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 second tranche of its brokered private placement previously
announced on January 28, 2013. In connection with the second tranche, the
Company issued 576,900 units at a price of $0.12 per unit for gross proceeds of
$69,228. The Company has raised aggregate gross proceeds of $2,000,000 and has
issued 16,666,664 common shares in connection with this private placement.


Each unit consists of one common share and one share purchase warrant with each
warrant having an exercise price of $0.18 until May 13, 2015. The securities
were issued subject to a four-month resale restriction. Net proceeds from the
private placement will be used for business development initiatives and for
general working capital purposes. 


The Company paid, in accordance with TSX Venture Exchange policy, aggregate
finder's fees in connection with the second tranche of 7% cash and 7% agent's
warrants, which have the same terms as the financing warrants, to Euro Pacific
Canada Inc. for obtaining subscriptions. 


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 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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