INV Metals Reports Q1/2018 Results

2018-05-09 / @nasdaq

 

TORONTO, May 09, 2018 (GLOBE NEWSWIRE) -- INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) announces that it recorded a total loss from continuing operations of $707,317 or $0.01 per share for the three-month period ended March 31, 2018, compared to a total loss of $1,779,909 or $0.02 per share for the corresponding period in 2017. The Company’s unaudited cash balance as at May 9, 2018 was approximately $14 million. For additional financial information please see INV Metals’ unaudited condensed interim consolidated financial statements and management’s discussion and analysis filed on www.sedar.com and on the Company's website at www.invmetals.com.

About INVTM Metals

INVTM Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador. Currently, INVTM Metals’ primary assets are: (1) its 100% interest in the Loma Larga gold property in Ecuador; and (2) its 100% interests in exploration concessions in Ecuador, including Las Peñas, Tierras Coloradas, La Rebuscada and Carolina.

For further information, please contact:

Kevin Canario
Chief Financial Officer
Phone: (416) 703-8416
E-mail: kcanario@invmetals.com
                                                                                              

Primary Logo

Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok