International Bio Recovery Corporation announces options grant

TSX Venture Exchange symbol: IBR

VANCOUVER, Oct. 30 /CNW/ - International Bio Recovery Corporation ("IBR") (TSX-V: IBR) an environmental biotech company with a proprietary technology to convert organic waste into environmentally progressive soil fertility products, today announced that it has granted 900,000 incentive stock options to directors and employees of the Company. The options have an exercise price of $0.15 per share and will expire on October 30, 2014. Shares issued pursuant to this grant will be subject to a four-month trading hold period expiring February 30, 2010.

About IBR

Located in North Vancouver, BC, IBR is committed to research and development to continue to improve the efficiency of its technology and the quality of Genica branded fertility products and is further committed to developing a world wide marketing capability to ensure market acceptance of the fertility products.

    
    THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY
    OR THE ACCURACY OF THIS RELEASE.
    

SOURCE INTERNATIONAL BIO-RECOVERY CORPORATION

For further information: For further information: Henry J. Bow, President and CEO, IBR, (604) 924-1023 ext 304, (604) 924-1043 fax, hbow@ibrcorp.com; Bob Nowell, CFO and Corporate Secretary, IBR, (604) 924-1023, (604) 924-1043 fax, bnowell(a),ibrcorp.com

Organization Profile

INTERNATIONAL BIO-RECOVERY CORPORATION

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