Inventus Mining Closes $1M Flow-Through Private Placement With Eric Sprott

Core Points - Inventus Mining Corp. has successfully closed a non-brokered private placement of 8,000,000 flow-through shares at a price of $0.13 per share, resulting in gross proceeds of C$1,040,000 [1][3] - Eric Sprott was the sole subscriber for the private placement, increasing his ownership from approximately 6.9% to 10.6% of the outstanding shares [3] - The proceeds from the private placement will be allocated to Canadian exploration expenses and flow-through mining expenditures, specifically for the Pardo and Sudbury 2.0 projects [6][7] Company Overview - Inventus Mining Corp. is focused on mineral exploration and development in the Sudbury mining district of Ontario, with key assets including the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project [9] - The company has approximately 203 million common shares outstanding [9]