Northwire Canada EditionFriday, August 28, 2026
Northwire
GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0% GOLD 4517.50 −3.1% SILVER 67.54 −3.8% COPPER 6.57 −1.8% OIL 83.50 −0.0% PALLADIUM 1430.50 +5.5% SPX 0.115 +0.0% CQR 0.045 −10.0% IVS 0.330 +11.9% CNC 1.44 −2.7% PA 0.145 +0.0% KC 0.340 +0.0% MLP 2.85 −1.4% REVX 1.74 +1.8% FYL 0.115 +9.5% GG 2.88 −4.3% TNR 0.295 −1.7% PPP 0.940 −3.1% WGO 2.40 +0.0% RDU 0.155 +0.0% DAN 0.330 −2.9% ABA 0.095 +0.0%
Financings Routine +

Inventus Announces Upsize of Non-Brokered Flow-Through Financing to $2.5 Million

Inventus Upsizes Financing to Fund Pardo Resource Definition Amidst Strong Bulk Sample Economics

Executive Summary
  • Inventus Mining Corp. announced an upsize of its previously announced non-brokered flow-through private placement from $2.0 million to $2.5 million gross proceeds.
  • The offering consists of up to 8,771,930 flow-through common shares priced at $0.285 per share.
  • Proceeds are designated for accelerating exploration drilling at the Pardo Gold Project specifically ahead of the maiden resource estimate.
  • Expected closing date is on or around April 30, 2026, subject to TSX-V regulatory approvals.
  • Finders' fees up to 6% may be paid in a combination of cash and finders' warrants.
  • All securities are subject to a four-month and one-day statutory hold period.
Material Impact
  • The financing is classified as Routine - Positive because it represents expected capital raising for a pre-resource company rather than a fundamental shift in asset value or strategic acquisition.
  • The upsize from $2.0 million to $2.5 million indicates strong investor demand, evidenced by the pricing at $0.285 which trades at a premium to the recent market close of $0.24 (April 24).
  • While positive for liquidity and execution capability, the issuance of ~8.77 million shares introduces dilution to existing shareholders.
  • The capital is strictly earmarked for exploration drilling to support the maiden resource estimate, which remains the primary value driver; thus, the news validates the path forward but does not de-risk the geological outcome itself.
  • No new strategic investor (such as Eric Sprott) was explicitly named in this specific release compared to previous financings, limiting the "Game Changer" classification despite the premium pricing.
IVS · Price
Company Overview
  • Company Name: Inventus Mining Corp. (TSX-V: IVS).
  • Flagship Project: Pardo Gold Project, located 65 km northeast of Sudbury, Ontario.
  • Project Type: Paleoplacer gold system with near-surface, flat-lying mineralization suitable for surface mining.
  • Development Status: Advancing from exploration to bulk sampling and resource definition; currently in Phase 2 drilling ahead of maiden NI 43-101 resource estimate.
  • Strategic Partner: McEwen Mining provides milling services at their Stock Mill for bulk sample processing, facilitating non-dilutive cash flow generation.
Read the original news release →

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