FRANKLIN - IBC Advanced Alloys Corp. ('IBC' or the 'Company') (TSX-V: IB; OTCQB: IAALF) announces the results of its 2023 Annual General Meeting (the 'Meeting'), held on December 29, 2023, in Denver, CO.

At the Meeting, the Shareholders re-elected to the board of directors by ordinary resolution, Mark A. Smith, Simon Anderson, Geoff Hampson, and Mike Jarvis to serve in office until the next annual general meeting of Shareholders or until their successors are duly elected or appointed. In addition, the Shareholders voted in favor of the appointment of Crowe MacKay LLP as auditors of the Company and to re-approve the Company's amended and restated stock option plan.

Contact:

Mark A. Smith

Tel: +1 (303) 503-6203

Email: jim.sims@ibcadvancedalloys.com

About IBC Advanced Alloys Corp.

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. IBC's Copper Alloys Division manufactures and distributes a variety of copper alloys as castings and forgings, including beryllium copper, chrome copper, and aluminum bronze. IBC's Engineered Materials Division makes the Beralcast family of alloys, which can be precision cast and are used in an increasing number of defense, aerospace, and other systems, including the F-35 Joint Strike Fighter. IBC's has production facilities in Indiana and Massachusetts. The Company's common shares are traded on the TSX-V under the symbol 'IB' and the OTCQB under the symbol 'IAALF'.

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