Mark Smith, CEO and Director, acquired 2,248,324 Common Shares on a direct ownership basis at a price of $0.200 through a prospectus or prospectus exempt offering on June 23rd, 2021. The insider also acquired 2,248,324 Warrants on a direct ownership basis with an exercise price of $0.230 until June 23, 2023. This represents a $449,665 investment into the company's shares and an account share holdings change of 21.7%.
IBC Advanced Alloys is in the Specialty Mining & Metals Sub Industry Group under the Basic Materials Sector.
IBC Advanced Alloys Corp. is an alloys and precision castings company. The Company is engaged in developing and manufacturing alloys, including beryllium-aluminum alloys and specialty copper alloys. The Company's segments include Copper Alloys, Engineered Materials and Corporate. The Copper Alloys segment is engaged in the manufacturing and distribution of a range of copper alloys as castings and forgings, including beryllium copper, chrome copper and aluminum bronze in plate, block, bar, rings and specialty copper alloy forgings for plastic mold tooling and resistance welding parts. The Engineered Materials segment manufactures the Beralcast and ABX families of metal matrices, which can be used in commercial and military applications. The Engineered Materials segment supplies beryllium-aluminum components to the aerospace and high technology manufacturing sectors. It serves a range of industries, such as defense, automotive, telecommunications, precision manufacturing and others.
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