VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 10/25/12 -- Shareholders of International PBX Ventures Ltd. (TSX VENTURE: PBX) overwhelmingly elected the slate of directors nominated by Terry Lynch, PBX's former president, at the company's annual meeting today.
The vote was approximately two-to-one in favour of Mr. Lynch's slate of highly-qualified and experienced nominees.
Your Company has battled through the Global Financial Crisis devastated 2011 - 12 session along with most other small cap explorers. And all the while most investors have remained sitting on their hands. The market caps of many exploration and producing companies have been decimated during this period, some even dropping to all-time lows - the hardest hit group being the small cap explorers, which, if they were offered [...]
International PBX Ventures announces the resignation of Mr. George Sookochoff as President and CEO effective immediately. Mr. Jeremy Caddy, currently a director of the Company, has been appointed interim president. The Board will immediately begin a search for a replacement president.
International PBX Ventures announces the removal of Mr. Terry Lynch as President effective immediately. Mr. Lynch will continue as a board member. Mr. George Sookochoff currently CEO of the company will take up the position of Interim President and CEO until such time as a new president can be found.
International PBX Ventures is pleased to announce that the TSX Venture Exchange has accepted for filing an option agreement dated May 22, 2012, and deed of amendment dated July 31, 2012, between OZ Exploration Chile Ltda., a wholly owned subsidiary of OZ Minerals Ltd., on the company's Copaquire property in northern Chile.Under the terms of the agreements, OZ Minerals can acquire up to a 90-per-cent interest in the [...]
International PBX is pleased to announce the results of its Special General Meeting of the shareholders held on August 3, 2012 where PBX shareholders voted on a resolution approving the Company’s definitive Joint Venture Option Agreement with OZ Exploration Chile Limitada, a wholly owned subsidiary of OZ Minerals Limited (ASX:OZL) of Melbourne, on PBX's Copaquire copper molybdenum property (“Copaquire”) in northern Chile [...]
PBX is pleased to announce that it has closed its private placement financing previously announced on June 22. The full private placement was oversubscribed such that the previously announced non brokered private placement of 7,500,000 Units at a price of Cdn. $0.08 per Unit for total gross proceeds of Cdn. 600,000 resulted in total gross proceeds of Cdn. $664,400 and the Company’s issuance of total 8,305,000 Units. The [...]
International PBX Ventures is pleased to announce that it has signed a definitive Joint Venture Option Agreement with OZ Exploration Chile Limitada, a wholly owned subsidiary of OZ Minerals Limited of Australia, on PBX's Copaquire copper molybdenum property in northern Chile. The Agreement is subject to shareholder and regulatory approval; a special shareholders meeting will be announced shortly.
International PBX Ventures announces that, The Special Meeting of shareholders of International PBX Ventures Ltd. held December 29, 2011 approved all resolutions on the agenda including the primary one, the spin-out of PBX's Chilean copper gold projects into Chilean Metals Exploration Ltd., a newly created company. A total of 36 shareholders representing 48,388,843 shares, or 38.8% of the Company's share capital, were [...]
International PBX Ventures announces that, subject to TSX Venture Exchange approval, it will raise up to $2,300,000 by way of a non-brokered private placement of ten million units at a price of $0.23 per unit. Each unit will consist of one common share and one-half of a warrant. One whole warrant entitles the holder to purchase one additional share at $0.33 per share for one year from the closing date of the private [...]
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