IBC Advanced Alloys Announces Closing of Initial US$1,250,000 Funding by The Lind Partners

Executive Summary

• IBC Advanced Alloys Corp. closed an initial funding tranche under its convertible security agreement with Lind Global Fund III, receiving US$1,250,000 (C$1,702,125) after fees.
• The financing consists of an uncertificated convertible security (principal US$1,250,000; face value US$1,500,000) and 3,943,948 common share purchase warrants priced at C$0.2526, exercisable for 24 months.
• Proceeds are earmarked for working capital and general corporate purposes; the securities are subject to a four‑month‑plus‑one‑day hold period and were conditionally approved by the TSX Venture Exchange.

Key Details

• Funding Amount: US$1,250,000 (C$1,702,125) net of a closing fee of US$62,500 (C$85,106.25).
• Convertible Security: Uncertificated; principal amount US$1,250,000; aggregate face value US$1,500,000 (C$2,042,550).
• Warrants Issued: 3,943,948 common share purchase warrants.
• Warrant Terms: Exercise price C$0.2526 per share; exercisable for 24 months from issuance.
• Use of Proceeds: Working capital and general corporate purposes.
• Regulatory Approval: Conditionally approved by the TSX Venture Exchange on February 17, 2026.
• Hold Period: Securities subject to a hold period of four months and one day.
• Reference: Further details available in the Company’s news release dated February 17, 2026.

Notable Quotes

“On Behalf of the Board of Directors: Mark A. Smith, Chairman of the Board.”

This summary excludes boilerplate company descriptions, forward‑looking disclaimer language, and contact information.