IB IBC Advanced Alloys Corp

NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES 


IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF) ("IBC" or the "Company")
has closed, subject to final regulatory approval including final approval of the
TSX Venture Exchange, its previously announced non-brokered private placement by
issuing 15,000,000 common share units ("Units") of the Company at a price of
$0.18 per Unit for gross proceeds of $2.7 million. 


Each Unit consists of one common share ("Common Share") of IBC and one-half of a
common share purchase warrant (each whole common share purchase warrant a
"Warrant"). Each Warrant is exercisable to acquire one Common Share of IBC at a
price of $0.24 until March 13, 2016. 


Anthony Dutton, CEO commented, "We are pleased with the strong investor support
for this financing which necessitated an increase in the offering. This
financing strengthens IBC's balance sheet and allows us to more confidently
pursue an increasing number of interesting and significant growth opportunities
with Engineered Materials for 2014."


In connection with the closing of the financing, the Company has agreed to pay a
cash finder's fee equal to 7% of the gross proceeds of the Offering and to grant
finder's warrants equal to 7% of the number of shares sold under the Offering.
Each finder's warrant entitles the holder to purchase one common share of the
Company at a price of $0.24 until March 13, 2016.


The Company intends to use the net proceeds from the private placement for
working capital purposes. 


THE COMMON SHARES, EQUITY UNITS AND UNITS HAVE NOT BEEN REGISTERED UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE OFFERED OR SOLD
WITHIN THE UNITED STATES OR TO, OR FOR THE ACCOUNT OR BENEFIT OF, U.S. PERSONS
ABSENT REGISTRATION OR AN APPLICABLE EXEMPTION FROM U.S. REGISTRATION
REQUIREMENTS.


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.
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" and
the OTCQX under the symbol "IAALF".


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.


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: the impact of general economic
conditions in the areas in which the Company operates, industry conditions,
changes in laws and regulations including the adoption of new environmental laws
and regulations and changes in how they are interpreted and enforced, increased
competition, the lack of availability of qualified personnel or management,
limited availability of raw materials, fluctuations in commodity prices, foreign
exchange or interest rates, stock market volatility and obtaining required
approvals of regulatory authorities. In addition there are risks and
uncertainties associated with manufacturing activities therefore the Company's
future results, performance or achievements could differ materially from those
expressed in these forward-looking statements. 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


The Howard Group Inc.
Dave Burwell
Toll Free: 1-888-221-0915 or (403) 221-0915
info@howardgroupinc.com

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