TORONTO, ONTARIO–(Marketwired – Nov. 5, 2015) – INV Metals (“INV Metals” or “Company”) (TSX:INV) reports its financial results for the three month period ended September 30, 2015.
The Company recorded a total loss of $642,440 or $0.01 per share for the three month period ended September 30, 2015, compared with a total loss of $2,204,222 or $0.04 per share for the corresponding period ended September 30, 2014. The Company’s cash balance as at September 30, 2015 was approximately $12.8 million, compared to approximately $16.2 million as at December 31, 2014. For additional financial information please see INV Metals’ unaudited condensed interim consolidated financial statements and MD&A filed on SEDAR at 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 base and precious metal projects in Ecuador and Namibia. Currently, INV™ Metals’ primary assets are: (1) its 100% interest in the Loma Larga (formerly Quimsacocha) gold property in Ecuador, and (2) its 35% interest in the Kaoko property, located in Namibia.