Avalon Completes Non-Brokered Private Placement for Gross Proceeds of $1,950,000
Toronto, ON – Avalon Advanced Materials Inc. (TSX: AVL and OTCQB: AVLNF) (“Avalon” or the “Company”) is pleased to announce that it has completed a non-brokered private placement consisting of 11,470,624 flow-through units at a price of $0.17 per unit for gross proceeds of $1,950,000. Each flow-through unit was comprised of one flow-through common share and one half of one common share purchase warrant, with each whole warrant entitling the holder to acquire one non-flow-through...
read more