Inventus Announces Conditional Acceptance of Early Warrant Exercise Incentive Program

Core Points - Inventus Mining Corp. has received conditional acceptance from the TSX Venture Exchange to initiate an early warrant exercise incentive program aimed at encouraging the early exercise of up to 15,000,000 outstanding common share purchase warrants [1][2] - The program allows holders to exercise their Eligible Warrants at a price of $0.09 until May 16, 2025, with additional incentives provided [2][6] - If all Eligible Warrants are exercised, the company expects to raise gross proceeds of up to $1,350,000 and issue up to 15,000,000 common shares and 15,000,000 Incentive Warrants [7] Incentive Warrant Details - Each Incentive Warrant is exercisable at $0.12 until November 6, 2026, with the possibility of an accelerated expiry if the company's share price exceeds $0.15 for a consecutive 20-day period [3][6] - The Incentive Warrants and any shares issued upon their exercise will be subject to a four-month hold period in accordance with Canadian securities laws [4] Company Overview - Inventus Mining Corp. is focused on mineral exploration and development in the Sudbury mining district of Ontario, with key assets including a 100% interest in the Pardo Paleoplacer Gold Project [6][8] - The company has approximately 183 million common shares outstanding [8]