Investigator Resources (ASX:IVR) announced financial results for the full-year ended June 30, 2022.
The principal activity of the Company during the year was mineral exploration.
There were no dividends paid, recommended or declared during the current or previous financial year.
The loss for the consolidated entity after providing for income tax amounted to $4,133,905 (30 June 2021: $1,979,310).
The net result for the year includes an impairment charge of $2,967,065 associated with exploration across the Company's tenements compared with $4,935,647 for the prior year.
At 30 June 2022, the Company had a cash position of $6,221,599 (2021: $11,586,925).
Following the announcement the company?s share price rose 4.347%.