December 11 , 2006
International PBX Ventures Ltd. “PBX” has chosen Marketsmart Communications Inc. as its western North American investor relations firm, effective December 11, 2006. Marketsmart, a Vancouver based IR firm that has been representing companies in the resource sector since 2002, will receive a fee from PBX of $6000 per month during the initial 6-month term of the engagement. PBX has issued 100,000 options to Marketsmart to acquire common shares of the company exercisable at $0.45 and vesting over a one year period, with a quarter of the options vesting at the end of each 3-month period subject to regulatory approval.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
Gary Medford, Ph.D., P.Geo.
PRESIDENT AND CEO
Office: 604 681 7748
Toll Free: 1 877 681 1154
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
The company relies on “forward- looking” statement litigation protection.