Articles from IBC Advanced Alloys Corp.

IBC Advanced Alloys Reports Improved Financial Results for the Year Ended June 2026
Sharply higher sales in the fourth quarter of fiscal year 2026 were driven by increasing demand from the defense and electronics industriesHighlights of the Quarter and Year Ended June 30, 2026(Unless otherwise noted, all financial amounts in this news release are expressed in U.S. dollars. IBC is reporting the performance of "continuing operations" at its Copper Alloy division, "discontinued operations" at its Massachusetts facility, and a combination of continuing and discontinued operations.1Annual sales of $19.5 million increased by 9.8% compared with the prior-year period.Gross profit of $3.8 million for the year increased by 8.12% year-over-year ("YoY").On a consolidated basis, an operating loss of $210,000 was sharply lower than the $1.5 million loss for the year ended June 30, 2025, and adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") for the year of $591,000 reversed a loss of $400,000 in the comparative prior-year period.On a consolidated basis, the loss for the year was $2.2 million, lower than the prior year's loss of $3.4 million.
By IBC Advanced Alloys Corp. · Via ACCESS Newswire · October 16, 2026
IBC Announces Share-Based Compensation to Directors
FRANKLIN, IN / ACCESS Newswire / July 13, 2026 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) today announces that the board of directors of the Company has approved the issuance of 1,039,105 common shares in the capital of the Company (the "Common Shares"), to its directors in consideration of their service to the Company for the period from July 2025 through June 2026.
By IBC Advanced Alloys Corp. · Via ACCESS Newswire · July 13, 2026
IBC Advanced Alloys Promotes Jenny Gipson to President of its Nonferrous Division
FRANKLIN, IN / ACCESS Newswire / June 30, 2026 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSX-V:IB)(OTCQB:IAALF) is pleased to announce the promotion of Jenny Gipson to President of its Nonferrous Division, which operates the Company's vertically integrated copper alloys production facility in Franklin, Ind.
By IBC Advanced Alloys Corp. · Via ACCESS Newswire · June 30, 2026
IBC Announces Incentive Stock Options Awards
FRANKLIN, IN / ACCESSWIRE / June 8, 2022 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) announces that, pursuant to its stock option plan, it has granted incentive stock options to its directors, officers, employees, and consultants to purchase up to an aggregate of 1,910,000 common shares in the capital stock of the Company, exercisable for a period of 5 years from the date of grant at a price of C$0.24 per share. The options vest as follows: 25% vests on the grant date and 25% will vest on each of the next three anniversaries o the grant date.
By IBC Advanced Alloys Corp. · Via AccessWire · June 8, 2022
IBC Advanced Alloys Announces Election to Issue Shares in Satisfaction of Debenture Interest Payment Obligations
FRANKLIN, IN / ACCESSWIRE / May 31, 2022 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) announces that in accordance with the terms of a debenture indenture entered into between the Company and Computershare Trust Company of Canada ("Computershare") dated June 6, 2018, as supplemented (the "Debenture Indenture") and the terms of a convertible debenture indenture entered into between the Company and Computershare dated June 6, 2018, as supplemented (the "Convertible Debenture Indenture" and together with the Debenture Indenture, the "Indentures"), it has elected to issue common shares in the capital of the Company ("Common Shares") to holders of 9.50% unsecured debentures due June 6, 2023 (the "9.50% Debentures") and 8.25% convertible unsecured debentures due June 6, 2023 (the "8.25% Debentures" and together with the 9.50% Debentures, the "Debentures"), respectively, in satisfaction of up to an aggregate total of approximately C$152,978.75 interest payable to holders of Debentures on June 30, 2022 (the "Payment Date"), assuming no further conversions of 8.25% Debentures.
By IBC Advanced Alloys Corp. · Via AccessWire · May 31, 2022
IBC Advanced Alloys Reports Continued Profitability in the Quarter Ended March 31, 2022
Highlights of the Quarter
By IBC Advanced Alloys Corp. · Via AccessWire · May 30, 2022
Articles from IBC Advanced Alloys Corp. | Hannibal Courier - Post