Update on Shituru Project - Sale

    TSX-V: IBX


SOURCES LTD. ("the Company") (TSX-V: IBX) reports it has received, in full, from Touch Lucky Investments Limited ("Touch Lucky") the first of two payments related to the sale of East China Capital Holdings Limited and its interest in the Shituru Copper project located in the Democratic Republic of Congo ("DRC"). This first payment was received in accordance with the previously reported terms of the amended Sales Purchase Agreement ("SPA"). Under the SPA the second, final, payment is due on or before July 21, 2009. President Leo King states, "We wish Touch Lucky every success with the Shituru project and its endeavours in the DRC. With the receipt of this first payment the Company has completed its activities in the DRC and will now step up its activity in looking for new business opportunities" On behalf of the Board of Directors INTERNATIONAL BARYTEX RE

SOURCES LTD. "Leo King" ----------------------------------- Leo King President and Director Some statements in this news release contain forward-looking information. These statements address future events and conditions and, as such, involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the statements. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

For further information:

For further information: International Barytex Resources Ltd.: Leo King,
President or Alf Hills, CEO, (604) 688-9368, Fax: (604) 688-9336,

Organization Profile


More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890