Vancouver, BC (PRWEB) May 10, 2011
IBC Advanced Alloys Corp. (TSX-V: IB) (“IBC” or the “Company”) announced it has retained Rubenstein Investor Relations (“RIR”) to provide investor relations services to the Company. Based in New York, RIR has been providing investor relations services for 17 years to a wide range of TSX, TSX Venture and US listed companies, helping its clients expand their presence in the North American financial and investor communities.
Richard Rubenstein, President of RIR said, “IBC offers a unique “vertically integrated mine to market” business model as a manufacturer and distributor of rare metal alloys in a rapidly expanding global market. Their products and services address a broad range of specialized and growing industrial applications making their Company extremely attractive to the investment community. We look forward to applying our expertise and to raising IBC’s profile among a broad base of institutions, analysts, funds and special situation investors.”
“We are delighted to have appointed Rubenstein as our IR specialists and look forward to working closely with them as we expand our institutional and retail investor base,” said Anthony Dutton, President and CEO of IBC. “With four manufacturing facilities located in the US, as well as our mineral properties in Utah and Colorado, we believe the time is right to raise IBC’s profile in the North American investment community and believe that RIR have the track record and network to ensure the best results.”
RIR will enhance the Company’s investor communications program through enhanced direct interaction with the US and North American investment community with targeted outreach to institutional investors and analysts. RIR has established an excellent track record of aligning companies with the appropriate financial audiences.
The agreement between the Company and RIR will consist of a monthly retainer of $7,500.00 for an initial six month period, and an option grant of 200,000 options with $0.20 exercise price expiring May 10, 2013.
About Rubenstein Investor Relations, Inc.
Rubenstein Investor Relations specializes in introducing and positioning small and mid-cap companies to appropriate communities of investors. RIR focuses on facilitating and developing strong and lasting investment banking relations, building institutional support, and improving clients' overall investor relations strategies. http://www.rubensteinir.com
About IBC Advanced Alloys Corp.
IBC is an integrated manufacturer and distributor of rare metals (beryllium) based alloys and related products serving a variety of industries including nuclear energy, automotive, telecommunications and a range of industrial applications. IBC has 80 employees and is headquartered in Vancouver, Canada with production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. Additionally, IBC owns prospective beryllium properties in the Western US covering approximately 9,500 hectares. IBC is creating a dynamic global beryllium and advanced alloys company. IBC’s common shares are traded on the TSX Venture Exchange under the symbol “IB”.
IBC Advanced Alloys Corp.
Ian Tootill, Director of Corporate Communications
(604) 685-6263 ext 110
Rubenstein Investor Relations
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. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.