TORONTO, ON – AUGUST 13, 2020 – INV Metals (“INV Metals” or “Company”) (TSX: INV) reports its financial results for the three and six-month periods ended June 30, 2020. The Company recorded a total loss of $782,635 or $0.01 per share for the three-month period ended June 30, 2020, compared to $690,533 or $0.01 per share for the corresponding period in 2019, an increase of $92,102 or 13% from the prior year. For the six-month period ended June 30, 2020, the Company recorded a total loss of $4,122,387 or $0.03 per share, compared to $1,341,124 or $0.01 per share for the corresponding period in 2019, an increase of $2,781,263 or 207% from the prior year. The Company’s unaudited cash balance as at August 13, 2020 was approximately $6.3 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 www.invmetals.com.

About INVTM Metals

INVTM Metals is an international mineral resource company focused on the acquisition, exploration and development of precious and base metal projects in Ecuador. Currently, INVTM 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 Tierras Coloradas, La Rebuscada and Carolina exploration projects.