Ivernia Announces Departure of VP, Finance and Chief Financial Officer

TORONTO, ONTARIO–(Marketwired – Aug. 30, 2013) - Ivernia Inc. (“Ivernia” or the “Company”) (TSX:IVW) today announced that, effective September 30, 2013, Brent Omland will step down as Vice President, Finance and Chief Financial Officer to pursue other opportunities.

In accordance with the management services agreement between the Company and Enirgi Group Corporation (“Enirgi Group”), Enirgi Group provides key executive officers to Ivernia. As a result, effective immediately Stephen Pike, Group Financial Controller of Enirgi Group, will transfer into the Enirgi Metal Group as CFO and interim CFO of Ivernia.

Brent has been with the Company since 2008. The Honorable J. Trevor Eyton, Chairman of Ivernia, commented “on behalf of Ivernia and the Board I would like to thank Brent for his service and notable contributions to the Company over the years. We wish Brent well in all his future endeavors.”

About Ivernia

Ivernia is an international base metal mining company and the owner of the Paroo Station Mine in Western Australia.

Ivernia trades under the symbol “IVW” on the Toronto Stock Exchange. Additional information on Ivernia is available on the Company’s website at www.ivernia.com and at SEDAR at www.sedar.com.