IBC Advanced Alloys Grants Incentive Stock Options
September 02 2011 - 5:30PM
Marketwired
IBC Advanced Alloys Corp. (TSX VENTURE: IB)(PINK SHEETS:
IAALF)(OTCQX: IAALF) ("IBC" or the "Company") has granted incentive
stock options to directors and officers of the Company, as well as
to senior management and certain key employees of IBC and its
wholly owned operating subsidiaries, for the purchase of an
aggregate of 1,625,000 common shares of the Company at an exercise
price of $0.23 each until August 30, 2016.
The options are being granted pursuant to the terms of the
Company's 2010 amended 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".
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.
Contacts: IBC Advanced Alloys Corp. Ian Tootill Director of
Corporate Communications (604) 685-6263 ext 110 (604) 687-8678
(FAX) itootill@ibcadvancedalloys.com www.ibcadvancedalloys.com
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