Invenio Resources Co Rp.

Suite 615 – 800 West Pender Street Vancouver, BC, V6C 2V6 604-787-5653 NEWS RELEASE

December 3, 2010 TSXV: IVO

CLOSING OF $2.27 MILLION PRIVATE PLACEMENT

Further to the Company’s news release dated October 5, 2010, the Company is pleased to announce the closing of a private placement of 12,626,445 units at the price of $0.18 per unit, for gross proceeds of over $2.27 million. Each unit consists of one common share and one-half share purchase warrant and each whole share purchase warrant entitles the holder to purchase one additional share of the Company at a price of $0.25 per share for a two-year period. The shares, warrants and any shares issued upon exercise of the warrants are subject to a four month hold period and may not be traded in British Columbia until April 4, 2011 except as permitted by the Securities Act and the Rules made thereunder and the TSX Venture Exchange.

In consideration of arranging the private placement, the following finder’s fees were paid: $83,815 and 931,280 finder’s warrants to Canaccord Genuity Corp.; $18,900 and 150,000 finder’s warrants to PI Financial Corp.; $28,040.60 to Gregory Beischer; $2,520 to Haywood Securities Inc.; and $1,260 to Calico Management Corp. The Company amended its finder’s fee with Canaccord Genuity Corp. from 10% to 14% finder’s warrants. The finder’s warrants have the same terms and conditions as the share purchase warrants noted above.

Allan Williams, Director, states “We are pleased with the level of demand for the financing, which was over-subscribed by over four million units. The financing is a positive step towards enabling the Company to move forward with its plans”.

ON BEHALF OF THE BOARD OF DIRECTORS OF INVENIO RESOURCES CORP.

“Allan Williams”

Allan Williams, Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.