# Inventus Raises C$1.27 Million as Remaining Warrants Are Exercised By John Kim Canonical URL: https://www.tokenpost.com/news/business/53178 Published: 2026-11-10T15:27:29.000Z Updated: 2026-11-10T15:27:29.000Z Section: Business > CEO and director Wesley Whymark exercised 375,000 warrants, while McEwen’s 9.2 million-warrant exercise was included in the total. Inventus Mining Corp. announced Nov. 9 that holders exercised its remaining 10.55 million incentive warrants by the Nov. 6 deadline, raising C$1.266 million in gross proceeds for planned work in Ontario. Each warrant gave its holder the right to buy one common share for C$0.12, and Inventus issued one share for every warrant exercised. The warrants stemmed from the company’s 2025 early warrant exercise incentive program. The total includes McEwen Inc.’s [Nov. 4 warrant exercise](), which covered 9.2 million warrants and brought in C$1.104 million. After that transaction, McEwen held 29.2 million Inventus shares, or 12.7% of shares outstanding at the time. Inventus CEO and director Wesley Whymark exercised 375,000 warrants for C$45,000. “I am also pleased to invest alongside our shareholders,” Whymark said. The funds are intended to support additional work at Pardo, a wholly owned Inventus project northeast of Sudbury, Ontario. ## Links in this article - [Nov. 4 warrant exercise](https://www.tokenpost.com/news/business/50542)