Letter from the Managing Director to Shareholders Invictus Gold shareholders were recently sent a Prospectus for a two-for-one entitlement offer in Invictus Gold Limited to raise $2.88 million.

This offer allows all shareholders to increase their shareholding in the Company at 4 cents per share.

The offer is fully underwritten by the Companys largest shareholder, Impact Minerals Limited. The Entitlement Offer to Invictus Gold shareholders will close on Friday 16th November 2012 at 5 pm WST. Click on this link to read the letter from Invictus Golds Managing Director: http://www.asx.com.au/asxpdf/20121113/pdf/42b4v5wh5kskq0.pdf
Drilling to Commence Next Week at Scartwater Gold Prospect, Queensland Invictus Gold today announced that drilling will commence next week at the Scartwater Prospect within the Companys 100% owned Drummond Basin Project in Queensland. Click on this link for further details: http://www.asx.com.au/asxpdf/20121113/pdf/42b50v92gr1fb5.pdf
Details of both announcements are also available on Invictus Golds website at www.invictusgold.com.au
Regards Erna Stein Business Administrator [Description: INVICTUSlogo] Tel (08) 9328 5789 Fax (08) 6454 6667 Mob 0404 316 178 Email Web www.invictusgold.com.au Address 309 Newcastle Street, Northbridge, Western Australia, 6003 This e-mail message and any attachments are private and confidential.

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