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Inventus Raises $1.3 Million Through Exercise of Warrants; McEwen Inc. Increases Ownership to 13% and CEO Participates

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Inventus Raises $1.3 Million Through Exercise of Warrants; McEwen Inc. Increases Ownership to 13% and CEO Participates

 

 

 

 

 

Inventus Mining Corp. (TSX-V: IVS) is pleased to announce that all 10,550,000 remaining incentive warrants have been exercised at $0.12 per share, generating gross proceeds of $1,266,000. The Company issued 10,550,000 common shares upon exercise of these warrants. The full exercise demonstrates strong support from warrant holders for the Company and its initiatives, while providing additional capital to advance the Pardo “River of Gold” Project.

 

The incentive warrants were issued under the Company’s 2025 early warrant exercise incentive program, as described in its news releases dated April 17 and May 20, 2025. Each incentive warrant entitled its holder to acquire one common share at $0.12 until November 6, 2026.

 

McEwen Inc. exercised 9,200,000 warrants, contributing $1,104,000 and increasing its ownership in Inventus to approximately 13%. Wesley Whymark, CEO and Director of Inventus, also exercised 375,000 warrants, contributing $45,000. All warrants were exercised prior to their expiry on November 6, 2026.

 

“This is a strong vote of confidence in Inventus, our team and the opportunities we are pursuing at Pardo,” said Wesley Whymark, CEO and Director. “We are delighted to have McEwen’s continued support as it increases its investment in the Company. I am also pleased to invest alongside our shareholders as we put this capital to work advancing Pardo. We have exciting work ahead, and this additional funding gives us further momentum.”

 

The Company intends to use the proceeds to advance its 100%-owned Pardo “River of Gold” Project, located 65 kilometres northeast of Sudbury, Ontario. The additional capital strengthens Inventus’ treasury and supports continued exploration and project advancement.

 

“We thank all warrant holders who participated,” added Whymark. “Their investment comes at an exciting time for Inventus, and we look forward to sharing further progress as we continue to unlock Pardo’s potential.”

 

About Inventus Mining Corp.

 

Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario. We have a 100% interest in our principal assets, the Pardo “River of Gold” Project and the Sudbury 2.0 Critical Mineral Project, located northeast of Sudbury. The Pardo Gold Project is the first important paleoplacer gold discovery in North America.

 

Posted November 9, 2026

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