29 March 2016
Toronto, ON – Avalon Advanced Materials Inc.(TSX: AVL and OTCQX: AVLNF) (“Avalon” or the “Company”) is pleased to announce that it has completed a non-brokered private placement today consisting of 2,000,000 units at a price of $0.125 per unit and 3,000,000 flow-through units at a price of $0.175 for gross proceeds of $775,000