IBC Advanced Alloys Corp. (IAALF: OTCQB) | IBC Announces Incentive Stock Option Awards
Stock Options Announcement: IBC Advanced Alloys Corp. (TSXV: IB, OTCQB: IAALF) has granted 2,975,000 incentive stock options to its directors, officers, employees, and consultants.
Exercise Price and Expiration:
The options can be exercised at a price of C$0.09 per share.
They will expire on January 27, 2030.
All options vest immediately.
Strategic Purpose: This move aims to enhance employee motivation and align their interests with the company’s performance, potentially strengthening IBC’s market position in advanced copper alloys.
Company Overview:
IBC Advanced Alloys specializes in manufacturing advanced copper alloys for various industries including defense, aerospace, automotive, and telecommunications.
The company operates a vertically integrated production facility in Franklin, Indiana.
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