IBC Advanced Alloys Secures $1.25M Funding Agreement with Lind Partners

IBC Advanced Alloys Corp. has announced the execution of a convertible security funding agreement with Lind Global Fund III, LP, managed by The Lind Partners, LLC. The agreement includes an initial funding of US$1.25 million, with a prepaid interest amount summing up to a total face value of US$1.5 million. This convertible security comes with a 24-month term during which Lind can convert the principal amount into common shares at C$0.205 per share.

The agreement allows for monthly repayments of US$75,000, which can be reduced by converting amounts into common shares. Lind has the option to reinvest an additional US$1.25 million under similar terms. The issuance will follow private placement rules with certain restrictions under U.S. securities laws.

The funding aims to bolster IBC's working capital and support general corporate purposes. The closing of this investment is anticipated around February 20, 2026, pending regulatory approvals.