Business
Inventus Mining Closes Property Acquisitions
TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) ("Inventus" or the “Company”) is pleased to announce that it has closed the
About this update from Inventus Mining Corp.
[{"type":"text","content":" TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (\"Inventus\" or the “Company”) is pleased to announce that it has closed the acquisition of the Wolf Lake, Cobalt Hill and Rathbun properties. In connection with the transaction, Inventus has issued 5 million common shares to Cooksville Steel Limited (\"Cooksville\") and has appointed Robert Miszczuk, President of Cooksville, as a director of the Company. Robert Scott Heatherington has resigned as a director to allow for Mr. Miszczuk’s appointment. We are very thankful to Mr. Heatherington for his leadership and support while acting as a director since 2015. Sudbury 2.0 Drilling Program The 3,000 m winter drill program at Wolf Lake and Cobalt Hill resumed on January 6th after breaking for the holidays. Warrants Exercised Inventus is pleased to report that since December 1st, 2020, it has received proceeds of $450,000 from the exercise of warrants. For further information, please contact: Mr. Stefan SpearsChairman and CEOInventus Mining Corp.Tel: (647) 258-0395 x280E-mail: [email protected] About Inventus Mining Corp. Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Project located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. 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. No stock exchange, regulation services provider, securities commission or other regulatory authority has approved or disapproved the information contained in this news release. 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”, “pot...