INV Metals Reports Q1/2019 Results

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TORONTO, May 14, 2019 (GLOBE NEWSWIRE) -- INV Metals ("INV Metals" or "Company") (TSX: INV) reports its financial results for the three-month periods ended March 31, 2019 and 2018. The Company recorded a total loss from continuing operations of $650,591 or $0.01 per share for the three-month period ended March 31, 2019, compared to $707,317 or $0.01 per share for the corresponding period in 2018, a decrease of $56,726 or 8% from the prior year. The Company’s unaudited cash balance as at May 14, 2019 was approximately $3.2 million.

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 website at .

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 exploration and development property in Ecuador, and (2) its 100% interests in exploration concessions in Ecuador, including the Las Peñas, Tierras Coloradas, La Rebuscada and Carolina exploration projects.

Sunny LoweChief Financial Officer Phone: (416) 703-8416E-mail: slowe@invmetals.com

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Globe Newswire: 22:21 GMT Tuesday 14th May 2019

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