Mr. Sunny Lowe reports
INV METALS REPORTS Q3 2019 RESULTS
INV Metals Inc. has released its financial results for the three- and nine-month periods ended Sept. 30, 2019. The company recorded a total loss of $549,560 or one cent per share for the three-month period ended Sept. 30, 2019, compared with $377,584 or nil per share for the corresponding period in 2018, an increase of $171,976 or 45 per cent from the prior year. For the nine-month period ended Sept. 30, 2019, the company recorded a total loss of $1,890,682 or two cents per share, compared with $2,543,776 or three cents per share for the corresponding period in 2018, a decrease of $653,094 or 26 per cent from the prior year. The company's unaudited cash balance as at Nov. 14, 2019, was approximately $15.2-million.
For additional financial information, please see INV Metals' unaudited interim condensed consolidated financial statements and management's discussion and analysis filed on
SEDAR and on the company's website.
About INV Metals Inc.
INV Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador.
© 2020 Canjex Publishing Ltd. All rights reserved.