IBC Advanced Alloys Announces Amendment of Existing Credit Facility

FRANKLIN, IN / ACCESS Newswire / May 4, 2026 / IBC Advanced Alloys Corp. ("IBC" or the "Company") (TSXV:IB)(OTCQB:IAALF) is pleased to announce that certain of the Company's U.S. subsidiaries (the "Subsidiaries") have entered into an amendment (the "Amendment") with Sallyport Commercial Finance, LLC (the "Lender"), assignee of Iron Horse Credit LLC's entire lending portfolio, to amend the existing credit and security agreement with the Lender (the "Credit Agreement"), increasing the available credit under the Credit Agreement from US$6,000,000to US$7,000,000 and extending the maturity date of the Credit Agreement until September 30, 2028. A US$10,000 fee was also paid to the Lender upon signing of the Amendment.