Ibc Advanced Alloys Corp
TSXV:IBView on OTCQB

  • LAST PRICE
    0.0850
  • TODAY'S CHANGE (%)
    0.0000 (0.0000%)
  • Bid / Lots
    0.0700/ 18
  • Ask / Lots
    0.0900/ 30
  • Open / Previous Close
    0.0000 / 0.0850
  • Day Range
    ---
  • 52 Week Range
    0.0400
    0.1200
  • Volume
    ---

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  • May 10, 2024

  • Apr 30, 2024

      Show headlines and story abstract

    • 7:04AM ET on Tuesday Apr 30, 2024 by Accesswire
      Companies Mentioned: IAALF

      FRANKLIN, IN / ACCESSWIRE / April 30, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) is pleased to announce that certain of the Company's U.S. subsidiaries (the "Subsidiaries") have entered into a purchase contract (the "Purchase Contract") and industrial lease (the "Lease") with Flatbay Properties LLC ("Flatbay"). Upon completion of customary closing conditions, including approval of the TSX Venture Exchange, the Purchase Contract will result in US$3,850,000 in funding for the Company (the "Proceeds"). Following the repayment of the Company's secured term loan with Sallyport Commercial Finance, LLC ("Sallyport"), the Company expects to have approximately US$485,000 of the proceeds for working capital.

    • 7:04AM ET on Tuesday Apr 30, 2024 by Dow Jones
      Companies Mentioned: IB

      FRANKLIN, IN / ACCESSWIRE / April 30, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) is pleased to announce that certain of the Company's U.S. subsidiaries (the "Subsidiaries") have entered into a purchase contract (the "Purchase Contract") and industrial lease (the "Lease") with Flatbay Properties LLC ("Flatbay"). Upon completion of customary closing conditions, including approval of the TSX Venture Exchange, the Purchase Contract will result in US$3,850,000 in funding for the Company (the "Proceeds"). Following the repayment of the Company's secured term loan with Sallyport Commercial Finance, LLC ("Sallyport"), the Company expects to have approximately US$485,000 of the proceeds for working capital.

  • Apr 26, 2024

      Show headlines and story abstract

    • 7:02AM ET on Friday Apr 26, 2024 by Accesswire
      Companies Mentioned: IAALF

      Company to Close its Beryllium-Aluminum Alloy Plant This Summer Due to Insufficient Long-Term Market Demand

      FRANKLIN, IN / ACCESSWIRE / April 26, 2024 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) announces that it will focus on its profitable Copper Alloys division in Franklin, Ind., and cease production this summer at its Massachusetts beryllium-aluminum alloy plant because of insufficient long-term demand for cast beryllium-aluminum alloy products. IBC anticipates that the move will expand free cash flow, strengthen gross margins, and position the Company on a better path to sustained profitability. IBC's Copper Alloys division has operated profitably since the quarter ended September 30, 2020, for a total of 14 quarters.

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