Niocorp Developments Ltd (NB)

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IBC

RANKLIN, IN – (April 2, 2020) –IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announced that it is continuing to manufacture its strategic alloy products because of the Company’s essential role as part of the U.S. Defense Industrial Base. The Company is pleased to report that all four of its U.S. facilities remain in operation and are serving customers in both the defense and commercial sectors.
IBC manufactures a variety of beryllium-aluminum, beryllium-copper, and other specialty copper alloy products that are used in military and national defense applications, as well as in automotive, aerospace, industrial, oil and gas, and other industries. To learn more about the products that IBC manufactures, please go here: https://www.ibcadvancedalloys.com/products
“IBC is taking all necessary precautions to protect the health and safety of our employees and their families, and we are closely following the directives of the governors in each of the four U.S. states in which we operate,” said Mark A. Smith, IBC Board Chairman. “We are also proud to continue serving as productive members of the U.S. Defense Industrial Base, as well as meeting the needs of our many customers in multiple commercial markets.”
“Demand for IBC’s products has shown strong upward trends in recent months,” Mr. Smith added. “While the COVID-19 pandemic will have an impact on us and virtually all other companies in our sector, we look forward to seeing demand continue an upward trend once the U.S. and global economies return to full force.”
On Behalf of the Board of Directors:
“Mark Smith”
Mark Smith P.E., Esq., Chairman
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Contact:
Mark A. Smith, Chairman
Jim Sims, Director of Investor and Public Relations
[phone]
Email: [e-mail]
Website: www.ibcadvancedalloys.com