Avalon Files Final Base Shelf Prospectus and US Registration Statement

Avalon Rare Metals Inc. (TSX:AVL,AMEX:AVL) announced the filing of a final base shelf prospectus so it may issue common shares.

The press release is quoted as saying:

Under the Prospectus, the Company may issue common shares, warrants, units and/or subscription receipts, or any combination of such securities, in amounts, at prices and on terms to be determined based on market conditions at the time of sale.

To read the full press release, click here.