🕐21.01.15 - 15:27 Uhr
NEWS RELEASE: IBC ADVANCED ALLOYS GRANTS INCENTIVE STOCK OPTIONS
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IBC Advanced Alloys
NEWS RELEASE
January 21, 2015
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IBC Advanced Alloys Grants Incentive Stock Options
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Vancouver, BC, January 21, 2015.
IBC Advanced Alloys Corp.
(OTCQX: IAALF and TSX-V:
IB;) ("IBC" or the "Company")has granted incentive stock options to directors and
officers of the Company, as well as to senior management, certain key employees
and consultants of its wholly owned operating subsidiaries, to purchase up to 1,970,000
common shares of the Company.
Insiders of the Company were granted 1,350,000 options.
The options have an exercise price of C$0.15 each, are exercisable until January
16, 2020 and vest in stages over a three-year period, except for options granted
to a certain consultant which vest in two tranches on March 31, 2015 and September
30, 2015.
The options are being granted pursuant to the terms of the Companys 2014
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.
IBC is creating a dynamic global
beryllium and advanced alloys company.
IBCs common shares are traded on the TSX
Venture Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF."
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IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
[mailto:]
www.ibcadvancedalloys.com
The Howard Group Inc.
Dave Burwell / Brad Dryer
Toll Free: 1-888-221-0915
(403) 221- 0915
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.
This disclosure contains certain forward-looking statements that involve substantial
known and unknown risks and uncertainties, certain of which are beyond the Companys
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, limited availability of raw materials, 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 Companys
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.
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IBC Advanced Alloys Corp.
| 1200-570 Granville St.
| Vancouver | BC | V6C 3P1 | Canada