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")
has closed the first tranche of its brokered private placement (the "Offering")
announced on January 28, 2013. The Company has issued 16,089,764 units (the
"Units") of IBC for gross proceeds of $1,930,772.


Each Unit consists of one common share and one share purchase warrant
("Warrant") with each Warrant having an exercise price of $0.18 until February
28, 2015. The securities were issued 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. Insiders of the Company participated
in the Offering. 


The Company paid, 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. 


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 second tranche of 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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