IBC Advanced Alloys Corp. (TSX.V:IB) (IBC) has closed its previously announced short-form prospectus offering, raising gross proceeds of $8.05 million. Euro Pacific Canada Inc. and Raymond James Ltd. acted as agents for IBC with respect to the sale of 38,888,888 units of IBC. The unit offering price was $0.18 per unit.
The agents were advised by a team of Fasken Martineau lawyers that included, among others, Krisztián Tóth, Alex Nikolic and Kelly McDonough.