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

About this update from Inventus Mining Corp.

TORONTO, ON / ACCESS Newswire / April 27, 2026 / Inventus Mining Corp. (TSXV:IVS) ("Inventus" or the "Company") is pleased to announce an upsize to its previously announced non-brokered flow-through private placement of common shares for gross proceed of up to $2.5 Million (the "Offering"). The Offering will consist of up to 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 up to $2.5 Million. 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. The Offering is expected to close on or around April 30, 2026 and is subject to the receipt of all required corporate and regulatory approvals including the approval of the TSX Venture Exchange (the "TSX-V"). In connection with the Offering, the Company may, in accordance with the policies of the TSX-V, pay finders' fees to arm's length parties of up to 6% of the gross proceeds from FT Shares issued pursuant to subscriptions introduced by such parties, payable in a combination of cash and finders' warrants. All securities issued and issuable pursuant to the Offering will be subject to a four-month and one day statutory hold period. The Company also anticipates that insiders may subscribe for FT Shares. The issuance of FT Shares to 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 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 th...

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