PBX Announces Investor Relations Agreement

January 6, 2010

                                     
VANCOUVER, B.C.– International PBX Ventures Ltd. (the "Company") (TSX.V:PBX) announced today that it has engaged Mr. Ed Baer of Toronto to provide strategic investor relations consulting services to the company
Mr. Baer will assist PBX management with the development of effective communications and relationships with investors, analysts and the financial community and media to maximize the level of interest in PBX and achieve a fair valuation of PBX’s share price.

Under the four month Engagement Agreement Mr. Baer is to be paid a fee of $8,500 per month and has been granted a stock option agreement to purchase 400,000 shares of the Company at an exercise price of $0.13 per share. The grant of stock options shall vest pursuant to the vesting provisions, and terms and conditions of the Company's stock option plan and the policies of the TSX Venture Exchange.

About PBX
International PBX is a junior exploration company with several Copper, Molybdenum and Gold projects in Chile. The company has recently completed a positive preliminary assessment by AMEC Mining and Metals S.A. on its flagship 100% owned Copaquire Copper Molybdenum project located in Chile’s prolific copper porphyry belt. This copper rich belt hosts some of the largest copper mines and contains the highest concentration of copper in the world.

ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.

“George Sookochoff”

George Sookochoff, President & CEO

Neither the 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.