IBC Advanced Alloys News

IBC Advanced Alloys Supplies Beralcast� Parts for European Space Agency?s Automated Transport Vehicle

Tue, 20 Mar 2012 06:15:00 -0700

WILMINGTON, MA ? March 20^th, 2012 ? IBC Advanced Alloys Corp. (TSX-V: IB OTCQX: IAALF) (?IBC? or the ?Company?) reports that its proprietary Beralcast^� ultra-lightweight aluminum-beryllium advanced castings are being supplied for the European Space Agency?s (?ESA?) Automated Transfer Vehicle (?ATV?). ESA?s third ATV, a transport vehicle for supplies and propellant, is scheduled for launch on March 23, 2012 and is expected to dock with the International Space Station five days later.

IBC?s Engineered Materials division is the world?s only producer of precision aluminum beryllium investment castings known as Beralcast^�alloys. The Beralcast^� range of alloys and composites has a consistently high stiffness to weight ratio which allows aerospace, automotive and high tech engineers greater design flexibility and more options for significant performance gains. The Beralcast^� family of alloys are ideally suited to commercial, electronic and military aerospace applications requiring complex, lightweight high modulus parts.

ACAL BFI France is supplying IBC?s Beralcast^�parts to Astrium (a division of EADS) for the manufacturing of the ATV space transport vehicle, specifically brackets made with Beralcast^� 363 being used to hold the thrusters in the front attitude control system of the ATV. Marie-Jo�lle Poret of ACAL BFI France said ?We would like to thank IBC for its support and for providing all remaining high quality bracket castings for this key program?.

Ray White, President of IBC Engineered Materials, reports that, ?the brackets are thruster mounts for the front attitude control system, and are perfect examples of where Beralcast^� 363 excels. Competitive aluminum-beryllium materials made from powdered metal would be extremely expensive with long manufacturing lead times. Beralcast^� was cast to the precise shape required, which saves time and money.?

Anthony Dutton, President and CEO of IBC said, ?We are proud that Beralcast� products are being utilized for such an innovative aerospace application. IBC?s Engineered Materials team provided a top quality product, which can also be adapted for many other market sectors including aerospace, defence, automotive and electronics.? Dutton continued, ?our Company?s ESA work complements our ongoing Unmanned Airborne Vehicle (UAV) project for the US Military and we are looking forward to continuing our work with both of these organizations to develop new high performance aerospace applications using the Beralcast^� family of alloys.?

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 7,640 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?.

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.

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, 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 manufacturingactivities 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.

IBC Advanced Alloys Provides 2011 Utah Drill Program Update

Tue, 07 Feb 2012 06:15:00 -0800

VANCOUVER, BC ? February 7, 2012 ? IBC Advanced Alloys Corp. (TSX-V: IB OTCQX: IAALF) (?IBC? or the ?Company?) is pleased to provide a progress report from its 2011 exploration program on the Company?s Juab County, Utah properties.

The program consisted of 35 reverse circulation 60 degree inclined holes on 100 metre spacing on the Company?s 371 claims adjacent to Materion?s Spor Mountain beryllium mine. Field personnel currently are completing the logging and processing of the more than 100 tonnes (115 short tons) of samples recovered from the drilling operations. ALS-Minerals has been selected to provide geochemical analyses and quantitative beryllium analysis of the approximate 5,000 samples generated by the 2011 exploration program.

More than 750 samples from four of the exploration drill holes have been submitted to the laboratory for analysis with preliminary results expected in the near term. The Company expects to complete processing of drill samples and receive analysis of all samples by the end of May 2012. Microscopic examination of drill cuttings has shown that several of the drill holes encountered the Bell Hill Dolomite as well as large quantities of lavender-coloured fluorite that is usually associated with beryllium mineralization in this area.

Lee Rice, Vice President of Exploration for IBC stated, ?The drilling program progressed very smoothly with good to excellent sample recovery thanks to the Layne Christensen Company drillers and equipment. Our initial examination of drill hole samples indicates that we have tested the complete suite of rocks in this depositional environment and that our hypothesis of deposition from hot ascending fluids rather than from descending meteoric waters appears to be confirmed.?

About the property:

The Juab County property consists of 371 claims (approximately 7,630 acres) immediately adjacent to Materion Corporation?s open-pit beryllium mining operations on Spor Mountain that have been in production since 1969. The 2011 exploration program consisted of 35 reverse circulation 60� inclined drill holes on 100-metre spacing along a line perpendicular to the prevailing northeast-trending fracture patterns in the metasedimentary and volcaniclastic rocks of the Fish Springs valley and completely traversing the Company?s southern claim block. All drill holes reached a depth of 150 metres (492 feet) to test the concentration of beryllium ore minerals within economic open pit mining depths in both the valley fill tuff and volcaniclastic rocks as well as the underlying Bell Hill Dolomite metasedimentary unit which is unexposed in the area of the Company?s claim blocks.

About IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

(604) 685-6263 ext 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

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 manufacturingactivities 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.

IBC's Year in Review for 2011 Summarized by President & CEO Anthony Dutton

Tue, 20 Dec 2011 04:00:00 -0800

IBC Advanced Alloys achieved a number of significant and important milestones in 2011 and began the year with the share price on a strong footing and trending upwards. The balance of the year, however, saw continued uncertainty in the global markets which impacted IBC?s stock performance. In this short 4 minute video IBC President & CEO Anthony Dutton summarizes the company?s performance this year in relation to the global markets and looks forward to a strong and exciting 2012.

IBC Advanced Alloys Grants Incentive Stock Options

Wed, 07 Dec 2011 04:00:00 -0800

VANCOUVER, BC ? December 7, 2011 ? IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (?IBC? or the ?Company?) has granted incentive stock options to a director of the Company, for the purchase of an aggregate of 400,000 common shares of the Company at an exercise price of $0.17 each until November 10, 2016.

The options are being granted pursuant to the terms of the Company?s stock option plan and are subject to TSX Venture Exchange policies and approval.

About IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

(604) 685-6263 ext 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

IBC Advanced Alloys Completes First Phase of 2011 Utah Drill Program

Thu, 01 Dec 2011 06:15:00 -0800

VANCOUVER, BC ? December 1, 2011 ? IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (?IBC? or the ?Company?) has completed the first phase of the drilling program at its Juab County fluorite-bertrandite project located in western Utah. IBC?s Utah properties incorporate 371 claims, totalling approximately 3,102 hectares (7,665 acres) and are located immediately adjacent to the large Spor Mountain beryllium mine owned by Materion Corporation.

Anthony Dutton, President and CEO of IBC said, "Our drilling and sampling program has now been completed on time and on budget and will give us additional information towards the preparation of a compliant National Instrument 43-101 report. In addition, we will gain a deeper and technically sound understanding of the geology, host mineralization and main structures as we prepare for additional drilling and ultimately a resource estimate.?

Layne Christensen Drilling, of Chandler, AZ, completed a ?fence? of 35 reverse circulation drill holes spanning the east-west extent of the southwest flank of Spor Mountain in Juab County, Utah which were completed ahead of schedule. This line of drill holes tested several target zones identified in previous field work and a 2010 geophysical survey of the area.

The drill program consisted of 35 holes totalling 5,500 metres of reverse circulation drilling to test target zones in the volcanic tuff and in the underlying Bell Hill Dolomite unit in the claim area immediately south of Starvation Canyon Wash. The program collected 5,250 rock chip samples at 1-metre vertical intervals. The approximately 252 short tons of sampled rock is being dried and split into 250-gram portions to be shipped to the ALS Minerals preparation laboratory in Elko, Nevada where it will be oven-dried and then pulverized (85% passing 75 micron). The ?pulps? will then be shipped to ALS Minerals in Vancouver, BC, for analysis of beryllium, uranium, thorium, and rare earths elements content in addition to several other elements.

This first phase program was designed to test the presence and concentration of fluorite-bertrandite replacement of dolomite fragments that constitute the ore in the nearby Materion (formerly Brush-Wellman) Spor Mountain mine pits and penetrated the volcanic tuff layer to test the presence and concentration of beryllium in the underlying Bell Hill Dolomite. All results will be reported as they are received from the laboratory in order to characterize the rock units and begin quantifying the beryllium resource within the claim block. The Company expects to receive laboratory analytical results from the first phase of the drill program in early 2012. Reclamation of the roads and drill pads has commenced and reseeding of the entire disturbed area with native vegetation is scheduled for completion in December 2011.

IBC?s Vice President of Exploration, Lee Rice, stated, ?IBC is hopeful that the results from this drill program will help quantify the potential beryllium mineralization and to provide a strategic resource underpinning continued downstream manufacturing growth, as well as to support our R&D efforts such as our nuclear fuels initiative. IBC?s vertically integrated business model is constantly evaluating new opportunities, such as nuclear fuels, which have the potential to drive significant future beryllium consumption.?

About IBC Advanced Alloys Corp.

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

(604) 685-6263 ext 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

Rubenstein Investor Relations

Tim Clemensen

(212) 843-9337

Email: tclemensen@rubensteinir.com

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 mineral exploration and 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.

IBC Advanced Alloys Appoints Alastair Neill to the Board

Mon, 14 Nov 2011 06:15:00 -0800

VANCOUVER, BC ? November 14^th, 2011 ? IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (?IBC? or the ?Company?) appoints Alastair Neill as a director of the Company effective November 1^st, 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?.

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

+1 (604) 685-6263 ext. 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

Rubenstein Investor Relations

Tim Clemensen

+1 (212) 843-9337

Email: tclemensen@rubensteinir.com

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.

IBC Advanced Alloys Announces 2011 Financial Results

Mon, 31 Oct 2011 06:15:00 -0700

VANCOUVER, BC ? October 31, 2011 ? IBC Advanced Alloys Corp. (TSX-V: IB) ("IBC" or the ?Company?), a vertically integrated manufacturer of rare metals (beryllium) based alloys and advanced cast and forged products has released its audited financial results for the year ended June 30, 2011.

Fiscal 2011 Financial Highlights

Sales increased to $20.45 million, up 37% compared to fiscal 2010;
Gross profit increased 87% compared to fiscal 2010 on increased sales and improved operating practices;
Loss for the year was $4.6 million, up 13% from fiscal 2010 reflecting both business expansion and significant unusual charges such as plant relocation expense; and

Cash and cash equivalents at June 30, 2011 were $7.51 million.

?Over the last four years, IBC has developed and implemented an advanced alloys business to support its mine-to-market business strategy,? commented Simon Anderson, IBC?s CFO. ?Our fiscal 2011 revenue growth is clear proof that IBC?s vertically integrated model is sound and that the business has a strong foundation. We have successfully integrated our operating facilities, introduced a range of new high performance alloys and begun business development efforts into several new markets. While the company as a whole is not yet profitable, we were very encouraged by our 2011 financial performance and expected the increased costs in fiscal 2011, which relate to the expansion and upgrading of our manufacturing base to support future revenue growth.?

Business Highlights

The Company?s fiscal 2011 operating results reflect IBC?s continued growth with steadily increasing manufacturing revenues and capacity. With the 2010 Engineered Materials purchase and construction of a new factory in Massachusetts, IBC?s operations expanded significantly. While this expansion had a negative effect on operating loss, it is a key component of IBC?s growth plan.

In June 2011, the Company closed a short-form prospectus offering, raising gross proceeds of $8,213,000 to fund Engineered Materials expansion, new business development initiatives and the 2011 Utah mineral exploration program.

In June 2011, IBC signed a strategic memorandum of understanding with its Kazakh suppliers, Ulba Metallurgical Plant, to further advance and strengthen the Company?s relationship and to continue to target emerging opportunities in the global beryllium and rare metals market.

In May 2011 IBC opened a new 63,000 square foot manufacturing facility in Wilmington, MA to support the growth of the Company?s Engineered Materials division and its ultra-lightweight cast alloys.

In May 2011, Major General David Heinz joined IBC?s board as an independent director. Major General Heinz is a highly decorated retired senior U.S. Marine Corps officer whose most recent military assignment was as the Program Executive Officer for the F-35 Lightning II program.

In April 2011, IBC renewed its collaborative research agreements with both Purdue and Texas Engineering Experiment Station, a member institution of the Texas A&M University System, to advance the Company?s beryllium oxide nuclear fuels R&D project.

For full particulars, please refer to IBC?s audited consolidated financial statements, MD&A and annual information form for the year ended June 30, 2011, filed on SEDAR and available at www.sedar.com.

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 81 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 6,740 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 additional information please contact:

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. Neither the 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.

Legal Notice Regarding Forward Looking Statements

This disclosure contains certain forward-looking statements including expectations about future operating results and the benefits of relocating our beryllium-aluminum division 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 operations and mineral exploration, therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements will transpire. 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.

IBC Signs Memorandum of Understanding with Ceramic Tubular Products to Advance Nuclear Fuel Technologies

Thu, 27 Oct 2011 06:15:00 -0700

VANCOUVER, BC ? October 27, 2011 ? IBC Advanced Alloys Corp. (TSX-V: IB; OTCQX: IAALF) (?IBC? or the ?Company?) and Ceramic Tubular Products, LLC (?CTP?) signed a memorandum of understanding to jointly advance and develop their respective nuclear fuel technologies to address operational and performance issues with light water reactor (?LWR?) fuel systems. IBC and CTP?s nuclear fuel technologies are very complementary and have the potential to deliver significant fuel performance improvements and operational safety benefits to the nuclear industry.

CTP, based in Rockville, MD and Lynchburg, VA, has been developing an advanced nuclear fuel ceramic cladding, known as silicon carbide triplex cladding, primarily for existing Light Water Reactors (LWRs). This advanced technology aims to improve the economics of the nuclear industry by increasing safety margins and overall fuel performance. CTP has been awarded multiple grants, including one from the US Department of Energy, to further research, identify and evaluate complementary fuel forms, such as IBC?s BeO enhanced fuel that could contribute by facilitating the cladding to achieve its full potential in commercial service.

?We look forward to working with IBC and their advanced nuclear fuel R&D program,? said Herb Feinroth, CEO of Ceramic Tubular Products. ?Our respective technologies not only complement each other from a technological and commercial perspective, but are also very timely, given recent developments in the nuclear industry after the accident of the Fukushima LWR reactors in Japan. CTP?s longstanding relationships with the Department of Energy, industry regulators and other industry partners,? continued Feinroth, ?reinforce our belief that a partnership with IBC offers great promise for our respective companies and the nuclear fuel industry.?

Pursuant to the MOU, IBC and CTP will collaborate to develop, test and potentially commercialize their combined respective technologies. IBC, with Purdue (?Purdue?) and Texas A&M (?Texas A&M?) universities, will assist in analyzing how IBC?s beryllium oxide (BeO) enhanced UO₂ fuel supports CTP?s technology, and how it responds and performs in LWRs. IBC?s BeO nuclear fuels project is focused on developing a high thermal conductivity BeO nuclear fuel for current and future nuclear power reactors that is more efficient and safer than existing nuclear fuels, which is complementary to CTP?s cladding technology.

?IBC is excited to develop and collaborate with CTP on alternative nuclear fuel technologies that directly address economic performance and industry safety,? said Anthony Dutton, President and CEO of IBC Advanced Alloys. ?IBC?s objective is to commercialize its BeO enhanced fuel and to position itself as an essential part of the nuclear industry?s supply chain. Our work with CTP will provide both parties with an opportunity to contribute to improved margins and cost efficiencies for the nuclear industry.?

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 on the OTCQX under the symbol ?IAALF?.

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

(604) 685-6263 ext 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

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.

Video Message: President & CEO Anthony Dutton Explains IBC's Competitive Advantage

Wed, 26 Oct 2011 04:00:00 -0700

President and CEO Anthony Dutton explains IBC Advanced Alloy's competitive advantage.

IBC Advanced Alloys Corp. Announces Closing of $3.45 Million Bought Deal Financing

Tue, 25 Oct 2011 04:00:00 -0700

VANCOUVER, BC ? October 25, 2011 ? IBC Advanced Alloys Corp. (TSX.V: IB; OTCQX: IAALF) (?IBC? or the ?Company?) has closed its previously announced public offering (the ?Offering?) of an aggregate of (i) 7,250,000 units (?Units?) (including 2,250,000 Units issued pursuant to the exercise in full of the over-allotment option) at an issue price of $0.20 per Unit; and (ii) 10,000,000 subscription units (?Subscription Units?) at an issue price of $0.20 per Subscription Unit, on a bought deal basis, for total gross proceeds of C$3,450,000.

Each Unit consists of one common share (?Common Share?) in the capital of IBC and one-half of one Common Share purchase warrant (each whole warrant a ?Warrant?). Each Warrant entitles the holder to acquire one Common Share at a price of $0.25 for a period of 24 months from the closing date.

Each Subscription Unit consists of (i) one Unit; (ii) one-half of one subscription right, with each whole right giving the holder the right, but not the obligation, to purchase one Unit at an issue price of $0.20 per Unit on the date that is 30 calendar days from the closing date of the Offering (?Subscription Privilege One?); and (iii) one-half of one subscription right, with each whole right giving the holder the right, but not the obligation, to purchase one Unit at an issue price of $0.20 per Unit on the date that is 60 calendar days from the closing date of the Offering (?Subscription Privilege Two? and together with Subscription Privilege One, the ?Subscription Privileges?). If the Subscription Privileges are exercised in full, the Company will receive aggregate gross proceeds of $2,000,000. There is no assurance that the Subscription Privileges will be exercised, or if exercised, will be exercised in full.

The Company intends to use the net proceeds of the Offering to strengthen IBC?s balance sheet by paying down notes payable. In the event the Subscription Privileges are exercised in full, the Company intends to apply the proceeds from such exercise for general working capital purposes and to purchase inventory.

THE COMMON SHARES, SUBSCRIPTION UNITS AND UNITS AND THE SECURITIES COMPRISING THE SUBSCRIPTION UNITS AND UNITS HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM U.S. REGISTRATION REQUIREMENTS.

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 6,740 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?.

For additional information please contact:

IBC Advanced Alloys Corp.

Ian Tootill, Director of Corporate Communications

+1 (604) 685-6263 ext. 110

Email: itootill@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

Further information on this financing can be obtained from:

Russell N. Starr

Head of Institutional Equities and Director

Euro Pacific Canada Inc.

+1 (416) 649-4272

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 closing of the Offering, the receipt of regulatory approvals, 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.