Avalon announces closing of brokered life financing of approximately c$18.65 million to advance its rare earth and lithium projects in canada

Toronto, ontario--(newsfile corp. - october 24, 2025) - avalon advanced materials inc. (tsx: avl) (otcqb: avlnf) ("avalon" or the "company") is pleased to announce that it has closed its previously announced brokered private placement under the listed issuer financing exemption (the "offering"). pursuant to the offering the company issued an aggregate of 133,218,180 non-flow-through units of the company ("non-ft units") and an aggregate of 30,769,231 flow-through units of the company ("ft units" and together with the non-ft units, the "units") for aggregate gross proceeds of $18,653,999.83.
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