🕐14.11.11 - 15:27 Uhr
IBC ADVANCED ALLOYS CORP. NEWS RELEASE
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IBC Advanced Alloys
NEWS RELEASE
November 14, 2011
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Vertically Integrated from Exploration to Market
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IBC Advanced Alloys Appoints
Alastair Neill to the Board
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VANCOUVER, BC - November 14th, 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 1st, 2011.
"I am excited to join the IBC board and ready to provide guidance and assistance,"
said Mr.
Neill.
"IBCs 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 IBCs 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 Metalsand 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 Alastairs 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.
IBCs 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:
Website: www.ibcadvancedalloys.com
Rubenstein Investor Relations
Tim Clemensen
+1 (212) 843-9337
Email:
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 Companys
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 Companys 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.
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IBC Advanced Alloys Corp.
| 906-595 Howe St.
| Vancouver | BC | V6R 2H6 | Canada