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15/12/2011

Avalon Rare Metals CEO says feasibility study on target for late 2012

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Additional Information
Market: TSX
Sector: General Mining - Rare Earth Minerals
EPIC: AVL
Latest Price: C$1.50  (-2.29% Descending)
52-week High: C$7.56
52-week Low: C$1.43
Market Cap: C$154.78M
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Avalon Rare Metals
www.avalonraremetals.com

Avalon Rare Metals Inc. (TSX & NYSE Amex: AVL) is a mineral exploration and development company focused on rare metals deposits in Canada. Its flagship project, the 100%-owned Nechalacho Deposit, Thor Lake, NWT, is emerging as one of the largest undeveloped rare earth elements resources in the world. Its exceptional enrichment in the more valuable 'heavy' rare earth elements, which are key to enabling advances in green energy technology and other growing high-tech applications, is one of the few potential sources of these critical elements outside of China, currently the source of 95% of world supply. Avalon is well funded, has no debt and its work programs are progressing steadily. Social responsibility and environmental stewardship are corporate cornerstones. Avalon's performance on community engagement in the north earned it the 2010 PDAC Environmental and Social Responsibility Award.

 

Full Avalon Rare Metals profile here
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Avalon Rare Metals to list on the NYSE Amex on Wednesday

22nd Dec 2010, 11:48 am

Canada-based Avalon Rare Metals (TSX: AVL)(OTCQX: AVARF) said Tuesday that its common shares have been authorized to list on the New York Amex Exchange (NYSE Amex) under the ticker symbol "AVL".

The shares will begin trading on the NYSE Amex on Wednesday, December 22, 2010. Meanwhile, the company will also retain its primary listing on the Toronto Stock Exchange.

"Listing our shares on the NYSE Amex represents another significant milestone in the growth of the Company. We believe that this listing will provide better liquidity for our US investors and broaden our exposure to institutional investors both in the US and around the world," said president and CEO Don Bubar.

Avalon's flagship project is the 100%-owned Nechalacho Deposit in Thor Lake, NWT. Its  enrichment in the more valuable 'heavy' rare earth elements is key to enabling advances in green energy technology and other high-tech applications.

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