International PBX Ventures Ltd. (the "Company") (TSX.V:PBX) is pleased to announce the
appointment of Mr. Jeremy Caddy, BSc(Eng) in Mining,
C.Eng., FIMMM. to the Board of Directors of the
Company effective immediately.
Mr. Caddy is a mining engineer with over three decades
of experience in the industry, including four years in Broken Hill, Australia
with Consolidated Zinc Corporation (now Rio Tinto), followed by five years with
consultants Kenneth McMahon & Partners of Sydney, Australia and three years
in Malaysia serving as the CEO of a mining investment firm.
Jeremy was president of Vancouver listed mining
company Richlode Investments Ltd. He restructured Richlode in 1998 as Thundelarra
Exploration Ltd. and became President and CEO. Thundelarra
delisted in 2003 and continued on the ASX in Australia.
In 1998 he became President of Vancouver listed mining
company Quattro Resources Ltd. Caddy restructured Quattro in 2001 as Aldershot Resources Ltd and became President and CEO.
�I am delighted that Jeremy will be joining our team
at PBX, where I am confident he will make a valuable contribution to the next
phase of our Company�s growth and development strategy,� stated Mr. George Sookochoff, President and CEO. �Jeremy brings to the Board
a wealth of experience of financing and project engineering.
The Company also announces the resignation of Dr. Gary
Medford from the Company's Board of Directors effective immediately to pursue
other activities. The Company would like to thank Dr. Medford for his services
over the years. Dr. Medford will provide geological consulting services to the
company as required.
ON BEHALF OF THE BOARD OF DIRECTORS OF
INTERNATIONAL PBX VENTURES LTD.
�George Sookochoff�
George Sookochoff, President & CEO, Director