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IBI Corporation
In early 2006, IBI Corporation, (“IBI” TSX-V) made a decision to change its strategy from being a single industrial minerals company successfully mining and globally marketing vermiculite, to become a high-value minerals exploration and development company, focused on Uganda.
Subsequently, IBI sold its Namekara Uganda Vermiculite Mine to mining giant Rio Tinto for US $5 million in March 2007, with final closing in March of 2008.
The Company’s strategic mission in Uganda is now twofold: exploration for and development of potential uranium resources and investing in promising gold opportunities.
IBI’s geophysics consultants, Paterson, Grant & Watson are currently developing recommendations for thorough ground exploration programs on the Company’s extensive uranium lands – a key building block in the company’s overall uranium strategy for Uganda.
Contact Us
110 Ambleside Drive
Port Perry, ON
Canada
L9L 1B4
Telephone: 905-985-6510
Fax: 905-326-0232
Investor Relations
Dennis C. Mellersh
Toronto Ontario
Canada
Telephone: 416-754-4454
E-mail: ir@ibinvest.com
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