TORONTO, ONTARIO -- (Marketwired) -- 11/11/14 -- INV Metals ("INV Metals" or "Company") (TSX: INV) reports its financial results for the three and nine month periods ended September 30, 2014.
Q3/2014 Results
The Company recorded a total loss of $2,204,222 or $0.04 per share for the three month period ended September 30, 2014, compared with a total loss of $232,074 or $nil per share for the corresponding period ended September 30, 2013. The Company's cash balance as at September 30, 2014 was approximately $16.0 million, compared to approximately $19.1 million as at December 31, 2013. For additional financial information please see INV Metals' unaudited condensed interim consolidated financial statements and MD&A for the three and nine month periods ended September 30, 2014 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.
Contacts:
INV Metals
Candace MacGibbon
President and Chief Financial Officer
(416) 703-8416
cmacgibbon@invmetals.com
INV Metals
Robert Bell
Chief Executive Officer
(416) 703-8416
rbell@invmetals.com
