Avalon Releases Annual Sustainability Report
01 December 2016 - 9:03AM
Avalon Advanced Materials Inc. (TSX:AVL)
(OTCQX:AVLNF) (“Avalon” or the “Company”) is pleased to announce
the release of its fifth comprehensive Sustainability Report
entitled Minerals for Transitioning Economies (the "2016
Sustainability Report") along with the release of its 2016 annual
filings. The 2016 Sustainability Report is available from the
Company's website
at http://www.avalonadvancedmaterials.com/sustainability/2016_sustainability_report.
The 2016 Sustainability Report was prepared in
accordance with the Global Reporting Initiative ("GRI") Version 4
guidelines for core reporting. In accordance with GRI, Avalon
conducted a detailed materiality assessment review, identifying the
topics that have the highest priority to the Company and its
Communities of Interest. This review was aided by feedback received
though Avalon’s various engagement efforts, previous Avalon
sustainability reports and Avalon’s risk assessments.
The 2016 Sustainability Report focuses on the
social, environmental and economic issues that are most material to
the Company. It also incorporates a self-assessment of Avalon’s
2016 fiscal year performance and sets targets for 2017 against the
applicable Toward Sustainable Mining indicators defined
by the Mining Association of Canada.
Don Bubar, President and CEO comments, "Avalon
pursues sustainability in all areas of our business and actively
promotes improved mineral industry practice with investors,
potential partners and government. I remain convinced that
sustainability adds value to our business. Avalon is unwavering in
our commitment to provide leadership in the junior resource sector
toward a more sustainable future in the Canadian mineral
industry.”
The Company has also completed the filings of
its Consolidated Financial Statements, Management's Discussion and
Analysis, and Annual Information Form with Canadian security
regulators, as well as its Annual Report on Form 20-F with the U.S.
Securities and Exchange Commission for its fiscal year ended August
31, 2016. Copies of these filings are available on the Company’s
website at
http://www.avalonadvancedmaterials.com/investors/regulatory_filings/,
through SEDAR at http://www.sedar.com or through EDGAR at
http://www.sec.gov.
Shareholders may request a printed copy of the
Consolidated Financial Statements and/or the 2016 Sustainability
Report by email to ir@AvalonAM.com or by regular mail to Investor
Relations, Avalon Advanced Materials Inc., 130 Adelaide Street
West, Suite 1901, Toronto, ON M5H 3P5.
For questions and feedback, please e-mail the
Company at ir@AvalonAM.com, or phone Don Bubar, President & CEO
at 416-364-4938.
About Avalon Advanced Materials Inc. Avalon
Advanced Materials Inc. is a Canadian mineral development company
specializing in niche market metals and minerals with growing
demand in new technology. The Company has three advanced stage
projects, all 100%-owned, providing investors with exposure to
lithium, tin and indium, as well as rare earth elements, tantalum,
niobium, and zirconium. Avalon is currently focusing on its
Separation Rapids Lithium Project, Kenora, ON and its East
Kemptville Tin-Indium Project, Yarmouth, NS. Social responsibility
and environmental stewardship are corporate cornerstones.
This news release contains “forward-looking
statements” within the meaning of the United States Private
Securities Litigation Reform Act of 1995 and applicable Canadian
securities legislation. Forward-looking statements include, but are
not limited to, statements related to the social, environmental and
economic issues that are most material to the Company, the
Company’s targets for 2017 against the applicable Toward
Sustainable Mining indicators, that Avalon pursues sustainability
in all areas of its business and actively promotes improved
mineral industry practice and that Avalon is committed to provide
leadership in the junior resource sector toward a more sustainable
future in the Canadian mineral industry. Generally, these
forward-looking statements can be identified by the use of
forward-looking terminology such as “potential”, “scheduled”,
“anticipates”, “continues”, “expects” or “does not expect”, “is
expected”, “scheduled”, “targeted”, “planned”, or “believes”, or
variations of such words and phrases or state that certain actions,
events or results “may”, “could”, “would”, “might” or “will be” or
“will not be” taken, reached or result, “will occur” or “be
achieved”. Forward-looking statements are subject to known and
unknown risks, uncertainties and other factors that may cause the
actual results, level of activity, performance or achievements of
Avalon to be materially different from those expressed or implied
by such forward-looking statements. Forward-looking statements are
based on assumptions management believes to be reasonable at the
time such statements are made. Although Avalon has attempted to
identify important factors that could cause actual results to
differ materially from those contained in forward-looking
statements, there may be other factors that cause results not to be
as anticipated, estimated or intended. Factors that may cause
actual results to differ materially from expected results described
in forward-looking statements include, but are not limited to
market conditions, and the possibility of cost overruns or
unanticipated costs and expenses as well as those risk factors set
out in the Company’s current Annual Information Form, Management’s
Discussion and Analysis and other disclosure documents available
under the Company’s profile at www.SEDAR.com. There can be no
assurance that such statements will prove to be accurate, as actual
results and future events could differ materially from those
anticipated in such statements. Such forward-looking statements
have been provided for the purpose of assisting investors in
understanding the Company’s plans and objectives and may not be
appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking statements. Avalon does not
undertake to update any forward-looking statements that are
contained herein, except in accordance with applicable securities
laws.
130 Adelaide St. W., Suite 1901, Toronto, ON M5H 3P5
Tel: (416) 364-4938 Fax: (416) 364-5162
office@AvalonAM.com
www.AvalonAdvancedMaterials.com
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