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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (34727)	3/26/2009 8:13:12 PM
From: LoneClone	Read Replies (1) of 193988

Update on Shituru Project - Sale Thu Mar 26, 9:00 AM ca.news.finance.yahoo.com TSX-V: IBX VANCOUVER, March 26 /CNW Telbec/ - INTERNATIONAL BARYTEX RESOURCES LTD. ("the Company") (TSX-V: IBX.V) reports that it has fulfilled all its obligations required to be completed on the closing date of March 23, 2009 related to the sale of East China Capital Holdings Ltd. and its interest in the Shituru copper project located in the Democratic Republic of Congo. The Purchaser, Touch Lucky Investments Limited, has confirmed its intention to complete the sale. The Purchase price is to be paid in two installments. The first payment is due within one month of the closing date and the second on or before July 21, 2009 On behalf of the Board of Directors INTERNATIONAL BARYTEX RESOURCES LTD. "Leo King" ---------------------- Leo King President and Director Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release. Contacts International Barytex Resources Ltd.: Leo King President or Alf Hills CEO (604) 688-9368 Fax: (604) 688-9336 investor@barytex.com

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