VANCOUVER, BC – April 11, 2011 – IBC Advanced Alloys Corp. (TSX-V: IB) (“IBC” or the “Company”) has entered into a business development consulting agreement with a consultant to assist in developing the Company’s business and profile. Pursuant to the terms of the agreement, and as part remuneration for the consultant’s services, the Company has agreed to grant 200,000 incentive stock options to the consultant at an exercise price of $0.16 each until April 6, 2013. The options are being granted pursuant to the terms of the Company’s 2010 stock option plan and are subject to TSX Venture Exchange policies and approval.
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 prospective beryllium 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.
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