INV Metals Announces Board and Management Changes

TORONTO, ON – SEPTEMBER 30, 2015 – INV Metals (“INV Metals” or “Company”) (TSX: INV) reports that its Chief Executive Officer (“CEO”), Mr. Robert Bell, has elected to retire from the Company effective September 30, 2015. Mr. Bell has over 35 years of domestic and international experience in the mining business. Prior to joining INV Metals as its CEO in 2007, Mr. Bell worked at Inco Limited for nearly three decades, leading Inco’s exploration activities in base and precious metal exploration in Canada, USA, Brazil, Peru, Indonesia, Turkey, Greenland and Australia. The board of directors (“Board”) wishes to thank Mr. Bell for his significant contribution to the Company over the past 8 years and leading INV Metals’ transformation from a junior base metal exploration company to a pre-feasibility staged gold development company. All of the directors on the INV Board wish Bob the very best in his retirement.

The Board is pleased to announce the appointment of Ms. Candace MacGibbon to Chief Executive Officer and director, effective October 1, 2015. Ms. MacGibbon has been with the Company since 2008 and has most recently served in the position of President and Chief Financial Officer. Ms. MacGibbon is a graduate of the University of Western Ontario and Sir Wilfred Laurier University. Ms. MacGibbon is a Chartered Professional Accountant and has significant mining, financial, and capital markets experience from her previous employment with Inco Limited, Deloitte, BMO Capital Markets, and RBC Capital Markets.

The Board is also pleased to announce that Mr. Kevin Canario has been appointed to the position of Chief Financial Officer, effective October 1, 2015. Mr. Canario is a Chartered Professional Accountant and currently holds the position of Vice President Finance. Prior to joining INV Metals in 2011, Mr. Canario worked with PricewaterhouseCoopers LLP where he served mining and manufacturing clients. Mr. Canario holds a B. Com. (Hons) from McMaster University.

About INV™ Metals

INV™ Metals is an international mineral resource company focused on the acquisition, exploration and development of base and precious metal projects in Ecuador and Namibia. Currently, INV™ Metals’ primary assets are: (1) its 100% interest in the Loma Larga (formerly Quimsacocha) gold property in Ecuador, and (2) its 35% interest in the Kaoko property, located in Namibia.