Inventus Mining Corp.
TSX VENTURE : IVS

Inventus Mining Corp.

July 22, 2015 11:02 ET

Inventus Provides Update on Strategy

TORONTO, ONTARIO--(Marketwired - July 22, 2015) - Inventus Mining Corp. (TSX VENTURE:IVS) ("Inventus" or the "Company") wishes to announce decisions taken by the Board of Directors of Inventus regarding the Pardo Joint Venture (JV) property and the 100% owned Pardo properties.

The Board of Inventus has decided to place the Company's 64.5% interest in the Pardo JV property up for sale. In the meantime the property will be put on care and maintenance. Inventus will retain its status as operator of the Pardo JV.

Inventus also announces that it is expanding the search for nearby Paleo-Placer deposits in the Pardo area.

In addition to the company's existing 100% owned properties, new claims have been staked in McNish, Macbeth and McCarthy townships. Also a priority drill target has been identified on the existing 100% owned property north of the Pardo JV property. "We consider that a high-value low cost approach to exploration can provide more value for shareholders at this time by demonstrating the regional potential and extent of gold mineralization on our 100% owned lands in the greater Pardo area," commented Chairman and CEO of Inventus Wayne Whymark, on the Board's decision to continue exploration on the 100% owned Pardo properties and search for additional properties in the Pardo area.

In the near future, the Company will provide details of its exploration plans for the remainder of the 2015 field season, after which regular updates on the work will follow.

Forward-looking information

Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" in the Corporation's filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Corporation does not assume any obligation to update any forward-looking statements, save and except as may be required by applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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