Beryllium Copper Alloys by IBC Advanced Alloys

 

IBC Advanced Alloys Enters Into Consulting Agreement and Grants Incentive Stock Options

Published Monday, April 11, 2011 1:00 pm by Ian Tootill

VANCOUVER, BC – April 11, 2011 – IBC
Advanced Alloys Corp. (TSX-V: IB) (“IBC” or the “Company”)
has entered into a business
development consulting agreement with a consultant to assist in developing the
Company’s business and profile. Pursuant to the terms of the agreement, and as
part remuneration for the consultant’s services, the Company has agreed to
grant 200,000 incentive stock options to the consultant at an exercise
price of $0.16 each until April 6, 2013. The options are being granted
pursuant to the terms of the Company’s 2010 stock option plan and are subject
to TSX Venture Exchange policies and approval.

About IBC Advanced
Alloys Corp.

IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related
products
serving a variety of industries including nuclear
energy
, automotive, telecommunications and a range of industrial
applications. IBC has 80 employees and is headquartered in Vancouver, Canada
with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri.
Additionally, IBC owns prospective beryllium
properties
in the Western US covering approximately 9,500 hectares. IBC is
creating a dynamic global beryllium and advanced alloys company. IBC’s common
shares are traded on the TSX Venture Exchange under the symbol “IB”.

IBC
Advanced Alloys Corp.

Ian Tootill, Director of Corporate
Communications

(604) 685-6263 ext 110

Email: itootill@eragonlatrilogia.com

Website: www.eragonlatrilogia.com

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