TORONTO, June 15, 2023 /CNW/ - SCR-Sibelco NV ("Sibelco") announces that it has purchased 109,692,764 common shares ("Avalon Shares") in the capital of Avalon Advanced Materials Inc. ("Avalon") (TSX:AVL, OTCQB: AVLNF) from treasury at a price of approximately C$0.091164 per share for total consideration of C$10,000,000, and a C$3,000,000 principal amount secured convertible debenture (the "Convertible Debenture") of Avalon.
Read more at newswire.caProvided Content: Content provided by Newswire.ca. The Globe and Mail was not involved, and material was not reviewed prior to publication.