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Ivernia Inc.

11:50 AM EST - Ivernia Inc. : announced it is recommencing processing operations at its wholly-owned Paroo Station lead mine, located near Wiluna, Western Australia. The decision to restart operations has been taken following: a comprehensive internal review and validation that the Company's systems and processes are best practice and can transport the Mine's product safely and capably; recruitment and training of a suitably qualified workforce and the re-mobilization of all key contractors necessary to recommence processing and transport operations; renewal of the vehicle fleet; and development of significant product handling infrastructure. Ivernia Inc. shares T.IVW are trading up $0.01 at $0.16.