Northwire Canada EditionFriday, November 6, 2026
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McEwen acquires 9.2 million Inventus shares

Inventus exercises strategic warrants to boost working capital ahead of its maiden resource estimate.

By The Northwire Desk — AI Analysis Nov 05, 2026 · 18:52 IVS · 0.255 Inventus Mining Corp.
Executive Summary

McEwen Inc. exercised 9.2 million common share purchase warrants in Inventus Mining Corp. at an exercise price of CAD 0.12 per share. The transaction generated $1,104,000 CAD in aggregate consideration for Inventus.

McEwen's total ownership stake increased from approximately 9% (20 million shares) to 12.7% (29.2 million shares). The acquisition was made for investment purposes, with McEwen reserving the right to buy or sell additional securities based on market conditions. An early warning report was filed under applicable securities laws.

Material Impact

Inventus Mining Corp. (IVS) has exercised warrants to secure $1.1 million in immediate working capital, funds designated to support Phase 3 drilling and the maiden resource estimate targeted for mid-November 2026. The warrants, which carry an expiry date of November 6, 2026, were publicly listed, making the exercise a routine capital event rather than a surprise.

The transaction also reflects an increase in McEwen’s stake to 12.7%, reinforcing strategic alignment and providing a stable shareholder base without altering control or triggering a takeover scenario. By converting existing derivative exposure into common equity, the move slightly increases the share count while providing necessary liquidity, without changing the fundamental development timeline, geological targets, or near-term catalysts.

IVS · Price
Company Overview

Inventus Mining Corp. (IVS) is a gold exploration and development company focused on the Pardo "River of Gold" Project in Ontario, Canada. The flagship project features a shallow, flat-lying, laterally extensive paleoplacer gold system with multiple stratigraphic layers, including the Main Conglomerate, Upper Conglomerate, Matinenda Conglomerate, and Lower Sandstone.

The company’s development strategy centers on a Direct-Ship Ore (DSO) model, leveraging bulk sampling to generate early cash flow while advancing toward a maiden resource estimate. Inventus is transitioning from trial mining to commercial-scale bulk sampling, with a target of processing up to 45,000 tonnes of material over the next 12 months.

In August 2026, the company acquired the historic Golden Rose Mine, located 14 km from Pardo, adding a high-grade orogenic gold asset with 14 km of underexplored host geology.

Read the original news release →

More from Inventus Mining Corp.

Oct 28, 2026 · 07:00

Inventus reports final Pardo assays in line with expectations, positioning the maiden mineral resource estimate as the primary catalyst for the project.

Drill Results Oct 20, 2026 · 07:00

Inventus expands the Pardo footprint with Phase 3 drilling ahead of a November maiden resource estimate.

Drill Results Sep 23, 2026 · 07:00

Inventus reports Pardo infill drilling hitting target grades within a broader 0.3 g/t rock bulk-tonnage model.

Drill Results Aug 28, 2026 · 12:00

Inventus acquires the Golden Rose Mine, expanding its Pardo District footprint with significant gold grades and resource potential.

M&A / Property Aug 06, 2026 · 07:00

Inventus heap leach tests confirm front-loaded recovery, validating a low-cost processing pathway for its project.

Technical Study Jul 14, 2026 · 07:00

Inventus’ Pardo bulk sample yielded 564 oz gold and $1.2M cash, validating its model within 3.3% ahead of a maiden resource expected in Q4.

Drill Results