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Avalon Completes Non-Brokered Private Placement for Gross Proceeds of $1 Million
Nov. 07, 2016 02:21PM PST
Resource Investing News 
Toronto, ON – Avalon Advanced Materials Inc. (TSX:AVL,OTCQX:AVLNF) 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.
Toronto, ON – Avalon Advanced Materials Inc. (TSX:AVL,OTCQX:AVLNF) 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.
The proceeds from this offering will be used primarily to advance exploration work, including drilling, on the Company’s Separation Rapids Lithium Project.
Read the full press release.
Connect with Avalon Advanced Materials Inc. (TSX:AVL,OTCQX:AVLNF) to receive an Investor Presentation.
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