Inventus Closes Property Acquisitions

TORONTO, Jan. 14, 2021 (GLOBE NEWSWIRE) -- Inventus Mining Corp. (TSX VENTURE: IVS) ("Inventus" or the a??Companya??) is pleased to announce that it has closed the acquisition of the Wolf Lake, Cobalt Hill and Rathbun properties. In connection with the transaction, Inventus has issued 5 million common shares to Cooksville Steel Limited ("Cooksville") and has appointed Robert Miszczuk, President of Cooksville, as a director of the Company. Robert Scott Heatherington has resigned as a director to allow for Mr. Miszczuka??s appointment. We are very thankful to Mr. Heatherington for his leadership and support while acting as a director since 2015.
Sudbury 2.0 Drilling ProgramThe 3,000 m winter drill program at Wolf Lake and Cobalt Hill resumed on January 6th after breaking for the holidays.Warrants ExercisedInventus is pleased to report that since December 1st, 2020, it has received proceeds of $450,000 from the exercise of warrants.
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