INV Metals Reports Q2/2016 Results

TORONTO, ONTARIO -- (Marketwired) -- 08/09/16 -- INV Metals ("INV Metals" or "Company") (TSX: INV) is pleased to report its financial results for the three-month period ended June 30, 2016.

The Company recorded a total loss of $1,125,583 or $0.02 per share for the three-month period ended June 30, 2016, compared with a total loss of $2,935,016 or $0.04 per share for the corresponding period ended June 30, 2015. The Company's cash balance as at June 30, 2016 was approximately $12.2 million, compared to approximately $11.6 million as at December 31, 2015. 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 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 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 35% interest in the Kaoko property, located in Namibia.

Contacts:
Candace MacGibbon
(416) 703-8416
[email protected]

Source: INV Metals Inc.

You May Also Be Interested In

• Tesla plans 'flying' Roadster stunt at SpaceX Texas site as early as August
• SVB & T Corporation (SVBT) Tops Q2 EPS by 275c
• Diana Shipping withdraws bid to acquire Genco Shipping