21:57:09 EST Fri 20 Feb 2026
Enter Symbol
or Name
USA
CA



IBC Advanced Alloys Corp (3)
Symbol IB
Shares Issued 115,236,737
Close 2026-02-20 C$ 0.21
Market Cap C$ 24,199,715
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IBC Advanced closes $1.25M (U.S.) financing with Lind

2026-02-20 17:53 ET - News Release

Mr. Mark Smith reports

IBC ADVANCED ALLOYS ANNOUNCES CLOSING OF INITIAL US$1,250,000 FUNDING BY THE LIND PARTNERS

IBC Advanced Alloys Corp. has closed on initial financing under the previously announced convertible security financing agreement with Lind Global Fund III LP, managed by The Lind Partners LLC, a New York-based institutional fund manager.

Under the agreement, Lind advanced to the company $1.25-million (U.S.) ($1,702,125 (Canadian)), less a closing fee of $62,500 (U.S.) ($85,106.25 (Canadian)), in consideration for the issuance to Lind of: (i) an uncertificated convertible security in the principal amount of $1.25-million (U.S.) and having an aggregate face value of $1.5-million (U.S.) ($2,042,550 (Canadian)); and (ii) 3,943,948 common share purchase warrants, exercisable for 24-months from the date of issue with an exercise price of 25.26 Canadian cents. The proceeds from the convertible security issuance will be used for working capital and general corporate purposes.

Further details of this financing can be found in a news release of the company dated Feb. 17, 2026.

The agreement and the issuance of the convertible security thereunder were conditionally approved by the TSX Venture Exchange on Feb. 17, 2026. The securities issued to Lind are subject to a hold period of four months and one day.

About IBC Advanced Alloys Corp.

IBC is a leading advanced copper alloys manufacturer serving a variety of industries such as defence, aerospace, automotive, telecommunications, precision manufacturing and others. At its vertically integrated production facility in Franklin, Ind., IBC manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper and aluminum bronze. The company's common shares are traded on the TSX Venture Exchange under the symbol IB and the OTCQB under the symbol IAALF.

About The Lind Partners LLC

The Lind Partners is an institutional fund manager and leading provider of growth capital to small- and mid-cap companies publicly traded in the United States, Canada, Australia and the United Kingdom. Lind makes direct investments ranging from $1-million (U.S.) to $30-million (U.S.), invests in syndicated equity offerings and selectively buys on market. Lind has completed more than 100 direct investments totalling over $1-billion (U.S.) in value and has been a flexible and supportive capital partner to investee companies since 2011.

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