Avalon Appoints Ms. Patricia Mohr to its Board of Directors
08 April 2017 - 12:35AM
Avalon Advanced Materials Inc. (TSX:AVL)
(OTCQX:AVLNF) (“Avalon” or the “Company”) is pleased to
announce the appointment of Ms. Patricia Mohr to the Company’s
Board of Directors.
Ms. Mohr is the former Vice President, Economics
and Commodity Market Specialist at Scotiabank’s Executive Offices
in Toronto, before retiring in 2016 after 31 years with the bank.
At Scotiabank, Ms. Mohr worked closely with Corporate and
Investment Banking, including the Mining team, with Wealth
Management and Global Risk Management. Ms. Mohr prepared the metal
and oil and gas price forecasts for all credit evaluations at
Scotiabank. During this time, Ms. Mohr developed the Scotiabank
Commodity Price Index: the first Index designed to measure price
trends for Canadian commodities in export markets.
Avalon’s President and CEO, Don Bubar, noted,
“Ms. Mohr brings extensive knowledge of national and international
economic, financial and commodity market developments to the
Company’s Board of Directors. Ms. Mohr also shares an interest in
lithium and other specialty metals and materials, and I believe she
will be a great asset in advancing both Avalon’s Separation Rapids
Lithium and East Kemptville Tin-Indium projects. We are delighted
to have Ms. Mohr accept our invitation to join Avalon’s Board of
Directors.”
Prior to joining Scotiabank, Ms. Mohr spent a
number of years with Alberta Energy Co. Ltd. (now EnCana Corp.) in
Calgary and with CP Ships and Canadian Pacific Bermuda in London as
Corporate Economist. She holds an Honours B.A. Degree and an M.A.
Degree in Economics from The University of British Columbia. Ms.
Mohr began her career as a mineral economist with Energy, Mines and
Resources (now Natural Resources Canada) in Ottawa.
Ms. Mohr is also currently a Director of
Emissions Reduction Alberta (“ERA”): an organization channelling
public funds into leading-edge R&D for greenhouse gas
mitigation. Ms. Mohr is a Director of the Centre for Research &
Innovation in the Bio-Economy, established by the Ontario
Government to fund and commercialize forest-based biotechnology.
She has also recently joined the Board of the Greater Vancouver
Board of Trade, on the Policy Council.
Ms. Mohr commented, “I am pleased to accept
Avalon’s invitation to serve on its Board of Directors. I share the
Company’s vision for sustainable development that maximizes
opportunities for business and community prosperity. I look forward
to working with Avalon’s Board and management team in achieving the
Company’s aspirations in the specialty metals and minerals
business.”
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.
For questions and feedback, please e-mail the
Company at ir@AvalonAM.com, or phone Don Bubar, President & CEO
at 416-364-4938.
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, the statement that Ms. Mohr will be a great asset
in advancing both Avalon’s Separation Rapids Lithium and East
Kemptville Tin-Indium projects. 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.
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