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An announcement from IBC Advanced Alloys ( (TSE:IB) ) is now available.
IBC Advanced Alloys Corp. announced the granting of incentive stock options to its directors, officers, employees, and consultants, allowing them to purchase up to 2,975,000 common shares at C$0.09 per share, with options expiring in January 2030 and vesting immediately. This move is likely to enhance employee motivation and align their interests with company performance, potentially strengthening IBC’s position in the advanced copper alloys market.
More about IBC Advanced Alloys
IBC Advanced Alloys Corp. is a leading manufacturer of advanced copper alloys, serving industries such as defense, aerospace, automotive, telecommunications, and precision manufacturing. The company operates a vertically integrated production facility in Franklin, Indiana, where it produces and distributes various copper alloys, including beryllium copper, chrome copper, and aluminum.
YTD Price Performance: 8.43%
Average Trading Volume: 43,427
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$10.21M
See more data about IB stock on TipRanks’ Stock Analysis page.
