VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2011) - 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.
Contact Information:
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext 110
(604) 687-8678 (FAX)
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com