Avalon Appoints Zeeshan Syed as New President
Avalon Appoints Zeeshan Syed as New
President
Toronto, Ontario--(Newsfile Corp. - March 1, 2023) -
Avalon Advanced Materials Inc.
(TSX: AVL)
(OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the appointment of Mr. Zeeshan
Syed, as the Company's new President, effective March 1, 2023, while Donald Bubar will continue to
serve as CEO until the 2023 calendar year-end.
Mr. Syed has close to 20 years of combined experience in the energy sector in North America providing
executive direction on the development, implementation, and communications of major projects and
initiatives.
He worked for the Government of Canada serving in the Prime Minister's Office from 2001 to
2003 as Executive Advisor to the Director of Communications and prior to that, with the Ministry of
Health, as a policy advisor.
Before joining Avalon in 2019, he held various executive positions within the
Government of Alberta, and in the technology sector, helping start-ups scale their businesses.
Mr. Syed's experience in Government positioned him well to serve as a policy advisor for Avalon and
manage Avalon's government relations work. He earned a Masters degree in Comparative Politics and
Economics from the London School of Economics in 2004 after graduating from the University of Alberta
with a Bachelor's degree in 2000. His versatility and cross-sectoral executive experience continue to
position him well to serve Avalon in multiple areas including; political risk, regulatory affairs, clean
energy, corporate strategy, government relations strategy and investor relations.
Mr. Syed's academic
and professional background provide him with a unique perspective of a world increasingly subject to
change particularly in the energy sector.
Donald Bubar, Avalon's current President and CEO, commented, "Mr. Syed has proven himself to be a
very capable leader who is now highly experienced in the emerging new sector of critical minerals supply
chains, especially lithium battery materials. His energy, insight and performance to date has been
instrumental in our strategic and commercial relations with major international strategic partners. I now
have full confidence in Mr. Syed as he provides the leadership to deliver world-class performance that
maximizes shareholder returns."
Zeeshan Syed commented, "I am excited and energized about the opportunity to lead Avalon into the
next chapter on establishing new critical minerals supply chains especially lithium battery materials.
Avalon has a strong management team and a diversified asset base giving the Company exposure to a
broad range of critical minerals.
With strong new leadership, we will leverage our competitive
advantages to position the Company as a market leader and help our great country become a dominant
player within the rapidly growing critical minerals sector."
About Avalon Advanced Materials Inc.
Avalon Advanced Materials Inc. is a Canadian mineral development company specializing in
sustainably-produced materials for clean technology.
The Company now has four advanced stage
projects, providing investors with exposure to lithium, tin and indium, as well as rare earth elements,
tantalum, cesium and zirconium.
Avalon is currently focusing on developing its Separation Rapids
Lithium Project near Kenora, Ontario while continuing to advance other projects, including its 100%-
owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario.
Social responsibility
and environmental stewardship are corporate cornerstones.
For questions and feedback, please e-mail the Company at
, or phone Don Bubar,
President & CEO, directly at 416-364-4938 ext. 222.
This news release contains "forward-looking statements" within the meaning of the United States
Private Securities Litigation Reform Act of 1995 and applicable Canadian securities legislation.
Forward-looking statements include, but are not limited to, statements that Donald Bubar will continue
to serve as CEO until the 2023 calendar year-end and that Avalon will leverage our competitive
advantages to position the Company as a market leader.
Generally, these forward-looking statements
can be identified by the use of forward-looking terminology such as "potential", "scheduled",
"anticipates", "continues", "expects" or "does not expect", "is expected", "scheduled", "targeted",
"planned", or "believes", or variations of such words and phrases or state that certain actions, events
or results "may", "could", "would", "might" or "will be" or "will not be" taken, reached or result, "will
occur" or "be achieved". Forward-looking statements are subject to known and unknown risks,
uncertainties and other factors that may cause the actual results, level of activity, performance or
achievements of Avalon to be materially different from those expressed or implied by such forward-
looking statements. Forward-looking statements are based on assumptions management believes to
be reasonable at the time such statements are made. Although Avalon has attempted to identify
important factors that could cause actual results to differ materially from those contained in forward-
looking statements, there may be other factors that cause results not to be as anticipated, estimated
or intended. Factors that may cause actual results to differ materially from expected results described
in forward-looking statements include, but are not limited to market conditions, and the possibility of
cost overruns or unanticipated costs and expenses as well as those risk factors set out in the
Company's current Annual Information Form, Management's Discussion and Analysis and other
disclosure documents available under the Company's profile at
www.SEDAR.com
. There can be no
assurance that such statements will prove to be accurate, as actual results and future events could
differ materially from those anticipated in such statements. Such forward-looking statements have
been provided for the purpose of assisting investors in understanding the Company's plans and
objectives and may not be appropriate for other purposes. Accordingly, readers should not place
undue reliance on forward-looking statements. Avalon does not undertake to update any forward-
looking statements that are contained herein, except in accordance with applicable securities laws.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/156621