VANCOUVER, BC – February 24, 2014 – IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (“IBC” or the “Company”) further to IBC’s news release of January 28, 2014 the company has issued 427,778 common shares at a price of $0.135 per common share to an arms-length consultant. This issuance represents payment for the second six months of services provided by the consultant pursuant to a one-year consulting agreement. This transaction has been approved by the TSX Venture Exchange.
The common shares are subject to a four-month statutory hold period from the date of issuance. IBC now has a total of 63,597,911 common shares issued and outstanding.
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related productsserving 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
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.
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