Inventus Mining Corp. announced a non-brokered private placement of 3,157,895 critical mineral flow-through units at an issue price of CAD 0.095 per unit for gross proceeds of CAD 300,000 on April 5, 2023. Each unit consists of one common share issued as a flow-through share and one half of a regular common share purchase warrant.

Each whole common share purchase warrant entitles the holder to acquire one Common Share for CAD 0.15 for a period of three years after the closing of the transaction. The units issued are subject to the receipt of all required corporate and regulatory approvals including the approval of the TSX Venture Exchange. All securities issued and issuable pursuant to the transaction will be subject to a four month and one day statutory hold period.

The company has accepted TSX venture exchange filings. The transaction included participation from one placee.