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Inventus Mining Closes $1M Flow-Through Private Placement With Eric Sprott
Globenewswire· 2025-05-22 20:23
Not for Distribution to United States Wire Services or Dissemination in The United States TORONTO, May 22, 2025 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) (“Inventus” or the “Company”) is pleased to report that it has closed a non-brokered private placement of 8,000,000 flow-through shares within the meaning of the Income Tax Act (Canada) (“FT Shares”), which were sold at $0.13 per FT Shares for gross proceeds of $1,040,000 (the “Private Placement”). Mr. Eric Sprott was the sole subscriber ...
Inventus Completes Early Warrant Exercise Incentive Program
Globenewswire· 2025-05-20 22:12
Core Points - Inventus Mining Corp. has successfully executed an early warrant exercise incentive program, resulting in the exercise of 12,200,000 warrants for gross proceeds of $1,098,000 [1][2] - The company issued 12,200,000 common shares and an equal number of incentive warrants, which allow holders to acquire additional shares at $0.12 until November 6, 2026 [1][2] - A total of 2,800,000 warrants remain unexercised and will continue to be available until their original expiry date [3] 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 [4] - The Pardo project is noted as the first significant paleoplacer gold discovery in North America [4] - The company has approximately 195 million common shares outstanding [4]