VANCOUVER, BC – February 5, 2008 – International Beryllium Corporation (TSX-V: IB) (“IBC” or the “Company”) is pleased to report that it has engaged the services of Excelsior Communications Incorporated (“Excelsior”) to strengthen its investor relations activities and effectively communicate shareholder value to investors.
Excelsior will provide in depth reports of the Company to qualified investors through internet media and presentations developed for industry meetings, conferences and tradeshows. Excelsior maintains its office in Toronto, Ontario. Miranda Bradley and Sangeet Dhaliwal, principals, founded Excelsior in 2006 and are joint managing partners. Excelsior and the managing partners deal at arm’s length with the Company. Neither Ms. Bradley and Ms. Dhaliwal nor Excelsior hold any interest, directly or indirectly, in IBC or its securities.
In connection with the engagement, IBC has entered into a twelve month contract commencing February 1, 2008, whereby, Excelsior will receive a fee of CDN$6,500 per month. The Company has also agreed to grant the principals of Excelsior an option to purchase 500,000 common shares of the Company at an exercise price of $0.59 per share. The options will have a two year term and will vest in accordance with the policies of the TSX Venture Exchange (“Exchange”).
The above-described consulting agreement and grant of options are subject to the policies of the Exchange. The term of the consulting agreement may be extended by mutual consent of IBC and Excelsior.
About Excelsior Communications Incorporated
Excelsior Communications is a full-service marketing communications and investor relations firm offering services specific to client needs. Assisting key public companies, Excelsior works to increase shareholder value by creating investor relations programs that raise awareness among stockbrokers, analysts, portfolio managers, institutional and venture capital investors, individual investors, and the media. Excelsior has a proven track record and experience in marketing and investor relations.
About International Beryllium Corporation
International Beryllium Corp. is a global exploration and development company focused on beryllium, beryllium oxides and beryllium master alloys. Beryllium and related alloys are used in a broad range of specialized industrial applications such as nuclear power, defence, electronics and automotive. International Beryllium’s common shares are traded on the TSX Venture Exchange under the symbol IB.
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release.
International Beryllium Corporation
Anthony G. Dutton, CEO
(604) 689-1515 ext 111
Email: [email protected]
Website: www.internationalberyllium.com
This news release was prepared by management of IBC, which takes full responsibility for its contents. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy of this news release. Neither 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.
Legal Notice Regarding Forward Looking Statements
This disclosure contains certain forward-looking statements that involve substantial known and unknown risks and uncertainties, certain of which are beyond the Company’s control including: the impact of general economic conditions in the areas in which the Company operates, industry conditions, changes in laws and regulations including the adoption of new environmental laws and regulations and changes in how they are interpreted and enforced, increased competition, the lack of availability of qualified personnel or management, fluctuations in commodity prices, foreign exchange or interest rates, stock market volatility and obtaining required approvals of regulatory authorities. In addition there are risks and uncertainties associated with manufacturing operations and mineral exploration, therefore the Company’s future results, performance or achievements could differ materially from those expressed in these forward-looking statements will transpire. All statements included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. These statements are based on assumptions made by the Company based on its experience, perception of historical trends, current conditions, expected future developments and other factors it believes are appropriate in the circumstances.
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