12:47 PM EST, 11/12/2025 (MT Newswires) -- Avalon Advanced Materials ( AVLNF ) on Wednesday said it concluded its convertible security funding agreement with Lind Global Fund II, LP, having satisfied all obligations due under the agreement.

"Concluding the funding marks another step forward and reflects our commitment to prudent capital management and long-term shareholder value creation," said Chief Executive Officer Scott Monteith. "Avalon continues to transition into a new phase - one focused on strategic partnerships, disciplined execution, and the continued advancement of our rare earth and lithium initiatives."

The company's shares were last seen down $0.005 to $0.06 on the Toronto Stock Exchange.

Price: 0.06, Change: -0.01, Percent Change: -7.69