IBC Advanced Alloys Corp (IAALF)

[AlwaysOptimistic]

IBC Advanced Alloys Announces Issuance of Share-Based Compensation to Directors and Officers

https://finance.yahoo.com/news/ibc-advanced-alloys-announces-issuance-110000499.html

FRANKLIN, 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.

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On Behalf of the Board of Directors:

"Mark Smith"
Mark Smith, CEO & Chairman

Contacts:

Mark A. Smith, CEO & Chairman
Jim Sims, Director of Investor and Public Relations
[phone]