Avalon Announces the Results of its 2025 Annual and Special Meeting of Shareholders
Avalon Announces the Results of its 2025
Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - February 28, 2025) -
Avalon Advanced Materials Inc.
(TSX: AVL)
(OTCQB: AVLNF) ("Avalon" or the "Company"), announces the results of its 2025 Annual and Special
Meeting of Shareholders held in Toronto, Ontario on February 27, 2025 (the "Meeting").
At the Meeting,
all seven director nominees listed in the Company's information circular dated January 14, 2025 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:
Against:
169,192,233
6,377,023
96.368%
3.632%
Timothy Haig
For:
Against:
170,297,407
5,271,849
96.997%
3.003%
Flavio Hees
For:
Against:
169,576,015
5,993,241
96.586%
3.414%
Naomi Johnson
For:
Against:
169,160,074
6,409,183
96.349%
3.651%
Alec Kodatsky
For:
Against:
169,217,718
6,351,538
96.382%
3.618%
Scott Monteith
For:
Against:
168,379,929
7,189,327
95.905%
4.095%
Harvey L. A. Yesno
For:
Against:
169,557,071
6,012,185
96.576%
3.424%
At the Meeting, shareholders also re-appointed Ernst & Young LLP as auditors of the Company and
disinterested shareholders approved the issuance of common shares of the Company to SCR-Sibelco
NV upon conversion of the amended and restated convertible debenture dated November 18, 2024, in
accordance with its terms.
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is an emerging Canadian manufacturing company focused on vertically
integrating the Ontario lithium supply chain, by developing the Lake Superior Lithium Facility, Ontario's
first midstream lithium hydroxide processing facility in Thunder Bay, Ontario, a strategic link in bridging
the lithium resources of northern Ontario with the downstream EV battery manufacturing base in southern
Ontario and North America. 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
lithium focused Snowbank and Lilypad Projects. Avalon is also advancing 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.
For questions or feedback, please email the Company at
or contact Ms.
Rachel Naji, Investor Relations Manager at 416-364-4938.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/242895