INV Metals Reports 2017 Results

2018-03-23 / @nasdaq

 

TORONTO, March 23, 2018 (GLOBE NEWSWIRE) -- INV Metals Inc. (“INV Metals” or the “Company”) (TSX:INV) announces that it recorded a total loss from continuing operations of $4,758,001 or $0.05 per share for the year ended December 31, 2017, compared with a total loss from continuing operations of $2,315,168 or $0.04 per share for the year ended December 31, 2016. The Company’s unaudited cash balance as at March 23, 2018 was approximately $17 million. For additional financial information please see INV Metals’ audited consolidated financial statements and management’s discussion and analysis filed on www.sedar.com and on the Company's web site at www.invmetals.com.

About INV™ Metals

INV™ Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador. Currently, INV™ 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 the 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

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