Beryllium Copper Alloys by IBC Advanced Alloys

 

International Beryllium Signs Letter of Intent to Acquire Manufacturer

Published Wednesday, January 9, 2008

VANCOUVER, BC - International Beryllium Corporation (TSX-V: IB) -- International Beryllium Corporation ("IBC") has signed a letter of intent to acquire all of the shares of a beryllium manufacturer in an arm's length, cash-only transaction. A finder's fee is payable to an arm's length party, with the terms currently under negotiation. Completion of the proposed transaction is subject to several conditions including customary due diligence and approval by the boards of directors of IBC and the target company; shareholders of the target company; and the TSX Venture Exchange. There can be no assurance that the transaction will be completed as proposed or at all.

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.

About International Beryllium Corporation

The objective of International Beryllium Corporation is to become a premier vertically integrated beryllium manufacturing and distribution company serving the global beryllium markets.


International Beryllium Corporation
Anthony G. Dutton, CEO
(604) 689-1515 ext 111
Email: adutton@internationalberyllium.com
Website: www.internationalberyllium.com