sur IBC Advanced Alloys Corp. (CVE:IB)
IBC Advanced Alloys Corp. Announces Share-Based Compensation Plan
IBC Advanced Alloys Corp. has announced the board's approval to allocate 705,880 common shares to its directors as recompense for their service from July 2024 to June 2025. The shares are valued at C$0.17 each, based on the closing price on October 15, 2025. This transaction is pending approval from the TSX Venture Exchange, with a holding period of four months and one day applicable from the issuance date.
Directors Mark A. Smith, Geoffrey Hampson, Simon Anderson, and Michael Jarvis collectively hold about 27.1% of the company’s outstanding shares. The share issuance falls under "related party transactions" as per Multilateral Instrument 61-101 and TSXV Policy 5.9. The company is exempt from formal valuation and minority approval due to the transaction’s limited impact on market capitalization.
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