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IBEX Completes Fifth and Final Payment for Arthritis Biomarkers (SYS-CON Media)

IBEX Technologies Inc. (TSX: IBT) today announced that it has completed its fifth and final payment to former HDM Diagnostics & Imaging Inc. (”HDM”) shareholders to retain the exclusive rights to its portfolio of arthritis biomarkers. In fulfilling its final payment, IBEX issued 1,633,186 common shares, valued at $200,000 (as at July 13, 2007). After giving effect to the fifth-year payment to …

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