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Inventus Mining to buy Golden Rose Mine property from Conquest Resources in share deal

PUBT·08/28/2026 16:01:06
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Inventus Mining to buy Golden Rose Mine property from Conquest Resources in share deal
  • Inventus Mining entered a definitive agreement on Aug. 27, 2026 to buy Conquest Resources’ Belfast-Teck Mag package, including Golden Rose.
  • Deal adds a past-producing, high-grade underground gold mine about 14 km from Pardo, expanding Inventus’ regional land position to 681 km2.
  • Consideration includes 8,000,000 Inventus common shares priced at $0.3 at closing, subject to exchange acceptance.
  • Conquest also receives a 2% net smelter return royalty; Inventus can buy back 0.5% for C$ 1 million.
  • Golden Rose has about 52,000 oz documented historical production; a 1985 historical estimate cited about 600,900 oz at 8.3 g/t.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Inventus Mining Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608281200PRIMZONEFULLFEED9817739) on August 28, 2026, and is solely responsible for the information contained therein.