EV battery manufacturing base in southern Ontario and North America. Avalon is also working on the Separation Rapids lithium deposit and advancing the Snowbank and Lilypad Projects, as well as the Nechalacho Rare Earths and Zirconium Project in the Northwest Territories.
YTD Price Performance: -26.67%
Average Trading Volume: 279,106
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $12.51M
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