Avalon Completes Non-Brokered Private Placement for Gross Proceeds of $375,000 and Provides Update on Separation Rapids Lithium Project

24 December 2016

December 23, 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 2,500,000 flow-through shares at a price of $0.15 per share for gross proceeds of $375,000.