International PBX Ventures Announces Reinstatement of Trading on the TSX.V

#209 – 475 Howe St., Vancouver, B.C. Canada V6C 2B3 Tel: (604) 681-7748 Toll Free: 1-877-681-1154 Fax: (604) 681-0568 Web: www.internationalpbx.com

NEWS RELEASE

International PBX Ventures Announces Reinstatement of Trading on the TSX.V

March 12, 2012

VANCOUVER, B.C. – International PBX Ventures Ltd. (the "Company") (TSX.V:PBX) announces that following its March 7, 2012 press release announcing the revocation of cease trade order issued by the B.C. Securities Commission, its common shares will be reinstated for trading on the TSX Venture Exchange, effective as of market opening on Tuesday, March 13, 2012.

The Company would like to thank its shareholders for their patience and continuous support during the CTO period.

PDAC 2012

The company recently attended the 2012 PDAC in Toronto and hosted a very busy booth. The recently announced Sulfato copper resource on the Copaquire copper molybdenum project in Chile garnered significant interest and generated a great number of new leads and expressions of interest in assisting the company moving forward.

ON BEHALF OF THE BOARD OF DIRECTORS OF

INTERNATIONAL PBX VENTURES LTD.

“George Sookochoff”

George Sookochoff, President & CEO

Neither the 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.