Avalon Advanced Materials Included in Sprott Rare Earths Ex-China ETF (REXC)
Avalon Advanced Materials Included in Sprott
Rare Earths Ex-China ETF (REXC)
Toronto, Ontario--(Newsfile Corp. - April 21, 2026) -
Avalon Advanced Materials Inc.
(TSX: AVL)
(OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has been added to the
holdings of the newly launched Sprott Rare Earths Ex-China ETF (REXC), managed by Sprott Asset
Management.
The Sprott Rare Earths Ex-China ETF is designed to provide investors with exposure to companies
operating across the rare earths supply chain outside of China, by investing at least 80% of its total
assets in securities of the Nasdaq Sprott Rare Earths Ex-China™ Index (NSREXC™). The Index is
designed to track the performance of global companies engaged in the mining, separation, refining, and
processing of rare earth elements, while excluding companies domiciled in or primarily operating in
China.
Inclusion in the ETF is subject to ongoing eligibility criteria, periodic rebalancing, and other changes
determined by the applicable methodology, and there can be no assurance that the Company will remain
a constituent.
The launch of Sprott Rare Earths Ex-China ETF reflects growing investor interest in companies
positioned to support the development of rare earth supply chains outside China, as governments
increasingly prioritize supply chain resilience and national security.
Rare earth elements are essential inputs for a wide range of strategic applications, including electric
vehicles, wind turbines, advanced electronics, and defense systems, while much of the world's
processing capacity remains concentrated in China. Within the sector, economic value is highly
concentrated in a few select magnet rare earth elements-particularly neodymium (Nd), praseodymium
(Pr), dysprosium (Dy), and terbium (Tb)-which are used in high-performance permanent magnets.
Avalon's Nechalacho rare earth elements project, located in the Northwest Territories, has significant
exposure to these magnet rare earth elements, positioning the Company toward the most economically
important segment of the rare earth market while supporting the development of a more secure North
American supply chain.
"We are pleased to be included in REXC at a time when investors and policymakers are increasingly
focused on building resilient rare earth supply chains outside China," said Scott Monteith. "We believe
Avalon's Nechalacho project offers long-term exposure to strategically important rare earth elements
directly aligned with the materials that underpin electrification, advanced manufacturing, and long-term
supply chain security."
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian critical minerals company focused on advancing lithium
and rare earth elements—two of the fastest-growing segments of the global energy transition. The
Company is developing strategic assets to participate in high-growth markets and support the build-out
of secure North American supply chains. Avalon is advancing the Nechalacho Rare Earth Elements and
Zirconium Project in the Northwest Territories, which contains all light and heavy rare earth elements, as
well as yttrium, zirconium, tantalum, and niobium—critical minerals used in advanced technologies
across the communications, defense, advanced technologies, and energy sectors. The Company is also
focused on vertically integrating the Ontario lithium supply chain through the development of Lake
Superior Lithium Inc., Ontario's first midstream lithium hydroxide processing facility, located in Thunder
Bay. This facility is expected to serve as a cornerstone of North America's integrated battery materials
supply chain, transforming northern Ontario lithium into essential inputs for transportation, grid storage,
and advanced manufacturing.
For further information regarding Avalon Advanced Materials Inc., please visit
www.avalonadvancedmaterials.com
, or call 416-364-4938.
Cautionary Statement Regarding Forward-Looking Information
This news release contains "forward-looking information" within the meaning of applicable Canadian
securities legislation. Generally, forward-looking information can be identified by the use of forward-
looking terminology such as "add" or "additional", "advancing", "anticipates" or "does not anticipate",
"appears", "believes", "can be", "conceptual", "confidence", "continue", "convert" or "conversion",
"deliver", "demonstrating", "estimates", "encouraging", "expand" or "expanding" or "expansion",
"expect" or "expectations", "forecasts", "forward", "goal", "improves", "increase", "intends",
"justification", "plans", "potential" or "potentially", "promise", "prospective", "prioritize", "reflects",
"robust", "scheduled", "suggesting", "support", "top-tier", "updating", "upside", "will be" or "will
consider", "work towards", 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".
Forward-looking information is subject to known and unknown risks, uncertainties and other factors
that may cause the actual results, level of activity, performance or achievements of the Company to
be materially different from those expressed or implied by such forward-looking information, including
those risk factors discussed or referred to in the annual information form of the Company dated
November 26, 2025 (the "AIF") under the heading "Description of the Business - Risk Factors".
Forward-looking information is based on the reasonable assumptions, estimates, analysis and
opinions of management made in light of its experience and perception of trends, current conditions
and expected developments, as well as other factors that management believes to be relevant and
reasonable in the circumstances at the date that such statements are made, but which may prove to
be incorrect. Although the Company believes that the assumptions and expectations reflected in such
forward-looking information are reasonable, undue reliance should not be placed on forward-looking
information because the Company can give no assurance that such expectations will prove to be
correct. Although the Company has attempted to identify important factors that could cause actual
results to differ materially from those contained in forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated or intended. There can be no assurance
that such information will prove to be accurate, as actual results and future events could differ
materially from those anticipated in such information. Accordingly, readers should not place undue
reliance on forward-looking information. The Company does not undertake to update any forward-
looking information, except in accordance with applicable securities laws.
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