IB IBC Advanced Alloys Corp

IBC Advanced Alloys Corp. (TSX VENTURE:IB)(OTCQX:IAALF) ("IBC" or the "Company")
is proposing to undertake a consolidation (the "Consolidation") of its issued
and outstanding common shares on the basis of six old common shares for one new
common share. The proposed Consolidation was approved by shareholders at a
special meeting of the Company held on May 18, 2012 and is subject to the
approval of the TSX Venture Exchange ("TSX-V").


The Company currently has 254,428,843 common shares issued and outstanding.
After giving effect to the Consolidation, the Company would have approximately
42,404,807 common shares issued and outstanding. The Company does not propose to
change its corporate name in conjunction with the Consolidation. 


The Company believes the Consolidation will provide it with increased
flexibility when negotiating financings and better access to equity markets to
raise the capital required by the Company to further develop its manufacturing
operations.


About IBC Advanced Alloys Corp.

IBC is an integrated manufacturer and distributor of rare metals (beryllium)
based alloys and related products serving a variety of sectors including
aerospace, automotive, telecommunications and a range of industrial
applications. IBC has 86 employees and production facilities in Indiana,
Massachusetts, Pennsylvania and Missouri. IBC is creating a dynamic global
advanced alloys company. IBC's common shares are traded on the TSX Venture
Exchange under the symbol "IB" and the OTCQX under the symbol "IAALF".


This news release was prepared by management of IBC, which takes full
responsibility for its contents. 


This disclosure contains certain forward-looking statements that involve
substantial known and unknown risks and uncertainties, certain of which are
beyond the Company's control including: whether the Consolidation will be
completed, whether the TSX-V will approve the Consolidation and whether the
Consolidation will provide increased flexibility when negotiating financings and
better access to equity markets to raise the capital required by the Company to
further develop its manufacturing operations. All statements included in this
press release that address activities, events or developments that the Company
expects, believes or anticipates will or may occur in the future are
forward-looking statements. These statements are based on assumptions made by
the Company based on its experience, perception of historical trends, current
conditions, expected future developments and other factors it believes are
appropriate in the circumstances.


FOR FURTHER INFORMATION PLEASE CONTACT: 
IBC Advanced Alloys Corp.
Ian Tootill
Director of Corporate Communications
(604) 685-6263 ext 110
itootill@ibcadvancedalloys.com
www.ibcadvancedalloys.com

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