IBC Advanced Alloys Announces Share-Based Compensation for Directors

IBC Advanced Alloys Corp. has announced the issuance of 1,039,105 common shares to its directors as compensation for their service between July 2025 and June 2026. The shares, valued at C$0.16 each, await approval from the TSX Venture Exchange. These shares will be subject to a holding period of four months and one day post-issuance.

The involved directors, including Mark A. Smith, currently hold about 27.69% of the outstanding shares. This transaction is categorized as a "related party transaction" under Multilateral Instrument 61-101. However, IBC relies on exemptions since the market value of the transaction is less than 25% of the company's capitalization.