Inovent Granted Extension to Complete Qualifying Transaction

Vancouver, British Columbia--(Newsfile Corp. - December 28, 2016) - Inovent Capital Inc. (TSXV: IVQ.P) ("Inovent" or the "Company") reports the TSX Venture Exchange has provided the Company a further extension from December 20^th to January 20, 2017 to complete its Qualifying Transaction ("QT"). As announced August 18, 2016, Inovent's proposed QT is the acquisition of 100% of the King's Point gold-copper-zinc property located in Newfoundland, Canada.

On behalf of the board of Inovent:

INOVENT CAPITAL INC.
Per:"David Brett"
David H. Brett, MBA
Chief Executive Officer & Director

For more information please contact:

John Gomez, Director
Tel. 604­484­7118
john@inoventcapital.com

David Brett
Tel.  604­682­2421
david@inoventcapital.com
www.inoventcapital.com

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.

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