Ecometals Ltd. reported unaudited consolidated earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the company reported loss before other items of CAD 711,456 compared to CAD 1,483,188 a year ago. Net loss was CAD 496,636 or CAD 0.01 per basic and diluted share compared to CAD 884,062 or CAD 0.01 per basic and diluted share a year ago.

For the nine months period, the company reported loss before other items of CAD 2,635,910 compared to CAD 5,068,694 a year ago. Net loss was CAD 8,439,736 or CAD 0.10 per basic and diluted share compared to CAD 4,596,534 or CAD 0.06 per basic and diluted share a year ago. Cash used in operating activities was CAD 1,790,571 compared to CAD 4,356,009 a year ago. Additions to property, plant and equipment were CAD 7,182 compared to CAD 18,542 a year ago.