INV Metals Completes Sale of Lansdowne House Property


TORONTO, ONTARIO--(Marketwire - June 30, 2011) - INV Metals Inc. ("INV Metals") (TSX:INV) is pleased to announce it has completed the previously announced sale of the Lansdowne House property, located in northwestern Ontario, to Anglo Swiss Resources Inc. ("Anglo Swiss") (TSX VENTURE:ASW). INV Metals received 11,950,774 common shares of Anglo Swiss valued at $1,446,360 in exchange for its 100% interest in the Lansdowne House property and retains a 1% net smelter return royalty on those claims not already subject to a royalty.

About INVMetals

INV™ Metals is an international mineral resource company focused on the acquisition, exploration and development of base and precious metal projects in Brazil, Namibia and Canada. Currently, INV™ Metals' primary assets are: (1) its option to acquire 50% of the Rio Novo property, located in Brazil, (2) its option to acquire 50% of the Kaoko property, located in Namibia, (3) its 100% owned Itaporã gold properties, located in Brazil and (4) its option to acquire 50% of the Thorne Lake gold property, located in northwestern Ontario. Please also refer to the INV™ Metals' website at www.invmetals.com to view additional details relating to the properties.

Contact Information:

INV Metals Inc.
Candace MacGibbon
President and Chief Financial Officer
(416) 703-8416
cmacgibbon@invmetals.com

INV Metals Inc.
Robert Bell
Chief Executive Officer
(416) 703-8416
rbell@invmetals.com