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Message: Goldmembers Promoted to HUB Leader and President

IVERNIA’S PRESIDENT AND CEO TO PRESENT AT BMO CAPITAL MARKETS
2008 GLOBAL METALS AND MINING CONFERENCE

TORONTO, ONTARIO – February 21, 2008 – Alan De’ath, President and Chief Executive Officer of Ivernia Inc. (TSX:IVW), will be presenting at the BMO Capital Markets 2008 Global Metals and Mining Conference, Hollywood, Florida on Monday, February 25, 2008 at 10:00 am.

A live broadcast and slides of his presentation will be available on www.ivernia.com under the
Investors section.

Today's market activity suggests that his message should be well received. I would guess there is a good chance that he will disclose the company's progress towards resuming production and perhaps the potential for shipping the concentrate marooned at port.

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