Inventus Announces Early Warrant Exercise Incentive Program
NEWS RELEASE TSX-V Trading Symbol: IVS
Inventus Announces Early Warrant Exercise Incentive Program
TORONTO, April 17, 2025 -- Inventus Mining Corp. (TSXV: IVS) (“Inventus” or the “Company”) is pleased to announce that
the Company will make an application to the TSX Venture Exchange (the “ TSXV”) for approval of the implementation of an
early warrant exercise incentive program (the “ Program”) designed to encourage the early exercise of up to 15,000,000
outstanding common share purchase warrants (the “ Eligible Warrants ”) originally issued in connection with the Company’s
private placement financing that closed on November 6th, 2024. Each Eligible Warrant entitles the holder to purchase one
common share of the Company at a price of $0.09 per share and expires on November 6th, 2026.
In order to encourage the early exercise of such Eligible Warrants, the Company will be seeking approval of the TSXV to an
amendment to the terms of the Eligible Warrants to enable the holders to receive one new common share purchase warrant
(an “Incentive Warrant ”) for each Eligible Warrant exercised during the early exercise period (the “Early Exercise Period ”).
Each incentive warrant will entitle the holder thereof to purchase one additional common share of the Company (an “Incentive
Warrant Share”) at a price of $0.12 per Incentive Warrant Share until 5:00 PM Eastern Time on November 6th, 2026.
The purpose of the incentive program is to strengthen the Company’s balance sheet by providing additional working capital
through the early exercise of Eligible Warrants. Eligible Warrants not exercised during the Early Exercise Period will remain
exercisable on their original terms.
The Program is subject to acceptance by the TSXV and receipt of all applicable regulatory approvals. The participation of
insiders will be limited to a maximum of 10% of the total Eligible Warrants exercised under the Program.
Incentive Warrant Summary
Each Incentive Warrant will be exercisable at $0.12 until 5:00 PM Eastern Time on November 6th, 2026. The expiry date of the
Incentive Warrants may be accelerated by Inventus if the closing price of the common shares of the Company on the TSXV is
greater than or equal to $0.15 over a consecutive 20-day period. If this occurs, the Company may accelerate the expiry date of
the Incentive Warrants by issuing a press release announcing the reduced Incentive Warrant term whereupon the Incentive
Warrants will expire on the 10th trading day after the date of such press release.
The Early Exercise Period will commence following receipt of TSXV acceptance of the Program and will remain open until
approximately May 16th, 2025. The Company will issue a further news release confirming the terms and conditions of the
Program upon receipt of conditional approval from the TSXV.
The Incentive Warrants, and any Incentive Warrant Shares issued upon the exercise thereof, will be subject to a four-month
hold period from the date of issuance in accordance with Canadian securities laws.
Potential Proceeds and Issuances
If all Eligible Warrants are exercised during the Early Exercise Period, the Company expects to:
• raise gross proceeds of up to $1,350,000
• issue up to 15,000,000 Common Shares, and
• issue up to 15,000,000 Incentive Warrants.
Participation Process
Details will be provided directly to each Eligible Warrant holder.
For further information visit www.inventusmining.com, or contact:
Mr. Wesley Whymark
President and Head of Exploration
Inventus Mining Corp.
E-mail: [email protected]
Phone: 705-822-3005
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.
About Inventus Mining Corp.
Inventus is a mineral exploration and development company focused on the world-class mining district of Sudbury, Ontario.
Our principal assets are a 100% interest in the Pardo Paleoplacer Gold Project and the Sudbury 2.0 Critical Mineral Project
located northeast of Sudbury. Pardo is the first important paleoplacer gold discovery found in North America. Inventus has
approximately 183 million common shares outstanding.
Forward-Looking Statements
This News Release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking
statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words
to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may
be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “if”, “yet”, “potential”,
“undetermined”, “objective”, or “plan”. Since forward-looking statements are based on assumptions and address future events
and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on
information currently available to the Company, the Company provides no assurance that actual results will meet
management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause
actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such
forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company’s
objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources,
exploration and mine development plans, timing of the commencement of operations and estimates of market conditions.
Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to
the failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a
feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in
obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, inability to fulfill
the duty to accommodate First Nations and other indigenous peoples, uncertainties relating to the availability and costs of
financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity
prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other
risks involved in the mineral exploration and development industry, and those risks set out in the Company’s public documents
filed on SEDAR+. Although the Company believes that the assumptions and factors used in preparing the forward-looking
information in this news release are reasonable, undue reliance should not be placed on such information, which only applies
as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or
at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a
result of new information, future events or otherwise, other than as required by law.