International PBX Ventures Ltd.
TSX VENTURE : PBX

International PBX Ventures Ltd.

September 02, 2010 19:51 ET

CORRECTION FROM SOURCE: PBX Announces Grant of Options

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 2, 2010) - International PBX Ventures Ltd. (TSX VENTURE:PBX) (the "Company" or "PBX") announces that there was an error in the pricing of the stock options announced in its news release earlier today.

PBX announces that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 1,200,000 stock options to directors and officers for a 3 year term, at an exercise price of $0.27 per common share.

The Company also announces that pursuant to its Stock Option Plan, approved by the TSX Venture Exchange, the Company will be granting 200,000 stock options to a consultant for a one year term, at an exercise price of $0.27 per common share.

ON BEHALF OF THE BOARD OF DIRECTORS OF INTERNATIONAL PBX VENTURES LTD.

George Sookochoff, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

  • International PBX Ventures Ltd.
    George Sookochoff
    President & CEO
    (604) 681-7748 or Toll Free: 1-877-681-1154
    (604) 681-0586 (FAX)
    www.internationalpbx.com