Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: CAYMAN who wrote (6389)	7/10/2002 11:01:15 PM
From: CAYMAN	Read Replies (1) of 6467

Int'l Bio-Recovery settles with Dixon for $37,500 cash International Bio-Recovery Corp IBR Shares issued 16,066,094 Jul 9 2002 close $ 0.68 Tuesday July 9 2002 News Release Mr. Ben Van Dyk reports FRANK DIXON RESIGNS FROM IBR'S BOARD Further to the news in Stockwatch on the resignation of Frank Dixon as president and chief executive officer of International Bio Recovery on June 27, 2002, the TSX Venture Exchange expressed concerns with respect to the issuance of 75,000 common shares of IBR at no value that being part of his severance package and therefore IBR has settled with Mr. Dixon with a $37,500 cash payment in lieu of the share issuance. Mr. Dixon has resigned from the board of directors effective immediately. stockwatch.com

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