CORRECTION FROM SOURCE: IBC Announces Incentive Stock Option Awards

Rhea-AI Summary

IBC Advanced Alloys (OTCQB:IAALF; TSXV:IB) issued a correction on January 23, 2026 replacing a prior release. The company granted incentive stock options under its stock option plan to directors, officers, employees and consultants to purchase up to 1,800,000 common shares.

The options are exercisable at C$0.22 per share, vest immediately, and expire on January 20, 2031. Contact and investor relations details were provided in the release.

This press release corrects and replaces the release disseminated Thursday, 22 January 2026 12:20 PM ET.

The previous release contained incorrect content from a release previously disseminated.

Please see the full corrected release below.

FRANKLIN, INDIANA / ACCESS Newswire / January 23, 2026 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) announces that, pursuant to its stock option plan, it has granted incentive stock options to its directors, officers, employees, and consultants to purchase up to an aggregate of 1,800,000 common shares in the capital of the Company, exercisable at a price of C$0.22 per share and expiring January 20, 2031. The options vest immediately.

For more information on IBC and its innovative alloy products, go here.

On Behalf of the Board of Directors:

"Mark A. Smith"

Mark A. Smith, Chairman of the Board

# # #

Contact:

Mark A. Smith, Chairman of the Board
Jim Sims, Director of Investor and Public Relations
+1 (303) 503-6203
Email: jim.sims@ibcadvancedalloys.com

Website: www.ibcadvancedalloys.com

@IBCAdvanced $IB $IAALF #copper #copperalloys

About IBC Advanced Alloys Corp.

IBC is a leading advanced copper alloys manufacturer serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others. At its vertically integrated production facility in Franklin, Indiana, IBC manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. The Company's common shares are traded on the TSX-V under the symbol "IB" and the OTCQB under the symbol "IAALF".

Neither the TSX-V nor its Regulation Services Provider (as that term is defined in the policies of the TSX-V) accepts responsibility for the adequacy or accuracy of this release.

SOURCE: IBC Advanced Alloys Corp.

View the original press release on ACCESS Newswire

FAQ

How many stock options did IBC Advanced Alloys (IAALF) grant on January 23, 2026?

IBC granted an aggregate of 1,800,000 incentive stock options.

What is the exercise price and expiry date of the IAALF options granted January 23, 2026?

The options are exercisable at C$0.22 per share and expire on January 20, 2031.

Do the IAALF stock options granted on January 23, 2026, have a vesting period?

No, the options vest immediately upon grant.

Who received the IAALF incentive stock options granted January 23, 2026?

Options were granted to the company's directors, officers, employees, and consultants.

Does the January 23, 2026 IAALF release replace an earlier announcement?

Yes, the release is a correction that replaces the prior January 22, 2026 announcement.