7 November 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 4,545,454 flow-through shares at a price of $0.22 per share for gross proceeds of $1,000,000.