X0303 4 2010-05-27 1 0000813634 INTERNATIONAL ABSORBENTS INC IAX 0001246906 BENTLEY MICHAEL P 4337 PINE CRESCENT VANCOUVER BC CANADA A1 V6J4K9 BRITISH COLUMBIA, CANADA 1 0 0 0 Common Shares 2010-05-27 4 M 0 10000 3.25 A 0 D Common Shares 2010-05-27 4 M 0 10000 4 A 0 D Common Shares 2010-05-27 4 D 0 24000 4.75 D 0 D Stock Options 3.25 2010-05-27 4 M 0 10000 0 D 2007-07-13 2010-05-31 Common Shares 10000 0 D Stock Options 4 2010-05-27 4 M 0 10000 0 D 2008-07-19 2010-12-19 Common Shares 10000 0 D Pursuant to the Arrangement Agreement dated December 14, 2009 by and among the Issuer, IAX Aquisition Corporation and IAX Canada Acquisition Company Inc. (the "Arrangement Agreement") effective May 27, 2010, each common share was aquired by IAX Canada Acquisition Company Inc. for cash consideration equal to $4.75 per share. /s/ M. Bentley 2010-06-02