International PBX Ventures - IVU Message Board

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Gold/Mining/Energy : International PBX Ventures - IVU

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To: Eric Rojas who wrote (15)	3/27/1997 12:18:00 AM
From: John Barendrecht	of 40

Private Placement-Non-Brokered Released on March 26, 1997 The Vancouver Stock Exchange has accepted for filing documentation with respect to a Non-Brokered Private Placement announced February 28, 1997: Number of Shares: 150,000 shares Purchase Price: $1.36 per share Warrants: 150,000 non-transferable share purchase warrants to purchase 150,000 shares Warrant Exercise Price: $1.36 for a one year period $1.56 in the second year Placees: Corderey Investments Ltd. (Bruce Twa)75,000 Pickwick Explorations Ltd. (Gary and Karen Medford) 75,000 These securities have not yet been issued. The Company shall issue a news release if the private placement does not close promptly.

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