Ibc Advanced Alloys Corp Stock Price, News & Analysis

IBC Advanced Alloys (OTCQB:IAALF) announced that its board approved the issuance of 705,880 common shares to directors as compensation for service from July 2024 through June 2025.

The shares are issued at a deemed price of C$0.17 per share (closing price on October 15, 2025), are subject to TSX Venture Exchange approval, and carry a four-month-and-one-day hold period from issuance. The named directors together hold approximately 27.1% of outstanding shares. The company said it is relying on exemptions in MI 61-101 for valuation and minority approval because the transaction value does not exceed 25% of market capitalization.

IBC Advanced Alloys (OTCQB:IAALF) has announced an amendment to its credit facility with Iron Horse Credit, LLC, extending the maturity date to September 30, 2026. The amendment provides additional funding to the company's U.S. subsidiaries through advance purchase funding based on accounts receivable sales.

The amended credit agreement will accrue interest at SOFR plus 6% per annum, with interest compounded and payable monthly. The company has used the new funding to settle all outstanding amounts owed under its credit facility with Sallyport Commercial Finance, LLC. The amendment requires TSX Venture Exchange approval.

IBC Advanced Alloys (IAALF) has amended its existing credit facilities with Chairman and CEO Mark Smith, extending the maturity dates to December 31, 2025. The amendments increase the available principal amount by US$452,500, which was advanced on May 1, 2025. The total outstanding principal under the agreements now stands at approximately US$2.9 million, with an unchanged interest rate of 10% per annum. The amendments require TSX Venture Exchange approval and are exempt from formal valuation and minority shareholder approval requirements under MI 61-101 as they constitute related party transactions on reasonable commercial terms.

IBC Advanced Alloys (IAALF) reported financial results for Q3 2025, showing significant declines in performance. The company's Copper Alloys division recorded sales of $13 million in the nine months ended March 31, 2025, down 43.4% from $18.6 million in the prior year. However, 89% of this decline ($5.01M) was attributed to two large non-recurring orders in FY2024. The company reported a YTD operating loss of $735,000 compared to operating income of $1.2M in the prior period. The quarter showed positive Adjusted EBITDA of $255,000, though YTD Adjusted EBITDA was negative at $126,000. Consolidated net loss reached $2.3 million ($0.029 per share) for continuing operations, or $3.2M including discontinued operations. The company cited softer market demand and increased costs, with ongoing expenses from its discontinued Engineered Materials division impacting results.

IBC Advanced Alloys reported financial results for the quarter ended December 31, 2024, showing significant challenges. The Copper Alloys division recorded sales of $7.1 million in the six-month period, a 29.4% decline from $12 million in the prior year. This decrease was attributed to $3.2 million in non-recurring orders from the previous year and softer market demand.

The company's financial performance showed several concerning metrics: The Copper Alloys division posted a YTD operating loss of $654,000 compared to a prior year's operating income of $438,000. Gross profit declined by 44.4% year-over-year, with gross margin softening by 4%. On a consolidated basis, IBC reported a net loss of $2.6 million ($0.02 per share).

The Engineered Materials (EM) division recorded no sales as operations ceased before June 30, 2024. The company expects EM closing costs and SG&A expenses to decline following the completion of all closing activities in December 2024, with only premises lease commitment costs remaining from January 1, 2025.

IBC Advanced Alloys (TSXV:IB)(OTCQB:IAALF) has announced it will release its financial results for the quarter and six-month periods ended December 31, 2024, on Monday, March 3, 2025, before market opening. The company will host a live investor webcast at 10 a.m. Eastern on the same day.

The webcast will feature Executive Chairman and CEO Mark A. Smith, who will present the financial results and conduct a Q&A session with investors. Interested participants can register for the webcast through the provided Microsoft Teams event link.

IBC Advanced Alloys Corp. (TSXV:IB)(OTCQB:IAALF) has announced the granting of incentive stock options to its directors, officers, employees, and consultants. The options allow the purchase of up to 2,975,000 common shares in the Company at an exercise price of C$0.09 per share. These options will expire on January 27, 2030, and have immediate vesting.

IBC Advanced Alloys has announced amendments to extend the maturity dates of two existing credit facility agreements with Chairman and CEO Mark Smith until June 30, 2025. The amendments include revisions to monthly repayment obligations and are subject to TSX Venture Exchange approval.

The company has also granted Smith certain information rights, registration rights, and the right to participate in future financings. As these amendments involve a related party transaction with a director and senior officer, they fall under MI 61-101 but are exempt from formal valuation and minority shareholder approval requirements, as the company is not listed on specified markets and the terms are deemed commercially reasonable.

IBC Advanced Alloys (TSXV:IB)(OTCQB:IAALF) has announced key leadership changes effective January 1, 2025. Terena White, who has served as Corporate Controller since September 2019, will be promoted to Chief Financial Officer and Corporate Secretary, replacing retiring CFO Toni Wendel. White brings experience from previous roles at Faurecia USA and PMG.

Additionally, following the closure of IBC's Engineered Materials division, Ben Rampulla will step down as President of that division and as Chief Technology Officer on December 31, 2024. Both Wendel and Rampulla will continue providing consulting services during a transition period.