IBC Announces Incentive Stock Option Awards
Rhea-AI Summary
IBC Advanced Alloys Corp. (TSXV:IB)(OTCQB:IAALF) has announced the granting of incentive stock options to its directors, officers, employees, and consultants. The options allow the purchase of up to 2,975,000 common shares in the Company at an exercise price of C$0.09 per share. These options will expire on January 27, 2030, and have immediate vesting.
Positive
- Immediate vesting of stock options provides instant value to recipients
- 5-year exercise period offers long-term flexibility for option holders
Negative
- Potential dilution of existing shareholders if all 2,975,000 options are exercised
FRANKLIN, IN / ACCESS Newswire / January 28, 2025 / 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 2,975,000 common shares in the capital of the Company, exercisable at a price of C
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
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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
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