Ibc Advanced Alloys Corp V.IB

Alternate Symbol(s): IAALF

Metals & Mining Industrial Metals & Minerals

IBC Advanced Alloys Corp. is a beryllium and copper advanced alloys company. The Company serves various industries, such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. The Company has two divisions: Copper Alloy and Engineered Materials. The Copper Alloys division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The 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. The Company’s products include Beryllium-Aluminum Castings, Beryllium Alloys, Copper Alloy Castings & Forgings, Copper Alloy Fabricated Shapes, Tolling Services and Consulting and Thermal Mold Super. It has production facilities in Indiana and Massachusetts.

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Ibc Advanced Alloys Corp

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Comment by nomadtraderon Apr 08, 2016 4:03pm

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Post# 24746642

RE:IBC SHOULD BE REPORTED TO IIROC

patsrep - I couldn't agree with you more. There is no sunny side to this deal. A private placement of 150% of the OS, and if you include the full warrant for each share it translates into 300% of the current OS. The placement is at a 25% reduction on the average closing share price for the past couple of months. The best part of the news release was "This is the right move at the right time for IBC and for our stockholders". Talk about giving away the farm.

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