Avalon Completes Purchase of Industrial Site in Thunder Bay as Key Next Step in Becoming Ontario’s First Vertically Integrated Lithium Producer

TORONTO, June 19, 2023 /PRNewswire/ – As part of its strategic transformation to become a vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX:AVL) and (OTCQB: AVLNF) (“Avalon” or the “Company”) is pleased to announce the successful acquisition of an industrial site in Thunder Bay, Ontario (965 Strathcona Avenue) which has existing road, rail, deep-water port, and utilities services for its planned midstream lithium-hydroxide (LiOH) processing facility.

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