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IBC Advanced Alloys Corp.

10:00 AM EST - IBC Advanced Alloys Corp. : Intends to offer, on a non-brokered private placement basis, up to 1,818.181 units of the Company at a price of $0.22 per Unit for gross proceeds to the Company of up to $400,000. There is no minimum offering amount. Each Unit will consist of one common share of IBC and one common share purchase warrant. Each Warrant will entitle the holder to acquire one common share of the Company at a price of C$0.28 at any time prior to the date which is three years following completion of the Offering. IBC Advanced Alloys Corp. shares V.IB are trading unchanged at $0.22.