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.
"Ken Booth"
Ken Booth,
President
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.