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Avalon enters purchase and sale agreement to transfer the Separation Rapids and Lilypad Projects into Joint Venture with Sibelco

Retrieved on: 
Thursday, November 2, 2023

SRL will be a joint venture entity co-owned by Sibelco (60%) and Avalon (40%).

Key Points: 
  • SRL will be a joint venture entity co-owned by Sibelco (60%) and Avalon (40%).
  • Closing of the sale remains subject to a number of conditions, including but not limited to, the execution of a definitive Joint Venture Company Shareholders Agreement (the "JV Agreement") between Avalon, Sibelco and SRL.
  • As agreed between Avalon and Sibelco, Avalon used the amount raised from the additional subscription to fund expenditures on the joint venture properties.
  • "We are very pleased with the dynamic working relationship that exists between Avalon and Sibelco as we continue to advance this exciting joint venture towards completion.

Avalon appoints two new board directors to help accelerate its critical minerals strategy

Retrieved on: 
Monday, September 11, 2023

Alec Kodatsky, Founding Partner, Forthlane Partners, Ltd., and former Brendon-Woods "Top Gun" metals and mining equity analyst and a mining engineer, joins Avalon as a member of its Board of Directors (the "Board").

Key Points: 
  • Alec Kodatsky, Founding Partner, Forthlane Partners, Ltd., and former Brendon-Woods "Top Gun" metals and mining equity analyst and a mining engineer, joins Avalon as a member of its Board of Directors (the "Board").
  • Benny Loix, Vice President – Commercial North America, at SCR Sibelco NV ("Sibelco") joins Avalon as Sibelco's nominee to the Board.
  • "Mr. Kodatsky and Mr. Loix represent significant additions to Avalon's Board of Directors, deepening our expertise and capabilities with respect to executing on the Company's aggressive growth agenda," said Alan Ferry, Lead Director, Avalon.
  • Avalon is also seeking drill permit applications for its Nechalacho rare earths and zirconium project southeast of Yellowknife, Northwest Territories.

Powerhouse Texas Daycare Injury Attorneys at The Button Law Firm Join St. Louis Family's Legal Battle

Retrieved on: 
Wednesday, August 9, 2023

ST. LOUIS , Aug. 9, 2023 /PRNewswire/ -- Daycare injury heavyweights Russell Button and Ashley Washington of The Button Law Firm have joined the legal team representing a St. Louis family that claims Lily Pad Learning Center violated multiple safety laws resulting in a caregiver abusing their 1-year-old daughter. The Texas trial attorneys were enlisted by Finney Injury Law, a trusted personal injury firm based in Missouri that helps victims recover after life-changing incidents.

Key Points: 
  • The Texas trial attorneys were enlisted by Finney Injury Law , a trusted personal injury firm based in Missouri that helps victims recover after life-changing incidents.
  • The Button Law Firm attorneys are recognized on the prestigious Texas Super Lawyers List and are dedicated to fighting for children and their families in meaningful litigation to make local communities safer.
  • The firm represents young victims of daycare injuries, including incidents of abuse, neglect, inappropriate discipline, and overheating in daycare vehicles.
  • Attorneys at The Button Law Firm also aid parents in pursuing wrongful death cases arising from fatal injuries that children experience at irresponsible daycare centers.

Sibelco Acquires Shares of Avalon Advanced Materials Inc.

Retrieved on: 
Thursday, June 15, 2023

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.

Key Points: 
  • 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.
  • Upon completion of the transaction, Sibelco owns 109,692,764 Avalon Shares (the "Purchased Shares"), representing approximately 19.9% of the issued and outstanding Avalon Shares on a non-diluted basis.
  • These additional Avalon Shares, together with the Purchased Shares, would represent approximately 25.0% of the issued and outstanding Avalon Shares on a non-diluted basis (after giving effect to the conversion, and otherwise assuming no further issuances of Avalon Shares prior to such time).
  • Sibelco may from time to time acquire additional Avalon Shares or other securities of Avalon or dispose of some or all of the Avalon Shares or other securities of Avalon that it owns at such time.

St. Louis Dad Sues Daycare Center After Video Captures Worker Abusing 1-Year-Old Girl

Retrieved on: 
Thursday, June 15, 2023

ST. LOUIS, June 15, 2023 /PRNewswire/ -- A St. Louis father is suing Lily Pad Learning Center, claiming the daycare center violated multiple safety laws that resulted in a caregiver abusing his 1-year-old daughter in January 2023. The lawsuit states surveillance video at the facility captured a worker force-feeding the infant to the point of choking and vomiting, slamming her onto a diaper changing table, and demonstrating other abusive treatment for more than 33 minutes. The complaint also claims Lily Pad Learning Center broke state laws by falsifying an incident report about the malicious actions, including the origins of a bruise on the girl's arm.

Key Points: 
  • Jamyil Thomas, the infant's father, continued to question workers at Lily Pad Learning Center about the bruises and scratches on his daughter's body.
  • The lawsuit claims the daycare workers lied about the bruises, pretended his daughter was sick, and gave her "hugs" to soothe her.
  • The suit continues Lily Pad Learning Center had 48 citations from August 2019 to the January 2023 incident involving the infant.
  • The case is Jamyil Thomas, as next friend and father of Winter Thomas, a minor child, vs. Lily Pad Learning Center #2, LLC, d/b/a Lily Pad Learning Center, Case No.

Avalon Announces C$63M Strategic Investment by Sibelco to Create a Vertically Integrated Lithium Strategic Partnership in Ontario

Retrieved on: 
Thursday, June 15, 2023

This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.

Key Points: 
  • This new joint venture is expected to accelerate Avalon's core business objective of building a mid-stream lithium-hydroxide processing facility in Ontario.
  • "This strategic partnership represents a significant step forward in scaling our business towards full vertical integration of our lithium production," said Scott Monteith, Chief Executive of Avalon.
  • "Sibelco's investment is a major vote of confidence in our vision, resources and capabilities by a respected and established international operator—and now partner."
  • "Our partnership with Avalon will focus both on the clean energy growth agenda and the technical glass and ceramics markets in which Sibelco has deep and time-tested expertise" Hilmar Rode, Sibelco Chief Executive Officer, said.

Fintech Dives Deeper into Alcohol Supplier Sales Strategies with Lilypad 3.0 Release

Retrieved on: 
Thursday, May 11, 2023

Financial Information Technologies, LLC (“Fintech”), is launching a new Lilypad 3.0 iteration for alcohol suppliers across the beer, wine, and spirits markets.

Key Points: 
  • Financial Information Technologies, LLC (“Fintech”), is launching a new Lilypad 3.0 iteration for alcohol suppliers across the beer, wine, and spirits markets.
  • Lilypad is a customer relationship management (CRM) platform developed to help alcohol suppliers sell more liquid.
  • Its 3.0 update features multiple enhancements built with supplier partner input to deliver the most intuitive bev alc sales tool in the industry.
  • “Lilypad is an important part of our long-term solution strategy and vision that connects alcohol suppliers, distributors, and retailers.

LillyPad.ai Launches GuRou! An AI Guided Path to Proficiency for Intermediate English Learners

Retrieved on: 
Tuesday, May 9, 2023

TORONTO, May 9, 2023 /PRNewswire/ -- LillyPad.ai, a leading innovator in the field of English language learning, is thrilled to announce the launch of GuRou. Built on cutting-edge artificial intelligence technology, GuRou offers a unique, personalized, and highly engaging approach to attaining English proficiency.

Key Points: 
  • Built on cutting-edge artificial intelligence technology, GuRou offers a unique, personalized, and highly engaging approach to attaining English proficiency.
  • GuRou, which stands for "Guide Route," provides learners with an immersive and customizable learning experience.
  • LillyPad.ai's GuRou is poised to revolutionize the way people learn English, offering a highly engaging, hyper-personalized, and most recommended approach to English language proficiency.
  • Discover the power of AI-driven English learning, and experience the future of English language education with LillyPad's GuRou.

Filecoin Virtual Machine (FVM) Launches to Revolutionize Decentralized Compute and Unlock the Potential of Open Data Economy

Retrieved on: 
Wednesday, March 15, 2023

PALO ALTO, Calif., March 14, 2023 /PRNewswire/ -- Filecoin Virtual Machine (FVM), an execution environment for smart contracts on the Filecoin network, is now live on the Filecoin mainnet. The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.

Key Points: 
  • The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.
  • FVM's new features will significantly increase the utility and value of the Filecoin network, a unique economy of 3800+ storage provider systems worldwide.
  • FVM will empower builders to create entirely new categories of custom apps, markets, and organizations built around data stored on Filecoin.
  • It's built with Bacalhau's Lilypad, a bridge between on-chain and off-chain compute that lets you run decentralized compute jobs from FVM smart contracts.

Filecoin Virtual Machine (FVM) Launches to Revolutionize Decentralized Compute and Unlock the Potential of Open Data Economy

Retrieved on: 
Tuesday, March 14, 2023

PALO ALTO, Calif., March 14, 2023 /PRNewswire/ -- Filecoin Virtual Machine (FVM), an execution environment for smart contracts on the Filecoin network, is now live on the Filecoin mainnet. The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.

Key Points: 
  • The FVM launch adds smart contracts and user programmability to the Filecoin blockchain, unlocking the enormous potential of an open data economy.
  • FVM's new features will significantly increase the utility and value of the Filecoin network, a unique economy of 3800+ storage provider systems worldwide.
  • FVM will empower builders to create entirely new categories of custom apps, markets, and organizations built around data stored on Filecoin.
  • It's built with Bacalhau's Lilypad, a bridge between on-chain and off-chain compute that lets you run decentralized compute jobs from FVM smart contracts.