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| | January 14, 2010
IBC Advanced Alloys Grants Options
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| | VANCOUVER, BC - January 14, 2010 - IBC Advanced Alloys Corp. (TSX-V: IB) ("IBC" or the "Company") reports that it has granted incentive stock options to a senior executive of the Company, for the purchase of 400,000 common shares of the Company, at an exercise price of $0.18. The options have a five-year term and vest in accordance with the policies of the TSX Venture Exchange, expiring January 7, 2015.
The options are being granted pursuant to the terms of the Company's 2009 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 60 employees and is headquartered in Vancouver, Canada with production facilities in Pennsylvania, Indiana and Missouri. Additionally, IBC owns prospective beryllium properties in the Western US and Brazil 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".
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Email: itootill@ibcadvancedalloys.com
Website: www.ibcadvancedalloys.com
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. |
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