Ivernia Inc.

Ivernia Inc.

November 22, 2010 00:38 ET

Ivernia Appoints Fiona Childe as Vice President, Investor Relations & Communications

TORONTO, ONTARIO--(Marketwire - Nov. 22, 2010) - Ivernia Inc. ("Ivernia" or "the Company") (TSX:IVW) is pleased to announce the appointment of Fiona Childe, Ph.D., P.Geo. as Vice President, Investor Relations and Communications of Ivernia, effective immediately.

Alan De'ath, President and CEO of Ivernia, commented: "This is a dynamic time for the Company, with the recently announced return to profitability of our 100% Ivernia-owned Magellan Mine and the implementation of our growth strategy as we commence exploration at the Prairie Downs Joint Venture. Fiona's appointment continues the overall reorganization of the management team at Ivernia and I am very pleased to welcome her to Ivernia to focus on communicating our ongoing advances to shareholders and the broader investment community."

Dr. Childe, who will be based in the Company's head office in Toronto, Canada, has over fifteen years' experience in the mining industry. She has worked to develop effective communications strategies for mining and exploration companies globally and has held senior management positions with several TSX-listed and private companies. She holds a Ph.D. in Economic Geology from the Mineral Deposit Research Unit at the University of British Columbia and is a Professional Geoscientist with the Association of Professional Geoscientists of Ontario.

About Ivernia:

Ivernia is an international base metal mining, exploration and development company. The Company is the sole owner and operator of the Magellan lead mine in Western Australia, which restarted operations in early 2010 and is ramping up to full production. When target production levels are achieved the mine is expected to be a significant pure lead producer, accounting for approximately 2% of annual global lead mine production.

Ivernia trades under the symbol "IVW" on the Toronto Stock Exchange. Additional information on Ivernia is available on the Company's website at www.ivernia.com and at SEDAR at www.sedar.com.

Contact Information

  • Ivernia Inc.
    Fiona Childe
    Vice President, Investor Relations & Communications
    (416) 867-9298
    Ivernia Inc.
    Suite 3303, 130 Adelaide Street West
    Toronto, Ontario M5H 3P5
    (416) 867-9298