Company Information for International Barytex Resources Ltd

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Company Statement

International Barytex Resources Ltd. (Barytex) is a Canadian mineral exploration company managed by capable professionals with successful track records and many years of experience in the mineral exploration and development industry. The management of Barytex is focused on the identification and exploration of economically attractive metallic mineral deposits.

Current Operations

Shituru Copper/Cobalt Deposit
The Shituru deposit is a high grade oxide copper resource amenable to open pit mining. A feasibility study is currently underway with expected completion for mid 2008.  Barytex has an option to acquire up to an 86.67% interest in stages in East China Capital Investments Ltd. (ECCI) whose sole asset is an option to acquire a 75% share interest in the Shituru Copper-Cobalt deposit from Generale Des Carrieres et des Mines ("Gecamines"). When fully exercised the interests in the Shituru Property will be indirectly held 65%.

Shituru Project Sale – Update
International Barytex Resources is pleased to announce that it has reached an agreement with Touch Lucky Investments Limited (“TLIL”) to sell its interest in the Shituru Project in the Democratic Republic of Congo.  TLIL has completed its due diligence and is committed to proceed with the purchase of the copper project. 

Management is encouraged by the sale of the project and believes it will provide a timely opportunity to the Company to target other projects and new business ventures in anticipation of the market improving in the months ahead.

Geographical Spread

Africa – DRC, also hold zinc properties in Yukon Territory, Canada

Board of Directors and Key Management

Dr.Roman Shklanka	Chairman and Director
Mr. Leo King	President and Director
Alf Hills	CEO, Director
Mr. Theodore Muraro	Vice-President Exploration and Director
Mr. Anthonie Luteijn	Director
Samuel Yik	CFO
Mr. William Pillipow	Director

Company Address Suite 1700 - 700 West Pender St. Vancouver, British Columbia, Canada V6C 1G8 Telephone: +1 604 688 9368 Facsimile: +1 604 688 9336 Email: investor[at]barytex.com Website: http://www.barytex.com

Capital Shares Issued and Outstanding; 55,894,525 Stock Options; 3,069,000 Warrants; 7,008,750 Fully Diluted; 65,972,275

Year End December 31

Related News

22/04/09 - Plenty Of Directors Of Junior Mining Companies Would Give Their Eye Teeth To Be In The Same Position As International Barytex At The Moment
09/12/08 - International Barytex Will Become An Acquisitor Early Next Year When Touch Lucky Investments Pays Up For Shituru
23/09/08 - Good Feasibility Study Results For Barytex: Next Step, DRC Contract Negotiations
24/07/08 - International Barytex Is Almost Ready To Start Development At Shituru, So Long As The Congolese Government Lets It

Most Recent Statement

06/05/09 - Update on Shituru Project – Sale
26/03/09 - Update on Shituru Project – Sale
26/02/09 - NEWS RELEASE - CORRECTION
25/02/09 - Grant of stock options
27/01/09 - Shituru Sale - Commitment Received
19/12/08 - IBX Announces Closing of Second Private Placement