• Avalon outlined plans to evaluate a potential U.S. exchange listing, targeting broader investor access and improved marketability.
• Board backed a proposed share consolidation to support listing flexibility, noting it would not change ownership except for fractional-share treatment.
• Nechalacho rare earth project: 2013 DFS outlined after-tax NPV (8%) of CAD 1.3 billion, IRR about 20%, capex CAD 1.6 billion.
• Nechalacho update: PEA underway to modernize the DFS using a cleaner process; preliminary bench tests reported over 90% total recovery across 15 rare earths.
• Lake Superior Lithium: 2024 PEA showed after-tax NPV (8%) of CAD 4.1 billion, IRR 48%, capex CAD 1.3 billion; feasibility study underway.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avalon Advanced Materials Inc. published the original content used to generate this news brief on June 05, 2026, and is solely responsible for the information contained therein.