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INTERNATIONAL VERONEX CONSENTS TO THE REMOVAL OF ITS COMMON STOCK FROM THE AMERICAN STOCK EXCHANGE

 VANCOUVER, British Columbia, Jan. 7 /PRNewswire/ -- International Veronex Resources Ltd. (AMEX: VX) (VSE: IVX) (the "company") announced today that it is consenting to the removal of its common stock from the American Stock Exchange (AMEX).
 This action became necessary because International Veronex Resources Ltd. no longer fully satisfies all the financial guidelines of the AMEX for continued listing. The AMEX has advised the company that the last day for trading of International Veronex Resources Ltd. stock on the AMEX will be Jan. 29, 1993. The company's common stock currently trades on the Vancouver Stock Exchange under the symbol IVX. The officials of International Veronex Resources Ltd. expect that a market for its common stock will also develop in the United States over-the-counter following removal from the AMEX.
 International Veronex Resources Ltd. is an international diversified natural resource company with commercial interests in Indonesia, and gold exploration and development interests in Canada and Papua New Guinea.
 The Vancouver Stock Exchange has neither approved nor disapproved this news release.
 -0- 1/7/93
 /CONTACT: David Wooldridge of International Veronex Resources Ltd., 310-861-0383, or by fax 310-861-1256/
 (VX IVX)


CO: International Veronex Resources Ltd. ST: IN: MNG SU:

BM -- CL017 -- 2733 01/07/93 14:34 EST
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Publication:PR Newswire
Date:Jan 7, 1993
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