TSX Venture Exchange: IVO
VANCOUVER, Dec. 20, 2012 /CNW/ - Invenio Resources Corp. ("Invenio" or
the "Company") reports that the non-binding Letter of Intent ("LOI")
announced in its news release of October 24, 2012, relating to the
Company's proposed participation with a private oil company
("PrivateCo") in the drilling of two exploration wells in southeast
Saskatchewan, has expired. PrivateCo has agreed to continue to work
with Invenio in January 2013 to complete a deal on the same terms as in
the LOI announced on October 24. With the expiration of the LOI,
Invenio will not be proceeding with the private placement announced on
November 26, 2012.
About Invenio Resources Corp.
Invenio Resources Corp is a Canadian based exploration company. The
Company's common shares are listed on the TSX Venture Exchange and
trade under the symbol IVO. Invenio has an option to earn a 60%
interest on the Green Springs gold project, Nevada. The Green Springs
deposit, a past producer, is near surface, oxidized and interpreted to
be Carlin style.
ON BEHALF OF THE BOARD OF DIRECTORS OF INVENIO RESOURCES CORP.
Neither the 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.
This news release contains forward-looking statements. Forward-looking
statements address future events and conditions and therefore involve
inherent risks and uncertainties. Actual results may differ materially
from those currently anticipated in such statements.
SOURCE: Invenio Resources Corp.
For further information:
please visit the Company's website at www.invenioresources.com. You may also email email@example.com.