International PBX Ventures Ltd.
TSX VENTURE : PBX

International PBX Ventures Ltd.

April 24, 2007 16:31 ET

International PBX Ventures Ltd.: (TSX-V) Financial Advisory Service Engaged

VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - April 24, 2007) - International PBX Ventures Ltd. (TSX VENTURE:PBX) is pleased to announce that it has engaged Casimir Capital LP, New York, to provide financial advisory services including mergers and acquisitions consulting for an initial term of one year. With the continuing success at the Copaquire molybdenum property in Chile, the company believes that the association with Casimir should assist in creating shareholder value.

Copaquire is located in northern Chile on the west fissure which hosts some of the largest copper-molybdenum porphyry mines in the world. It is the last well-exposed major porphyry system in Chile yet to be fully explored. The company has an option to purchase a 100 per cent interest in the property.

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

Dr. Gary Medford, P.Geo., President and CEO

The company relies on "forward-looking" statement litigation protection.

TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

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