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Ibc Advanced Alloys Announces Closing Of Initial Us$1,500,000 Funding By The Lind Partners

Oct 14, 2021almost 4 years ago

Amount Raised

$1.5 Million

Round Type

seed

Franklin

Description

IBC Advanced Alloys Corp. (“IBC” or the “Company”) (TSX-V: IB; OTCQB: IAALF) announces that it has closed on initial funding under the previously announced convertible security funding agreement (the “Agreement”) with Lind Global Fund II, LP, managed by The Lind Partners, LLC, a New York based institutional fund manager (together, the “Investor” or “Lind”).

Company Information

Company

Ibc

Location

Franklin, Texas, United States

About

IBC has production facilities in Indiana, Massachusetts, Pennsylvania, and Missouri. IBC is a leading beryllium and copper advanced alloys company serving a variety of industries such as defense, aerospace, automotive, telecommunications, precision manufacturing, and others.