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

About this update from Inventus Mining Corp.

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 61-10...

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