09:46 AM EST - International PBX Ventures Ltd. : announced that it is proposing a consolidation of its issued and outstanding common shares on the basis of one post-consolidation common share for every 10 pre-consolidation common shares (referred to as the "consolidation ratio"). In addition, the Company proposes to change its name to Chilean Metals Ltd. or such other name as may be approved by the Company's Board of Directors and applicable regulatory authorities. International PBX Ventures Ltd.
shares V.PBX are trading unchanged at $0.02.
