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| | May 22, 2009
IBC Advanced Alloys Applies for Warrant Extension
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| | May 22, 2009 - VANCOUVER, BC - IBC ADVANCED ALLOYS CORP. ("IBC" or the "Company") (TSX-V:IB) announces that it has applied for an amendment to its terms of the warrants issued pursuant to a private placement announced on April 18, 2007 and May 30, 2007. The application proposes to extend the expiry date of the warrant from May 29, 2009 to May 29, 2010. All other terms, including the warrant exercise price of $0.29, remain the same.
About IBC Advanced Alloys Corp.
IBC Advanced Alloys Corp. is an integrated manufacturer and distributor of beryllium based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 61 employees and is headquartered in Vancouver, Canada with production facilities in Pennsylvania and Indiana. Additionally, IBC owns prospective beryllium properties in Brazil and 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".
For further information please contact:
Ian Tootill
Director of Corporate Communications
(604) 685-6263 x.110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com
This news release was prepared by management if IBC which takes full responsibility for its contents. 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. |
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| | You can view the Next News Releases item: Tue May 26, 2009, IBC Advanced Extends Warrant Expiry To 2010
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