RE:Inventus finishes takeover of Wolf Lake Cobalt Hill Property INVENTUS CLOSES PROPERTY ACQUISITIONS
Inventus Mining Corp. has closed the acquisition of the Wolf Lake, Cobalt Hill and Rathbun properties. In connection with the transaction, Inventus has issued five million common shares to Cooksville Steel Ltd. and has appointed Robert Miszczuk, president of Cooksville, as a director of the company. Robert Scott Heatherington has resigned as a director to allow for Mr. Miszczuk's appointment. The company is very thankful to Mr. Heatherington for his leadership and support while acting as a director since 2015.
Sudbury 2.0 drilling program
The 3,000-metre winter drill program at Wolf Lake and Cobalt Hill resumed on Jan. 6, 2021, after breaking for the holidays.
Warrants exercised
Since Dec. 1, 2020, Inventus has received proceeds of $450,000 from the exercise of warrants.