Mr. Mark Smith reports

IBC WINS $3.1 MILLION IN NEW ORDERS FROM MAJOR AEROSPACE DEFENSE CONTRACTOR

IBC Advanced Alloys Corp. has won a new purchase order for its beryllium-aluminum alloy products from a major aerospace defence contractor. The value of the new orders is approximately $3.1-million, which the company expects to fulfill in 2023.

"We are very pleased to have received this new purchase order and our team is proud of the work that we are doing to support a variety of defence contractors," said Mark Smith, IBC's chief executive officer and chairman. "We look forward to continuing to grow the defence side of our business."

About IBC Advanced Alloys Corp.

IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defence, aerospace, automotive, telecommunications, precision manufacturing and others. IBC's copper division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper and aluminum bronze. IBC's engineered materials division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defence, aerospace and other systems, including the F-35 joint strike fighter. IBC has production facilities in Indiana, Massachusetts, Pennsylvania and Missouri. The company's common shares are traded on the TSX Venture Exchange under the symbol IB and the OTCQB under the symbol IAALF.

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