International PBX Ventures Completes Non Brokered Private Placement

International PBX Ventures Ltd. (TSXV:PBX) announced that it has closed its private placement financing previously announced on August 10, 2010.

The press release is quoted as saying:

The proceeds of the private placement will be used for continued exploration and working capital on its Copaquire copper molybdenum rhenium project located in Chile’s copper molybdenum porphyry belt.

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