VANCOUVER, BC – November 18, 2014 – IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) announces that it has retained the services of Stonegate Inc. to provide investor relations services to the Company with a specific focus on the US small-cap institutional investment community.
Stonegate Inc. is a 40-year-old investor relations, research and investment banking firm based in Dallas, Texas. Its research covers companies in a variety of industries and is distributed to its wide network of institutional investors. Stonegate’s primary focus is assisting small cap companies to achieve their capital markets objectives and to both increase and strengthen their institutional shareholder base.
Anthony Dutton, President and CEO of IBC commented, “With increasing interest from the aerospace and precision manufacturing sectors, now is the ideal time to introduce IBC to targeted US institutional investors. We understand their investment criteria, are confident we are meeting those criteria, and we believe Stonegate is a great fit for us because of their expertise in this sector. We look forward to working with them and have targeted early December for our first investor presentations.”
In connection with the engagement, Stonegate will receive US$5,000 per month commencing November 17, 2014. The term of the agreement is six months and may be cancelled subsequently, in writing, with standard notice provisions. The agreement is subject to the acceptance of the TSX Venture Exchange.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global beryllium and advanced alloys company. IBC’s common shares are traded on the TSX Venture Exchange under the symbol “IB” and the OTCQX under the symbol “IAALF.”
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications (604) 685-6263 ext. 110 Email: [email protected] Website: www.ibcadvancedalloys.com |
The Howard Group Inc.
Dave Burwell / Brad Dryer Toll Free: 1-888-221-0915 (403) 221-0915 |
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company’s future results, performance or achievements could differ materially from those expressed in these forward-looking statements. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.
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