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AVL.TO ·

Avalon Announces the Results of Its 2024 Annual and Special Meeting of Shareholders

Shareholder Meetings

Avalon Announces the Results of Its 2024

Annual and Special Meeting of Shareholders

Toronto, Ontario--(Newsfile Corp. - February 28, 2024) -

Avalon Advanced Materials Inc.

(TSX: AVL)

(OTCQB: AVLNF) ("Avalon" or the "Company") announces the results of its 2024 Annual and Special

Meeting of Shareholders held in Toronto, Ontario on February 27, 2024 (the "Meeting").

At the Meeting,

all eight director nominees listed in the Company's information circular dated January 9, 2024 were

elected as directors of the Company. The detailed results of the vote are as follows:

Director

Number of Votes Cast

Percentage of Votes Cast

Alan Ferry

For:

168,362,630

97.450%

Against:

4,405,715

2.550 %

Timothy Haig

For:

168,777,567

97.690%

Against:

3,990,778

2.310%

Jan Holland

For:

168,669,939

97.628%

Against:

4,098,406

2.372%

Naomi Johnson

For:

166,923,113

96.617%

Against:

5,845,232

3.383%

Alec Kodatsky

For:

168,639,607

97.610%

Against:

4,128,738

2.390%

Benny Loix

For:

168,588,301

97.581%

Against:

4,180,044

2.419%

Scott Monteith

For:

168,688,470

97.639%

Against:

4,079,875

2.361%

Harvey L. A. Yesno

For:

168,494,329

97.526%

Against:

4,274,016

2.474%

At the Meeting, shareholders also re-appointed Ernst & Young LLP as auditors of the Company and

approved an amendment to the Company's Deferred Share Unit Plan.

About Avalon Advanced Materials Inc.

Avalon Advanced Materials Inc. is a Canadian advanced manufacturing company focused on vertically

integrating the Ontario lithium supply chain. The Company, through its joint venture with SCR-Sibelco NV,

is currently developing its Separation Rapids lithium deposit near Kenora, ON, while also continuing to

advance the Snowbank lithium and Lilypad lithium-caesium projects. Avalon is also working to develop

its Nechalacho rare earths and zirconium project located in the Northwest Territories. This deposit

contains critical minerals for use in advanced technologies in the communications and defense

industries among other sectors.

In addition to these upstream activities, Avalon is executing on a key initiative to develop Ontario's first

midstream lithium hydroxide processing facility in Thunder Bay, ON, a vital link bridging the lithium

resources of the north with the downstream EV battery manufacturing base in the south.

For more information and media inquiries, contact Zeeshan Syed, President, Avalon Advanced

Materials Inc., at 416-364-4938 or

[email protected]

.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/199749