🕐15.07.13 - 15:27 Uhr
NEWS RELEASE: IBC PROVIDES INFORMATION ON RECENT MARKET ACTIVITY
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IBC Advanced Alloys
NEWS RELEASE
July 15, 2013
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IBC Provides Information on Recent Market Activity
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VANCOUVER, BC - July 15, 2013 - IBC Advanced Alloys Corp.
(TSX-V: IB; OTCQX: IAALF) ("IBC" or the "Company") provides an updated on recent
trading in the Companys shares on the TSX Venture Exchange.
In its July 2, 2013
news release, the Company reported that it was "aware that there has been a recent
increase in trading activity of the Companys shares and a decline in its stock
price" but was "not aware of any adverse material changes in the operations of,
or prospects for, the Company that would explain this activity."
The Company has subsequently learned that a former shareholder, Firebird Global
Master Fund Ltd.
recently sold its investment in IBC.
In a news release dated July
11, 2013, Firebird Global Master Fund II Ltd.
reported that Firebird Fund Firebird
Global Master Fund Ltd., held 4,405,814 common shares representing 11.36% of IBCs
outstanding shares in January 2013.
The news release went on to report that Firebird
Global Master Fund Ltd.
"sold all of the common shares it held in the share capital
of [IBC] on the TSX Venture Exchange at an average price of $0.0477 per share."
While it is not generally possible to ascribe changes in market value to specific
trades, the Company believes that these transactions may have increased the supply
of shares beyond what the market could absorb in the normal course.
The Company
is optimistic that the completion of these sales will restore a normal balance to
the Companys trading market.
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 sectors including aerospace, automotive, telecommunications
and a range of industrial applications.
IBC has 83 employees and production facilities
in Indiana, Massachusetts, Pennsylvania and Missouri.
IBC is creating a dynamic
global 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
(604) 685-6263 ext.
110
Email:
Website: www.ibcadvancedalloys.com
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