IBC Advanced Alloys Appoints Alastair Neill to the Board
November 11 2011 - 9:12AM
Marketwired
IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF)(PINK
SHEETS:IAALF) ("IBC" or the "Company") appoints Alastair Neill as a
director of the Company effective November 1st, 2011.
"I am excited to join the IBC board and ready to provide
guidance and assistance," said Mr. Neill. "IBC's vertically
integrated structure is ideally suited to take advantage of the
many opportunities in the specialty alloys and critical metals
market. I look forward," continued Neill, "to strengthening IBC's
position, especially in Asia, where I believe there is excellent
growth potential and strategic opportunities for new market
development."
Alastair Neill is former Vice President of Sales and General
Manager of Rare Earth Division for AMR (Now Neo-Material
Technologies). He brings over 15 years of direct Rare Earth
Elements experience with downstream end-users in Korea, Japan,
Europe and North America and with material suppliers in China. Mr.
Neill is currently Executive Vice President of Dacha Strategic
Metals and serves on the Advisory Board of Rare Earth Element World
(REE World), an international organization dedicated to providing
industry leadership in the rare earths, rare metals and critical
metals sector.
"We are pleased to welcome Alastair Neill to the board to help
guide the development of our upstream mineral projects as well as
our downstream manufacturing and processing initiatives," said
Anthony Dutton, President and CEO of IBC Advanced Alloys. "Alastair
is an acknowledged international rare earths and rare metals
expert, and has an impressive history of business and technical
expertise and success. We believe IBC will benefit tremendously,"
continued Dutton, "from Alastair's deep market knowledge and
industry experience. We look forward to his guidance and leadership
as IBC continues its growth and develops its business strategy in
North America and abroad."
Alastair Neill replaces Denis Brady on the board of directors.
The Company thanks Mr. Brady for his service on the board and
wishes him well with his future endeavours.
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" and
the OTCQX under the symbol "IAALF".
This news release was prepared by management of IBC, which takes
full responsibility for its contents.
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 activities
therefore 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.
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 +1 (604) 685-6263 ext. 110 +1 (604)
687-8678
(FAX)itootill@ibcadvancedalloys.comwww.ibcadvancedalloys.com
Rubenstein Investor Relations Tim Clemensen +1 (212)
843-9337tclemensen@rubensteinir.com
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