24 February 2023
February 24, 2023
Toronto, ON – Avalon Advanced Materials Inc. (TSX: AVL and OTCQB: AVLNF) (“Avalon” or the “Company”) announces the results of its 2023 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 23, 2023 (the “Meeting”). At the Meeting, all six director nominees listed in the Company’s information circular dated January 10, 2023 were elected as directors of the Company.
The detailed results of the vote are as follows:
(See release)
At the Meeting, shareholders also re-appointed Ernst & Young LLP as auditors of the Company, approved the unallocated options, rights or other entitlements under the Company’s stock option plan and restricted share unit (“RSU”) plan and approved an amendment to the Company’s By-Law No. 1 to reduce the quorum requirement for a meeting of shareholders from 25% of the issued and outstanding common shares to 20%.