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IBC Advanced Alloys Announces Issuance of Share-Based Compensation to Directors and Officers
FRANKLIN, IN / ACCESSWIRE / July 19, 2023 / IBC Advanced Alloys Corp. (" IBC " or the " Company ...
About this update from Ibc Advanced Alloys Corp.
[{"type":"text","content":"IBC Advanced Alloys Announces Issuance of Share-Based Compensation to Directors and OfficersFRANKLIN, IN / ACCESSWIRE / July 19, 2023 / IBC Advanced Alloys Corp. (\"IBC\" or the \"Company\") (TSXV:IB)(OTCQB:IAALF) announces that, further to a press release dated June 23, 2023, the Company has issued 3,200,000 common shares in the capital of the Company to its directors in consideration for their services to the Company for the period from July 2021 through June 2023. The shares will be subject to a four-month-and-one-day hold period from the date of issuance.The issuance of common shares was approved by the TSX Venture Exchange (the \"TSX-V\") on July 14, 2023.The Company may issue additional common shares in the future to settle compensation under certain compensation, consulting, and employment arrangements in accordance with TSX-V policies.# # #On Behalf of the Board of Directors:\"Mark Smith\"Mark Smith, CEO & ChairmanContacts:Mark A. Smith, CEO & ChairmanJim Sims, Director of Investor and Public Relations+1 (303) 503-6203Email: [email protected]: www.ibcadvancedalloys.com@IBCAdvanced $IB $IAALF #Beryllium #Beralcast #Copper #copperalloysAbout IBC Advanced Alloys Corp.IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. IBC's Copper Alloys Division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. IBC's Engineered Materials Division makes the Beralcast® family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. IBC's has production facilities in Indiana and Massachusetts. The Company's common shares are traded on the TSX Venture Exchange under the symbol \"IB\" and the OTCQB under the symbol \"IAALF\".CAUTIONARY STATEMENTSThe 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.Certain information contained in ...