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MINE.V ·

Inovent Files Filing Statement

Mergers & Acquisitions

Inovent Capital Inc. Suite 1130 – 400 Burrard Street, Vancouver, BC Canada V6C 3A6

www.inoventcapital.com

Not for distribution to United States newswire services or for dissemination in the United States.

inoVent

NEWS RELEASE

Inovent Files Filing Statement

Vancouver, British Columbia, January 25, 2017 – Inovent Capital Inc. (TSX Venture -

IVQ.P, "Inovent” or the “Company") reports it has filed a Filing Statement on SEDAR

(www.sedar.com) for its Qualifying Transaction (“QT”) consisting of the acquisition of the

King’s Point gold-copper-zinc property in Newfoundland. The Filing Statement also

describes the Company’s concurrent private placement financing (the "Financing") and

proposed name change.

Name Change

To reflect Inovent’s new business in mineral exploration and mining, the Company

proposes to change its name to Inomin Mines Inc. Furthermore, the Company’s TSX

Venture Exchange (“Exchange”) trading symbol will change to MINE.

New Director

The Company is also pleased to announce the appointment of Bruce Winfield to the

Company’s Board of Directors. Mr. Winfield, M.Sc., P.Geo., is President, CEO and a

director of Defiance Silver Corp. (TSXV: DEF). He has over 40 years of experience in

the mining industry. Following 14 years with major mining companies Texasgulf Inc. and

Boliden Inc., he focused on exploration in Central America and Mexico as VP

Exploration for Greenstone Resources and Eldorado Gold Corp. leading to the

exploration and development of five gold deposits including the Oronorte Gold Mine in

Colombia; the open pit, heap leach Santa Rosa Gold Mine in Panama; the 60,000 oz per

year La Libertad Gold Mine in Nicaragua; and the 40,000 oz per year San Andres Gold

Mine in Honduras. Subsequently as President and CEO, Mr. Winfield has led companies

exploring primarily in South America for the last twenty years.

QT Completion

The Exchange has conditionally accepted the Company’s Qualifying Transaction.

Subject to final Exchange approval, the QT and the Financing are scheduled to close on

or about January 30, 2017.

Further Information

Inovent is a Capital Pool Company (as defined in Exchange Policy 2.4) and has been

identifying and evaluating potential Qualifying Transactions as its sole business. Upon

completion of its QT, and subject to Exchange approval, Inovent will be classified as a

Tier 2 Mining Exploration and Development Issuer on the TSX Venture Exchange,

engaged in the identification, exploration and development of mineral properties. Inovent

also holds warrants to purchase shares in Canada Jetlines Ltd. For further information

visit www.inoventcapital.com.

Inovent Capital Inc. Suite 1130 – 400 Burrard Street, Vancouver, BC Canada V6C 3A6

www.inoventcapital.com

On behalf of the board of Inovent:

INOVENT CAPITAL INC.

Per: “David Brett”

David H. Brett, MBA

Chief Executive Officer & Director

For more information please contact:

John Gomez, Director

Tel. 604-484-7118

[email protected]

David Brett

Tel. 604-682-2421

[email protected]

www.inoventcapital.com

Neither the TSX Venture Exchange nor its Regulati on Services Provider (as that term is defined

in the policies of the TSX Venture Exchange) acc epts responsibility for the adequacy or accuracy

of this release.