Avalon Advanced Materials Inc. announced the retirement of its long-standing CEO, Don Bubar. Don will continue to serve on Avalon's Board of Directors. Scott Monteith, who was appointed to Avalon's Board of Directors in May 2023, will assume the role of Interim CEO.Mr. Monteith is an experienced clean tech executive, entrepreneur and business owner with a successful track record of moving inventions from concept to commercial success.

Currently, he holds the position of Chair of Monteco Ltd., Cable House Capital Ltd. and Imtex Membranes Corporation. Mr. Monteith has extensive experience in the areas of chemical manufacturing, international businesses, M&A, government affairs and strategic planning. Don Bubar has been leading Avalon for more than 25 years, initially steering the Company towards its focus on critical minerals, and subsequently pioneering ESG and sustainability reporting within the junior mining sector.

During his time at Avalon, Don grew the Company's flagship Separation Rapids Lithium Project from exploration to development stage, positioning the project for the upcoming demand in lithium, driven by the shift to electrification.