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Avalon Advanced Materials 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 FerryFor: 
Against:
169,192,233
6,377,023
96.368%
3.632%
Timothy HaigFor:
Against:
170,297,407
5,271,849
96.997%
3.003%
Flavio HeesFor:
Against:
169,576,015
5,993,241
96.586%
3.414%
Naomi JohnsonFor:
Against:
169,160,074
6,409,183
96.349%
3.651%
Alec KodatskyFor:
Against:
169,217,718
6,351,538
96.382%
3.618%
Scott MonteithFor:
Against:
168,379,929
7,189,327
95.905%
4.095%
Harvey L. A. YesnoFor:
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.

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