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IBC Advanced Alloys Corp. Closes First Tranche of Brokered Private Placement
Feb. 28, 2013 04:01PM PST
Rare Earth InvestingIBC Advanced Alloys Corp. (TSXV:IB,OTCQX:IAALF) closed the first tranched of the brokered privace placement that was announced on January 28, 2013. 16,089,764 units have been issued for total proceeds of $1,930,772.
As quoted in the press release:
Each Unit consists of one common share and one share purchase warrant (“Warrant”) with each Warrant having an exercise price of $0.18 until February 28, 2015.
Click here to read the IBC Advanced Alloys Corp. (TSXV:IB,OTCQX:IAALF) press release
Click here to see the IBC Advanced Alloys Corp. (TSXV:IB,OTCQX:IAALF) profile
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