VANCOUVER, BC – March 18, 2009 – IBC Advanced Alloys Corp. (TSX-V: IB) (“IBC” or the “Company”) is pleased to report that it has engaged the services of IJT Enterprises Ltd. (“IJT”) to strengthen its investor relations activities and effectively communicate shareholder value to investors.
Ian Tootill, IJT’s founder and principal, has been appointed IBC’s director of corporate communications. Mr. Tootill does not hold any interest, directly or indirectly, in IBC or its securities.
IJT, based in Vancouver, BC, is engaged in the business of providing marketing, promotional and investor relations services to listed companies.
IJT will receive consulting fees on a month to month basis of C$5,500 per month and will be granted an incentive stock option to purchase 250,000 shares of the Company, priced in the context of the market in accordance with TSX Venture Exchange (“Exchange”) guidelines. The options granted under the Company’s stock option plan will have a five-year term and will vest in accordance with the policies of the Exchange, expiring February 24, 2014.
The above-described consulting agreement and grant of options are subject to the policies of the Exchange.
About IBC Advanced Alloys Corp
IBC Advanced Alloys Corp is a global exploration and development company focused on beryllium, beryllium oxides and beryllium master alloys. Beryllium and related alloys are used in a broad range of specialized industrial applications such as nuclear power, oil and gas, defense, electronics and automotive. IBC Advanced Alloys Corp.’s common shares are traded on the TSX Venture Exchange under the symbol IB.
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 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, 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 operations and mineral exploration, therefore the Company’s future results, performance or achievements could differ materially from those expressed in these forward-looking statements will transpire. 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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