Invenio Appoints New President and CEO

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[{"type":"text","content":"\nInvenio Appoints New President and CEO\n\n\n Dec. 16, 2010 (Filing Services Canada) -- Invenio Resources Corp. (IVO - TSX Venture), announces that Ken Booth has been appointed as a Director and the President and Chief Executive Officer of the Company.  Mr. Booth has been associated with the mining industry for over 25 years as a geologist, investment banker and executive of junior mining companies.  In mining corporate finance he worked for two of Canada's largest investment banks executing numerous equity financings for junior and senior companies and was involved in a variety of significant mergers and acquisitions.  While working for resource companies, Mr. Booth held several positions including CEO and vice president of corporate development and was instrumental in raising equity funding and negotiating property acquisition and joint ventures.  Mr. Booth holds an MBA from St. Mary's University and a B.Sc. (Honours) Geology from Carleton University.  He is currently on the Board of Directors of Gitennes Exploration and El Tigre Silver.The Company also announces that it has granted incentive stock options for the purchase of a total of 1,200,000 common shares of the Company at a price of $0.25 each until December 15, 2015. The options are being granted pursuant to the terms of the Company's stock option plan. During the previous year the Company received loans in the amount of $50,000 for working capital purposes, which loans have now been repaid in full.  Subject to regulatory acceptance, the Company proposes to issue 40,000 common shares at a deemed price of $0.25 per share as a bonus to the lenders in consideration of the risks taken in lending such funds.ON BEHALF OF THE BOARD OF INVENIO RESOURCES CORP.\"Allan Williams\"Director\"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\"INVENIO RESOURCES CORP.Suite 615 - 800 West Pender StreetVancouver, B.C., V6C 2V6604-787-5653Source: Invenio Resources Corp. (TSX-V IVO)Maximum News Dissemination by Filing Services Canada Inc. *www.usetdas.com\n\n\n\n","length":2468,"tagName":"div"}]

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