VANCOUVER, BC – August 26, 2011 – IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (“IBC” or the “Company”) is pleased to announce that common shares of the Company commenced trading on OTCQX International, the highest tier of the OTC market in the United States, under the symbol IAALF on August 26, 2011. The Company’s common shares will continue to trade on the TSX Venture Exchange under the symbol IB.
“OTCQX gives excellent exposure to the US equities markets with their efficient and transparent platform,” said Anthony Dutton, President and Chief Executive Officer of IBC Advanced Alloys. “Investors are increasingly aware of the critical importance of strategic and rare metalsand the emergence of this sector as an exciting investment opportunity. We are pleased,” continued Dutton, “to be able to provide our current and potential U.S. investors an improved platform to access our company’s securities and look forward to introducing IBC to the US investment community.”
The OTCQX is a highly visible trading platform that has attracted more than 150 companies since its inception in early 2007 and has emerged as the world’s leading, premier cross-listing venture for international issuers that wish to benefit from U.S. trading and investor demand. In just over three years, the OTCQX has grown to a total market capitalization of more than $800 billion.
“OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards,” said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. “We are pleased to welcome IBC Advanced Alloys to OTCQX.”
Ladenburg Thalmann & Co. Inc., a subsidiary of Ladenburg Thalmann Financial Services Inc. (NYSE Amex: LTS), will serve as IBC Advanced Alloys’ Principal American Liaison (“PAL”) on OTCQX, responsible for providing guidance on OTCQX requirements.
About OTC Markets Group Inc.
OTC Markets Group Inc. (OTCQX: OTCM) operates the world’s largest electronic marketplace for broker-dealers to trade unlisted stocks. The OTC Link(tm) platform supports an open network of competing broker-dealers that provide investors with the best prices in over 10,000 OTC securities. Companies trading on the top tier QX platform have met clear quantitative standards and provide quality disclosure to the marketplace.
To learn more about OTC Markets Group visit www.otcmarkets.com
About Ladenburg
Ladenburg Thalmann Financial Services Inc., through its subsidiaries, provides a range of financial services primarily to corporate and institutional clients, and high net-worth individuals in the United States. The company offers investment banking, equity research, institutional sales and trading, independent brokerage, advisory, and asset management services. It operates as a full-service investment bank that provides corporate finance, strategic and financial advisory services, sales and trading, and equity research services. The company offers a range of financing options, including underwritten public offerings, registered direct offerings, at-the-market offerings, private investment in public equity, and other private placements. It also provides asset management, investment consulting, private investment management, retirement plan sponsor, alternative investments, and third party advisory services. In addition, the company offers securities brokerage and advisory services, and a range of packaged products comprising mutual funds, variable annuities, advisor managed accounts, and third party managed accounts. Further, it provides wealth management services, including trust administration, estate and financial planning, and custody and investment services. Ladenburg Thalmann Financial Services Inc. was founded in 1876 and is headquartered in Miami, Florida.
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. Additionally, IBC owns prospectiveberyllium properties in the Western US covering approximately 9,500 hectares. 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”.
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email: [email protected]
Website: www.ibcadvancedalloys.com
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.
Legal Notice Regarding Forward Looking Statements
This disclosure contains certain forward-looking statements that involve 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, changes in laws and regulations and changes in how they are interpreted and enforced, and the likelihood in obtaining required approvals of regulatory authorities. 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 and other factors it believes are appropriate in the circumstances.
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