on IBC Advanced Alloys Corp. (CVE:IB)
IBC Advanced Alloys Issues Share-Based Compensation to Directors
IBC Advanced Alloys Corp. has issued 705,880 common shares to its directors for their services from July 2024 to June 2025. These shares are subject to a hold period of four months and one day. This issuance was approved by the TSX Venture Exchange on November 28, 2025.
Directors including Mark Smith and Geoffrey Hampson now collectively hold about 27.5% of IBC's outstanding shares. This issuance is considered a "related party transaction" under Multilateral Instrument 61-101, with the company leveraging exemptions owing to the transaction's value being under 25% of market capitalization.
IBC continues to reinforce its positions in various sectors through the issuance of share-based compensation, reflecting strategic financial decisions approved by relevant regulatory bodies.
R. H.
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