The Fort Worth Press - Inventus Announces Closing of $2.5 Million Non-Brokered Flow-Through Financing

USD -
AED 3.67315
AFN 63.511051
ALL 81.449759
AMD 370.779968
ANG 1.789884
AOA 917.999667
ARS 1392.797302
AUD 1.38858
AWG 1.8
AZN 1.700325
BAM 1.669697
BBD 2.01454
BDT 122.725158
BGN 1.668102
BHD 0.377625
BIF 2975
BMD 1
BND 1.275896
BOB 6.911331
BRL 4.971021
BSD 1.000226
BTN 94.881811
BWP 13.592996
BYN 2.822528
BYR 19600
BZD 2.011629
CAD 1.357645
CDF 2320.00022
CHF 0.78148
CLF 0.022892
CLP 900.970009
CNY 6.82815
CNH 6.83216
COP 3656.83
CRC 454.73562
CUC 1
CUP 26.5
CVE 94.502255
CZK 20.789701
DJF 177.720213
DKK 6.37111
DOP 59.397745
DZD 132.418939
EGP 53.577701
ERN 15
ETB 156.950004
EUR 0.85259
FJD 2.192106
FKP 0.741296
GBP 0.735055
GEL 2.685018
GGP 0.741296
GHS 11.195029
GIP 0.741296
GMD 73.495805
GNF 8777.496152
GTQ 7.641507
GYD 209.25239
HKD 7.83305
HNL 26.620031
HRK 6.422797
HTG 131.024649
HUF 310.668501
IDR 17319.1
ILS 2.95247
IMP 0.741296
INR 94.75935
IQD 1310
IRR 1314999.99999
ISK 122.603014
JEP 0.741296
JMD 156.725146
JOD 0.708968
JPY 157.118023
KES 129.175012
KGS 87.420498
KHR 4012.500169
KMF 420.000174
KPW 899.850687
KRW 1473.829896
KWD 0.30729
KYD 0.833543
KZT 463.288124
LAK 21964.84907
LBP 89617.037989
LKR 319.671116
LRD 183.536604
LSL 16.65974
LTL 2.95274
LVL 0.60489
LYD 6.355012
MAD 9.234038
MDL 17.233504
MGA 4159.999888
MKD 52.5338
MMK 2099.682501
MNT 3578.099757
MOP 8.070846
MRU 39.990251
MUR 47.040179
MVR 15.455019
MWK 1741.491881
MXN 17.459602
MYR 3.969662
MZN 63.904994
NAD 16.660111
NGN 1374.500203
NIO 36.720128
NOK 9.265495
NPR 151.803598
NZD 1.693435
OMR 0.384499
PAB 1.000201
PEN 3.507696
PGK 4.340127
PHP 61.322963
PKR 278.735096
PLN 3.629525
PYG 6151.626275
QAR 3.658104
RON 4.434296
RSD 100.076987
RUB 74.966513
RWF 1462.265158
SAR 3.75023
SBD 8.048583
SCR 14.624999
SDG 600.498255
SEK 9.239598
SGD 1.273385
SHP 0.746601
SLE 24.597874
SLL 20969.496166
SOS 571.601766
SRD 37.457976
STD 20697.981008
STN 20.918091
SVC 8.7523
SYP 110.644079
SZL 16.77204
THB 32.519986
TJS 9.381822
TMT 3.505
TND 2.919452
TOP 2.40776
TRY 45.144301
TTD 6.789386
TWD 31.583996
TZS 2605.000291
UAH 43.949336
UGX 3760.987334
UYU 39.889518
UZS 11937.49782
VES 485.587755
VND 26356
VUV 118.50632
WST 2.712188
XAF 560.041494
XAG 0.013425
XAU 0.000216
XCD 2.70255
XCG 1.80265
XDR 0.697718
XOF 559.498782
XPF 101.824143
YER 238.625
ZAR 16.675415
ZMK 9001.202337
ZMW 18.67895
ZWL 321.999592
  • CMSC

    0.0000

    22.82

    0%

  • JRI

    0.2500

    12.99

    +1.92%

  • RBGPF

    0.2800

    63.75

    +0.44%

  • CMSD

    0.0700

    23.13

    +0.3%

  • BCE

    0.5200

    23.78

    +2.19%

  • BTI

    1.3500

    58.8

    +2.3%

  • GSK

    0.9100

    52.31

    +1.74%

  • NGG

    3.5600

    89.54

    +3.98%

  • RIO

    3.9900

    100.48

    +3.97%

  • BCC

    0.2700

    79.27

    +0.34%

  • BP

    0.5800

    47.38

    +1.22%

  • RELX

    0.7900

    36.59

    +2.16%

  • RYCEF

    0.5800

    15.8

    +3.67%

  • AZN

    2.1700

    187.37

    +1.16%

  • VOD

    0.4600

    15.8

    +2.91%

Inventus Announces Closing of $2.5 Million Non-Brokered Flow-Through Financing
Inventus Announces Closing of $2.5 Million Non-Brokered Flow-Through Financing

Inventus Announces Closing of $2.5 Million Non-Brokered Flow-Through Financing

Not for Distribution to United States Wire Services or Dissemination in the United States

Text size:

TORONTO, ON / ACCESS Newswire / April 30, 2026 / Inventus Mining Corp. (TSXV:IVS) ("Inventus" or the "Company") is pleased to report that it has closed the previously announced non-brokered flow-through private placement of 8,771,930 flow-through common shares of the Company (the "FT Shares") at a price of $0.285 per FT Share, for total gross proceed of $2.5 Million (the "Offering").

Proceeds of the Offering, along with anticipated bulk sample cash-flow, will be used to accelerate exploration drilling at the Pardo Gold Project prior to the Company's maiden resource estimate and will be used to incur "Canadian exploration expenses" as defined in subsection 66.1(6) of the Income Tax Act and "flow-through mining expenditures" as defined in subsection 127(9) of the Income Tax Act. Such proceeds will be renounced to the subscribers with an effective date not later than December 31, 2026, in the aggregate amount of not less than the total amount of gross proceeds raised from the issue of the FT Shares.

In connection with the closing of the Offering, the Company paid finders' fees to certain arm's length parties of an aggregate $137,216 in cash and 481,460 finder warrants (the "Finder Warrants"). Each Finder Warrant entitles the holder thereof to purchase one (1) common share of the Company (a "Finder Warrant Share") at an exercise price of $0.285 per Finder Warrant Share for a period of twenty-four (24) months from the closing of the Offering.

The Offering of the FT Shares is subject to the receipt of all required corporate and regulatory approvals including the approval of the TSX Venture Exchange. All securities issued and issuable pursuant to the Offering will be subject to a four-month and one day statutory hold period.

In connection with the Offering, Glen Milne and William Fisher, directors of the Company (the "Insiders"), acquired an aggregate of 437,957 FT Shares under the Offering. The issuance of FT Shares to the Insiders is considered a related party transaction subject to MI 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on the exemption from minority shareholder approval requirements set out in MI 61-101 as the fair market value of the participation in the Offering by the Insiders does not exceed 25% of the market capitalization of the Company, as determined in accordance with MI 61-101.

This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

Neither 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.

For further information visit www.inventusmining.com, or contact:

Wesley Whymark
CEO
Inventus Mining Corp.
E-mail: [email protected]
Phone: 705-822-3005

Social Media Accounts

X
LinkedIn
YouTube
Facebook

About Inventus Mining Corp.

Inventus is a mineral exploration and development Company focused on the world-class mining district of Sudbury, Ontario. We have a 100% interest in our principal assets, the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project, located northeast of Sudbury. The Pardo Gold Project is the first important paleoplacer gold discovery in North America. Inventus has approximately 211 million common shares outstanding.

Forward-Looking Statements

This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "if", "yet", "potential", "undetermined", "objective", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to the failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, and those risks set out in the Company's public documents filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

SOURCE: Inventus Mining Corp.



View the original press release on ACCESS Newswire

D.Ford--TFWP