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.
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