International PBX Ventures is pleased to provide its shareholders with the following update. PBX has completed its private placement of convertible secured debentures for total proceeds of $934,380 with an interest rate of 14% paid semi-annually with first payment due on December 1, 2013. The debenture becomes convertible if not repaid prior to December 1 2013. The conversion price is $0.06 per share, at the holder’s [...]
PBX is pleased to provide its shareholders with the following update. PBX is pleased to announce that it has completed a private placement of an unspecified number of convertible secured debentures with an interest rate of 14% paid semi-annually with first payment on December 1 for gross proceeds of up to $1,250,000 with a conversion price of $0.06 per Unit, convertible after December 1, 2013 at the holder's option if the [...]
VANCOUVER, B.C. - International PBX Ventures Ltd. ("PBX" or the "Company") (TSX.V:PBX) is pleased to announce the appointment of Mr. James Albrecht (CA, HBBA) to the position of CFO for the Company. James replaces Mr. Peter Kohl as CFO. Peter will remain a consultant to the company for a transition period of three months.
International PBX Ventures Ltd. provides its shareholders with the following update. Oz Exploration Chile Limitada a subsidiary of Australian based Oz Minerals ("Oz") has provided an update on its activities at the Copaquire project in Chile. Copaquire is comprised of three seperate permit areas, Marta, Cerro Moly and Sulfato. OZ initial focus at Copaquire was to gain a broader geological understanding of the [...]
VANCOUVER, B.C. - International PBX Ventures Ltd. ("PBX" or the "Company") (TSX.V:PBX) announced today that, further to the private placement announced on December 10th, it has completed the financing and has received TSX.V approval.
VANCOUVER, B.C. - International PBX Ventures Ltd. ("PBX" or the "Company") (TSX.V:PBX) is pleased to announce that Oz Minerals has commenced its drilling program on Copaquire.
VANCOUVER, B.C. - International PBX Ventures Ltd. ("PBX" or the "Company") (TSX.V:PBX) is pleased to announce the appointment of Mr. Chris Hodgson (Ph.D. Geology, P.Eng.) to the position of Vice President, Exploration for the Company.
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 [...]