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Re: News Release - Friday, February 27, 2009
International Beryllium Corporation Changes Name To IBC Advanced
Alloys Corp.
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VANCOUVER, BC - February 27th, 2009 - International Beryllium
Corporation (TSX-V: IB) ("IBC") is pleased to announce that, effective
March 2nd, 2009, the Company will officially change its name from
International Beryllium Corporation to IBC Advanced Alloys Corp. In
conjunction with the name change the Company's new internet address
will be www.ibcadvancedalloys.com in recognition of the IBC brand.
The Company's board of directors unanimously approved the name change
to reflect the Company's increasing focus on downstream manufacturing
and distribution activities as demonstrated by the recent important and
strategic acquisitions of Freedom Alloys and Nonferrous Products. At
the same time, the board required that IBC remain an integral part of
the new name to reflect the historical beryllium connection and to
underscore the continued importance of the Company's mineral assets and
its mine to market corporate strategy.
"We believe the name change is appropriate and timely as it highlights
advanced alloys as being the Company's key revenue drivers and also
promotes the IBC brand across the organization and into the market,"
said Anthony Dutton, IBC's President and CEO. "The Company's core
focus will continue to be consolidating beryllium and beryllium related
opportunities across the industry," continued Dutton, "but to also
widen our net to include complementary advanced alloys and intermediate
products in order to better serve our growing customer base and to
enhance shareholder value."
About IBC Advanced Alloys Corp.
IBC Advanced Alloys Corp. is a world wide manufacturer and supplier of
advanced alloys and other intermediate products with a focus on
beryllium related alloys as well as non-ferrous alloys for a broad
range of industrial applications including nuclear power, oil and gas,
defense, electronics and automotive. The Company also owns significant
beryllium mineral and exploration assets in Utah, Colorado and Brazil.
IBC Advanced Alloys shares are traded on the TSX Venture Exchange under
the symbol IB.
For additional information please contact:
IBC Advanced Alloys Corp.
Anthony Dutton, CEO
(604) 685-6263 ext 111
Email: adutton@ibcadvancedalloys.com
Website: www.ibcadvancedalloys.com
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.
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Copyright (c) 2009 INTERNATIONAL BERYLLIUM CORPORATION (IB) All rights
reserved. For more information visit our website at
http://www.internationalberyllium.com/ or send
mailto:ba@primarycapital.net
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IBC Advanced Alloys Corp
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CODE : IB.V |
ISIN : CA44923T6034 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
IBC Advanced Alloys is a development stage company based in Canada. IBC Advanced Alloys is listed in Canada. Its market capitalisation is CA$ 2.4 millions as of today (US$ 1.8 millions, € 1.7 millions). Its stock quote reached its highest recent level on May 27, 2011 at CA$ 1.98, and its lowest recent point on April 22, 2016 at CA$ 0.04. IBC Advanced Alloys has 30 350 000 shares outstanding. |