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VANCOUVER, BC - May 25, 2016 - IBC Advanced Alloys Corp. (TSX-V: IB; OTCQB: IAALF) ('IBC' or the 'Company'), a leading beryllium, advanced alloys and precision castings company, announces the completion of a non-brokered post-consolidation private placement that raised C$7.46 million for the Company.

After launching on April 7, 2016 with a target of C$5.5 million, the Company's private placement expanded on May 5, 2016 to a C$7 million target (inclusive of approximately C$387,000 of accrued debt conversions). Because of continuing strong investor interest, the raise was able to close following TSX Venture Exchange approval of the additional C$400,000 in oversubscriptions.

The proceeds are designed to boost production capacity and revenue from IBC's Copper Alloys and Engineered Materials divisions and to provide general business working capital.

The capital raise is part of a larger corporate and capital restructuring of IBC, which includes a share consolidation that completed on May 24, 2016 and changes to the Company's management and directors.

'The success of this capital raise strongly positions IBC for our next era of growth, and I couldn't be more pleased with the outcome,' said Major General David ('Duncan') Heinz, IBC's new Chief Executive Officer. 'This capital infusion will enable us to expand our production capacity, improve production rates and yields, decrease outsourcing, and grow sales to existing and new markets. We are now ready to take this Company to the next level.'

The General added: 'I am also extremely pleased with the quality and geographic diversity of the many new investors who have joined the IBC family through our private placement. The entire leadership team at IBC looks forward to working very hard to delivering on the promise of this outstanding Company and to growing shareholder value over time.'

In connection with the closing of the private placement, the Company issued 19,893,670 post-consolidation units ('Units') at a price of $0.375 per Unit for gross proceeds of C$7,460,130 (the 'Offering'). Each Unit consists of one post-consolidation common share of IBC and one transferable common share purchase warrant (a 'Warrant'), with each Warrant entitling the holder to purchase one additional post-consolidation common share of IBC at a price of C$0.50 until May 24, 2021. The Warrants contain an acceleration provision, whereby in the event IBC trades at C$2.50 or greater for 21 consecutive trading days at any time after May 24, 2018, Warrant holders will have 60 days within which to exercise their Warrants, failing which the Warrants will expire (the 'Acceleration Provision').

In connection with the Offering, IBC paid finder's fees in the aggregate amount of C$203,212 cash and issued 907,000 nontransferable common share purchase warrants (each, a 'Finder's Warrant'). Each Finder's Warrant is exercisable for one post-consolidation common share of IBC at a price of C$0.375 until May 24, 2018, and contains the same Acceleration Provision as the Warrants comprising the Units. The Company also issued 233,000 units (the 'Finder's Units') in lieu of $87,375 in fees, each Finder's Unit having the same terms as the Units issued under Offering.

All securities issued in connection with this Offering, and all securities issued upon exercise of those securities, are subject to a four-month-and-one-day 'hold period' expiring on September 25, 2016 as prescribed by the TSX Venture Exchange and applicable securities laws.

While the Company intends to spend the available funds on this basis, there may be circumstances where, for sound business reasons, a reallocation of the available funds may be necessary.

On behalf of the Board of Directors

IBC ADVANCED ALLOYS CORP.

'Duncan Heinz'
David 'Duncan' Heinz, Maj Gen, USMC (ret)

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 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, Massachusetts, Pennsylvania, and Missouri. The Company's common shares are traded on the TSX Venture Exchange under the symbol 'IB' and the OTCQB under the symbol 'IAALF'.

Contacts

Jim Sims, Investor Relations/Public Relations

(303) 503-6203

Email: [email protected]

Ian Tootill, Director of Corporate Communications

(604) 685-6263 x 110

Email: [email protected]

Website: www.ibcadvancedalloys.com

@IBCAdvanced $IB $IAALF #Beryllium

CAUTIONARY STATEMENTS

This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, limited availability of raw materials, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing activities therefore the Company's future results, performance or achievements could differ materially from those expressed in these forward-looking statements. 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.

This release does not constitute an offer to sell or a solicitation of an offer to buy of any of the Company's securities in the United States. The securities described herein have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act'), or any state securities laws, and may not be offered or sold within the United States or to, or for the benefit of, U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities laws or pursuant to exemptions therefrom.