Inventus Mining Corp. Closes $2.5 Million Flow-Through Financing

Inventus Mining Corp., a mineral exploration company based in Toronto, has finalized its non-brokered flow-through private placement. The placement involved the issuance of 8,771,930 flow-through common shares priced at $0.285 per share, resulting in total gross proceeds of $2.5 million. The funds are earmarked for exploration drilling at the Pardo Gold Project and related Canadian exploration expenses.

Finder's fees of $137,216 and 481,460 finder warrants were distributed to certain parties. These warrants grant the holder the option to purchase common shares at $0.285 each over two years. Regulatory approvals, including from the TSX Venture Exchange, are pending for this Offering.

Company insiders, Glen Milne and William Fisher, participated in the offering, adhering to MI 61-101 regulations for related party transactions. This marks a significant step in Inventus's exploration and resource estimation endeavors.