International Bethlehem Extends Term of Share Purchase Warrants


May 27, 2011

West Vancouver, British Columbia â€" International Bethlehem Mining Corp. (the “Company” or “International Bethlehem”) wishes to announce the extension of the term for certain previously issued share purchase warrants.

In connection with a private placement that the Company completed on June 11, 2009, an aggregate of 5,000,000 share purchase warrants (the “Warrants”) were issued with an exercise price of $0.10 per share and an expiry date of June 11, 2010. By letter dated May 21, 2010, the TSX Venture Exchange accepted the Company’s application to extend the Warrants by one year to June 11, 2011 with the exercise price of $0.10 per share remaining unchanged. The Company has filed a further application with the TSX Venture Exchange to extend the term for exercising the Warrants by one additional year to June 11, 2012, with the exercise price of $0.10 per share remaining unchanged.

For further information, contact Mr. Clive Shallow, Shareholder Communications, at 604-922-2030, Robert A. Young, Investor Relations, at 604-682-5123 or visit the Company’s website at www.bethlehemmining.com .

 

International Bethlehem Mining Corp.

“Douglas L. Mason”
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Douglas L. Mason, Director (Chairman)

 

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.