Avalon Advanced Materials shareholders back 1-for-180 share consolidation
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- Avalon Advanced Materials shareholders backed a 1-for-180 share consolidation; the board authorized implementation.
- The proposal passed with 80.11% support at a June 29, 2026 special meeting.
- Shares outstanding are expected to drop to about 4,640,000 from 835,628,796, subject to fractional-share treatment.
- The move targets a higher trading price to support a potential future U.S. exchange listing and broaden investor access.
- Completion remains subject to final TSX approval and customary processing requirements.
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 via Newsfile (Ref. ID: 202606300730NEWSFILECNPR____20260630_303347_1) on June 30, 2026, and is solely responsible for the information contained therein.
