Battery Metals

Avalon Advanced Materials Inc. to Present at The Emerging Growth Conference on December 14, 2022

Avalon Advanced Materials Inc. to Present at The Emerging Growth Conference on December 14, 2022

Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to invite individual and institutional investors as well as advisors and analysts, to attend its real-time, interactive presentation at the Emerging Growth Conference on Wednesday morning.

Avalon is based in Toronto, Ontario and trades on the TSX under the symbol AVL and on the OTCQB under the symbol AVLNF. Avalon is a leader in Canada in sustainably developing new critical minerals supply chains including lithium and rare earths through the application of innovative new extraction technologies with a low carbon footprint. The Company is pleased to announce that it has been invited to present at the Emerging Growth Conference on December 14, 2022 at 10:15 AM Eastern Time for 30 minutes where Mr. Bubar will provide an update on recent developments and future plans for the Separation Rapids Lithium Project.

The December 14 Emerging Growth Conference will be a live, interactive online event that will give existing shareholders and the investment community the opportunity to interact with the Company's President & CEO, Donald S. Bubar, M.Sc., P.Geo. in real time.

Mr. Bubar will do a presentation and subsequently open the floor for questions. Please ask your questions during the event and Mr. Bubar will do his best to get through as many of them as possible and can respond to other questions via email to: ir@avalonAM.com.

Please register here to ensure you are able to attend the conference and receive any updates that are released. https://goto.webcasts.com/starthere.jsp?ei=1575089&tp_key=87f188a302&sti=avlnf.

If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com and Avalon will also release a link to that after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services and other major announcements to the investment community from the convenience of their office, in a time efficient manner. The Conference focus and coverage includes companies in a wide range of growth sectors, with strong management teams, innovative products & services, focused strategy, execution, and the overall potential for long term growth. Its audience includes potentially tens of thousands of Individual and Institutional investors, as well as Investment advisors and analysts. All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

For questions and feedback, please e-mail Avalon President and CEO, Donald Bubar, at ir@AvalonAM.com.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/147678

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Highlights

  • Infinity Stone expands its land position to over 5,546 hectares, as well as a pending application for two additional claims in James Bay Lithium District adjacent to and near Patriot Battery Metals Corvette discovery.
  • Further exploration and project expansion is being conducted in the context of the new discovery and significant drilling results from PMET and Winsome in the Corvette Lithium Trend in James Bay, QC.

Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF) (FSE: B2I) (the "Company" or "Infinity Stone"), is pleased to announce that it has acquired and staked an additional 359 hectares, as well as a pending application for two additional claims (the "New Claims") on its Camaro Hellcat Lithium Project (the "Camaro Hellcat Project"), with claim blocks adjacent to Patriot Battery Metals' ("PMET" or "Patriot") Corvette Project in the James Bay Region of Quebec, bringing its total land position to 5,546 hectares in addition to the currently pending cells. The New Claims include historical surface samples returning 57ppm Li, sampled and assayed in 2016, and a 30ppm Li sample in 1997 (the "Historic Samples").1 The Historic Samples were found to the west of Winsome Resources Cancet Project and PMET's Corvette Lithium Project, north of the Taiga Highway. There are at least 4 historical mapped pegmatites on the New Claims, and the Company intends to conduct further exploration to identify any other potential pegmatites that may be found on the New Claims.

The New Claims are also located near Winsome Resources Ltd.'s ("Winsome") Cancet discovery drill hole (the "Cancet Property"). Winsome's best results at Cancet have included 1 metre at 5.65% Li2O from 36.5 metres and six metres at 1.95% Li2O from 36.45 metres.2 Furthermore, the New Claims are adjacent to a number of claims currently held by Jody Dahrouge, President and Owner of Daroughe Geological Consulting Ltd., a consultant and contractor to PMET. PMET has recently announced that it had drilled 52.2 metres of 3.34% LI2O, including 15.0 metres of 5.10% LI2O.

Infinity Stone intends to conduct a focused exploration program on the Hellcat claim block, alongside an initial prospecting program on the New Claims, in the early spring and will leverage the results of the Winter Geophysics Program announced on January 19, 2023 in targeting sampling and trenching. The Survey will further enable the mapping and delineation of the pegmatitic units across the claim blocks.

"We are excited to further expand the Hellcat Camaro Project in James Bay near Patriot's Corvette discovery. As the spring exploration season rapidly approaches, we are renewing our focus on the project and are actively evaluating new claim blocks that are adjacent and near the current project footprint," said Zayn Kalyan, CEO of Infinity Stone. "The James Bay region, specifically the CV lithium trend discovered by PMET, is quickly becoming the epicentre of lithium exploration in North America and we are excited to have a prospective land package in the region. We are looking forward to being able to get back on the ground with more data following our geophysics program to conduct a renewed and focused exploration program," furthered Mr. Kalyan.

Terms of Acquisition

Pursuant to the acquisition of 100% interest in 154 hectares of the New Claims, the Company has agreed to (i) paying $6,000 in cash and issuing 200,000 subordinate voting shares ("Shares") of the Company to the claim vendor Donovan Explorations Ltd.

About the Hellcat Camaro Lithium Project

The 5,546-hectare Hellcat Camaro Lithium Project is located adjacent to Patriot Battery Metals' Corvette Property, in the James Bay Region of Quebec, approximately 235 kilometres east of Radisson, Quebec and 245 kilometres northeast of the Cree village municipality of Nemaska. The Project has four property blocks, the Taiga, Hellcat, and Camaro, collectively covering 3,850 hectares adjacent to Patriot Battery Metals' Corvette Lithium discovery in the James Bay Region of Quebec. PMET has recently returned significant high-grade results at the Corvette Lithium Project, including 156.9 m at 2.12% Li2O (176.4 m to 333.4 m), including 25.0 m at 5.04% Li2O (CV22-083).1

Qualified Person

Technical information in this news release has been reviewed and approved by Case Lewis, P.Geo., a "Qualified Person" as defined under NI 43-101 Standards of Disclosure for Mineral Projects and a director of the Company.

About Infinity Stone Ventures

Infinity Stone's mission is to be a diversified, single source supplier for the critical energy metals being used in the clean energy revolution alongside its established SaaS solution portfolio. Infinity Stone is meeting the demand from battery and wind turbine manufacturers, nuclear and hydrogen energy producers, and energy metals speculators by acquiring 100% interest in critical mineral deposits and occurrences in stable mining-friendly jurisdictions, close to final use destinations in North American manufacturing hubs.

To register for investor updates please visit https://infinitystone.ventures.

INVESTOR PRESENTATION

Connect with Infinity Stone

Email | Website | Facebook | LinkedIn | Twitter | Instagram |

Infinity Stone Contact
Zayn Kalyan
CEO and Director
Direct: 778-938-3367
zayn@altuscapital.ca

The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.

Forward-Looking Statements Disclaimer

This press release contains "forward-looking information" within the meaning of applicable securities laws. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "projects", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements. Although forward-looking statements contained in this press release are based upon what management of Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The forward-looking statements may also be affected by risks and uncertainties in the business of the Company, including those described in the Company's public filings available on www.SEDAR.com. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements.

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