29 June 2018
Toronto, Ontario--(Newsfile Corp. - June 29, 2018) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQX: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has completed a non-brokered private placement financing consisting of 150 Series C1 Preferred Shares (the "Preferred Shares") on a private placement basis at a price of $5,000 per Preferred Share for gross proceeds of $750,000 with an entity managed by The Lind Partners ("Lind"), a New York based asset management firm (the "Agreement").