INV Metals Reports Q3/2012 Results
TORONTO, ON — November 9, 2012 — INV Metals Inc. (“INV Metals” or “Company”) (TSX: INV) reports its financial results for the three and nine month periods ended September 30, 2012 (see INV Metals’ unaudited 2012 condensed interim consolidated financial statements and MD&A filed on SEDAR and on the Company’s website).
The Company recorded a net loss of $1,501,222 or $0.02 per share for the three month period ended September 30, 2012 (“Q3/2012”), compared with a net loss of $3,968,489 or $0.06 per share for the corresponding period ended September 30, 2011 (“Q3/2011”).
About INVTM Metals
INVTM Metals is an international mineral resource company focused on the acquisition, exploration and development of base and precious metal projects. Currently, INVTM Metals’ primary assets are: (1) its 50% interest in the Rio Novo property, located in Brazil, (2) its 35% interest in the Kaoko property, located in Namibia, and (3) its 100% owned Itaporã gold properties, located in Brazil. Please also refer to the INVTM Metals’ website at www.invmetals.com to view additional details relating to the properties.