Molybdenum

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

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.

Click here to access the entire press release

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