INV Metals Announces Board Changes

TORONTO, ON – November 2, 2011 – INV Metals Inc. (“INV Metals” or the “Company”) (TSX: INV) announces the resignation of Mr. Paul Conibear, President and CEO of Lundin Mining Corporation (“Lundin Mining”) as a director of the Company, effective October 31, 2011. As a result of his formal appointment as President and CEO of Lundin Mining, Mr. Conibear’s increased duties will restrict his ability to devote the required time commitment to the board of INV Metals.

Mr. Terry MacGibbon, Chairman, stated, “The board of directors and management of INV Metals wish to thank Mr. Conibear for his contribution and leadership to the board and we wish Mr. Conibear great success with his appointment to President and CEO of Lundin Mining.”

The corporate governance and nominating committee of the board of directors has begun a search to replace Mr. Conibear.

About INVTM Metals

INVTM Metals is an international mineral resource company focused on the acquisition, exploration and development of base and precious metal projects in Brazil, Namibia and Canada. Currently, INVTM Metals’ primary assets are: (1) its option to acquire an initial 50% of the Rio Novo property, located in Brazil, (2) its option to acquire an initial 50% of the Kaoko property, located in Namibia, and (3) its 100% owned Itaporã gold properties, located in Brazil. Please also refer to the INVTM Metals’ website at to view additional details relating to the properties.