IBC Announces Share-Based Compensation to Directors

Rhea-AI Summary

IBC Advanced Alloys (OTCQB:IAALF) announced that its board approved the issuance of 705,880 common shares to directors as compensation for service from July 2024 through June 2025.

The shares are issued at a deemed price of C$0.17 per share (closing price on October 15, 2025), are subject to TSX Venture Exchange approval, and carry a four-month-and-one-day hold period from issuance. The named directors together hold approximately 27.1% of outstanding shares. The company said it is relying on exemptions in MI 61-101 for valuation and minority approval because the transaction value does not exceed 25% of market capitalization.

Positive

• Board approved issuance of 705,880 shares to directors
• Deemed issue price set at the C$0.17 closing price on October 15, 2025
• Issued shares subject to a four-month-and-one-day hold

Negative

• Transaction is a related party issuance to directors
• Issuance requires TSX Venture Exchange approval
• Named directors collectively hold ~27.1% of outstanding shares

FRANKLIN, INDIANA / ACCESS Newswire / October 15, 2025 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) today announces that the board of directors of the Company has approved the issuance of 705,880 common shares in the capital of the Company (the "Common Shares"), to its directors in consideration of their service to the Company for the period from July 2024 through June 2025.

The issuance of the Common Shares, at a deemed price per Common Share of C$0.17, being the closing price of the Common Shares on October 15, 2025, is subject to the approval of the TSX Venture Exchange ("TSX-V"). The Common Shares will be subject to a four-month-and-one-day hold period from the date of issuance.

Mark A. Smith, Geoffrey Hampson, Simon Anderson and Michael Jarvis currently hold an aggregate of approximately 27.1% of the issued and outstanding Common Shares. Each issuance of Common Shares to the directors constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions ("MI 61-101") and TSXV Policy 5.9 Protection of Minority Security Holders in Special Transactions. The Company is relying on the exemptions from the formal valuation and minority approval requirements contained in Sections 5.5(a) and 5.7(1)(a) of MI 61-101, on the basis that the fair market value of the transaction does not exceed 25% of the Company's market capitalization.

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, CEO & Chairman of the Board

# # #

Contact:

Mark A. Smith, CEO & 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

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".

Cautionary Statements Regarding Forward-Looking Statements

Neither 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.

Certain information contained in this news release may be forward-looking information or forward-looking statements as defined under applicable securities laws. Forward-looking information and forward-looking statements are often, but not always identified by the use of words such as "expect", "anticipate", "believe", "foresee", "could", "estimate", "goal", "intend", "plan", "seek", "will", "may" and "should" and similar expressions or words suggesting future outcomes. This news release includes forward-looking information and statements pertaining to, among other things, the planned issuance of Common Shares and the approval of the TSX-V. Forward-looking statements involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company's control including: the risk that the Company may not be able to make sufficient payments to retire its debt, the impact of general economic conditions in the areas in which the Company or its customers operate, including the semiconductor manufacturing and oil and gas industries, risks associated with manufacturing activities, 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, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. As a result of these risks and uncertainties, the Company's 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.

Please see "Risks Factors" in our Annual Information Form available under the Company's profile at www.sedarplus.ca, for information on the risks and uncertainties associated with our business. Readers should not place undue reliance on forward-looking information and statements, which speak only as of the date made. The forward-looking information and statements contained in this release represent our expectations as of the date of this release. We disclaim any intention or obligation or undertaking to update or revise any forward-looking information or statements, whether as a result of new information, future events, or otherwise, except as required under applicable securities laws.

SOURCE: IBC Advanced Alloys Corp.

View the original press release on ACCESS Newswire

FAQ

How many shares did IBC (IAALF) approve to issue to directors on October 15, 2025?

The board approved issuance of 705,880 common shares to directors.

At what price are the IBC (IAALF) director shares being issued?

The shares are deemed issued at C$0.17 per share, the October 15, 2025 closing price.

Do the IBC (IAALF) director shares have a trading restriction?

Yes. The Common Shares will be subject to a four-month-and-one-day hold period from issuance.

Is the IBC (IAALF) director issuance a related party transaction?

Yes. Each issuance to directors is classified as a related party transaction under MI 61-101 and TSXV Policy 5.9.

Will the IBC (IAALF) director share issuance need TSX-V approval?

The issuance is subject to TSX Venture Exchange approval.

How much of IBC (IAALF) is held by the named directors after the issuance announcement?

The named directors currently hold an aggregate of approximately 27.1% of issued and outstanding shares.