FRANKLIN, Ind. (April 14, 2026) – IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) is pleased to announce the promotion of Jenny Gipson to Vice President of Operations.
A veteran of 25 years in the metal forging industry, Ms. Gipson has worked at IBC since 2020, serving as Program Manager and then as Production Coordinator. As Vice President of Operations, Ms. Gipson will report to Copper Alloys Division President Mark Wolma and will be responsible for oversight of daily business operations, improving efficiency, productivity, and process optimization, and assisting management in meeting operational, strategic, and profitability goals.
Prior to working for IBC, Ms. Gipson worked for 20 years in several positions of increasing responsibility with Fountaintown Forge in Indiana, including 14 years as a Vice President of Operations.
“It’s with great pride that IBC promotes Jenny to Vice President of Operations. She will oversee our production centers and help us stay ahead of robust, rising demand for our copper and copper alloy products, said Mark A. Smith, IBC’s Chairman and CEO. “With her quarter-century of experience in the forging industry and her outstanding performance here at IBC, Jenny’s promotion is well earned, and I look forward to seeing her continue to grow as a member of the leadership team as IBC progresses toward what I see as a very exciting future.”
For more information on IBC and its innovative alloy products, go here.
On Behalf of the Board of Directors:
“Mark A. Smith”
Mark A. Smith, CEO & Chairman of the Board
Cautionary Statements
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Certain information contained in this news release may be forward-looking information or forward-looking statements as defined under applicable securities laws. Forward-looking information and forward-looking statements are often, but not always identified by the use of words such as “expect”, “anticipate”, “believe”, “foresee”, “could”, “estimate”, “goal”, “intend”, “plan”, “seek”, “will”, “may” and “should” and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to, among other things, receipt of TSXV approval of the Amendments, and the monthly payments to be made under the Amendments. Forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control including: the risk that the Company may not be able to make sufficient payments to retire its debt, including the Existing Loan Agreements, the impact of general economic conditions in the areas in which the Company or its customers operate, including the semiconductor manufacturing and oil and gas industries, risks associated with manufacturing activities, 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. As a result of these risks and uncertainties, 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.
Please see “Risks Factors” in our Annual Information Form available under the Company’s profile at www.sedarplus.ca, for information on the risks and uncertainties associated with our business. Readers should not place undue reliance on forward-looking information and statements, which speak only as of the date made. The forward-looking information and statements contained in this release represent our expectations as of the date of this release. We disclaim any intention or obligation or undertaking to update or revise any forward-looking information or statements whether as a result of new information, future events or otherwise, except as required under applicable securities laws.