TMX group

Shares Outstanding: 39,558,598                    SEC 12g3-2(b): 82-4427

TORONTO, Dec. 20 /CNW/ - Avalon Ventures Ltd. TSX-V: AVL (the "Company")
is pleased to announce that it has engaged the services of Proteus Capital
Corp. ("Proteus") of New York, NY, as a Financial Advisor to assist management
in formulating corporate strategy to help grow the Company's profile in
international markets and generally assist the Company in realizing its rare
metals business objectives. In the short term, Proteus will produce an
information memorandum on the Company for distribution to the international
financial community.
The principal of Proteus is Mr. Douglas J. Newby. Mr. Newby has    
twenty-five years of experience in the evaluation and financing of mining
properties around the world (including rare metals such as lithium and
beryllium). Mr. Newby started his career with James Capel & Co. in London,
where he was a top-ranked mining analyst. He subsequently worked with Morgan
Grenfell & Co. in London and New York and S.G. Warburg & Co. in New York,
before forming Proteus in the early 1990's.
Commented President, Don Bubar, "Proteus has a wealth of experience with
emerging mining companies and international expertise in rare metals that can
help the Company identify potential customers and strategic partners
worldwide."
As part of the compensation package, the Company will grant Proteus
200,000 incentive stock options exercisable for two years at a price of $0.48
per share. These options will vest at the rate of 25% every three months
following the date of grant of the options and any shares issuable on exercise
of the options will be subject to a four month hold period beginning on the
date of grant of the options.

Annual Meeting

The Annual General Meeting of shareholders of the Company will be held on
January 24, 2006 at 2:00PM PST at the Vancouver Club, 915 West Hastings St.,
Vancouver, B.C. The change of venue from Toronto to Vancouver this year
provides management with an opportunity to re-connect directly with the
Company's west coast shareholders and take advantage of the fact that many
shareholders will be attending two major mineral industry conferences being
held in Vancouver at that time.
The Company's Annual Report and audited financial statements for the year
ended August 31, 2005 will be mailed later this week to shareholders of record
as at December 15, 2005.

About Avalon Ventures Ltd.

Avalon Ventures Ltd. (TSX-V: AVL) is a Canadian junior mineral
exploration and development company, with a primary focus on industrial
minerals and rare metals with high technology applications. Avalon currently
holds a portfolio of six such projects, including three that are at an
advanced stage of development. To find out more about Avalon Ventures Ltd.
(TSX-V: AVL), visit our website at www.avalonventures.com.
This news release is available on the Company's official on-line investor
relations site for investor commentary, feedback and questions. Investors are
invited to visit http://www.agoracom.com and view the "Avalon Ventures" IR
Hub.

The language used in this News Release may contain forward-looking
statements that may involve a number of risks and uncertainties. Actual events
or results could differ materially from the Company's forward-looking
statements and expectations.

The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release.

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