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INV Metals Reports Q2/2018 Results


TORONTO, Aug. 13, 2018 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX:INV) is pleased to report its financial results for the three and six-month periods ended June 30, 2018 and 2017.

Q2/2018 Results

The Company recorded a total loss of $1,458,879 or $0.02 per share for the three-month period ended June 30, 2018, compared with a total loss of $1,105,285 or $0.01 per share for the corresponding period ended June 30, 2017. For the six-month period ended June 30, 2018, the Company recorded a total loss of $2,166,194 or $0.02 per share, compared to a total loss of $2,885,196 or $0.03 per share in the corresponding period in the prior year. The Company's unaudited cash balance as at August 13, 2018 was approximately $10 million.

For additional financial information please see INV Metals' unaudited condensed interim consolidated financial statements and management's discussion and analysis filed on and on the Company's website at

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 Las Peñas, Tierras Coloradas, La Rebuscada and Carolina.

For further information, please contact:

Kevin Canario
Chief Financial Officer
Phone: (416) 703-8416

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