CA - IBC Advanced Alloys increases private placement to C$1.2M
- IBC Advanced Alloys ( OTCQB:IAALF ) announces that the non-brokered private placement has been increased to a maximum of up to 11.11M units of the company at a price of C$0.108per unit for gross proceeds of up to C$1.2M.
- Each unit will consist of one common share of IBC and one share purchase warrant.
- Each Warrant will entitle the holder to acquire one common share of the company at a price of C$0.135 at any time prior to the date which is 2 years following completion of the offering.
- Proceeds of the private placement will be used for working capital and general corporate purposes.
For further details see:
IBC Advanced Alloys increases private placement to C$1.2M