IB IBC Advanced Alloys Corp

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. WIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES.


IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF) ("IBC" or the "Company")
intends to undertake a brokered private placement of up to 16,666,667 units (the
"Units") of IBC at a price of $0.12 per Unit (the "Offering Price") for gross
proceeds of up $2,000,000 (the "Offering"). Euro Pacific Canada Inc. has been
engaged to act as agent with respect to the Offering.


Each Unit will consist of one common share and one share purchase warrant
("Warrant") with each Warrant having an exercise price of $0.18 and a term of 24
months from the closing date. Insiders of the Company intend to participate in
this Offering. The securities to be issued will be subject to a four-month
resale restriction. Net proceeds from the Offering will be used for business
development initiatives and for general working capital purposes. The Company
may elect to close the Offering in more than one tranche.


The Offering will be conducted in reliance upon certain prospectus and
registration exemptions. The Corporation will pay, in accordance with TSX
Venture Exchange policy, finder's fees of 7% cash and 7% agent's warrants to
Euro Pacific Canada Inc. for obtaining subscriptions and a $20,000 work fee.
Completion of the Offering is subject to acceptance by the TSX Venture Exchange.


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 sectors including
aerospace, automotive, telecommunications and a range of industrial
applications. IBC has 86 employees and production facilities in Indiana,
Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global
advanced alloys company. IBC's common shares are traded on the TSX Venture
Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF".


This news release was prepared by management of IBC, which takes full
responsibility for its contents. 


This disclosure contains certain forward-looking statements that involve
substantial known and unknown risks and uncertainties, certain of which are
beyond the Company's control including: whether the Offering will be completed,
whether the TSX-V will approve the Offering and whether the Offering will be
used for general business development initiatives or general working capital.
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.


FOR FURTHER INFORMATION PLEASE CONTACT: 
IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

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