Minera IRL Limited
AIM : MIRL
BVLAC : MIRL
TSX : IRL

Minera IRL Limited

November 30, 2010 15:00 ET

Minera IRL-Exercise of Options and Total Voting Rights

LONDON, UNITED KINGDOM--(Marketwire - Nov. 30, 2010) - Minera IRL Limited (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL), the Latin American focused gold mining, development and exploration company, announces that it has today issued 50,000 new ordinary shares of no par value in the capital of the Company pursuant to an exercise of options. The 50,000 new ordinary shares are expected to be admitted to trading on 2 December 2010.

Following the admission of these new shares to trading on AIM, the Company will have 119,527,884 ordinary shares of no par value in the capital of the Company admitted to trading on AIM.

Minera IRL Limited is the AIM traded and TSX and BVL listed holding company of precious metals mining and exploration companies focused in Latin America. Minera IRL is led by an experienced senior management team with extensive industry experience, particularly in operating in South America. The Group operates the Corihuarmi Gold Mine and the emerging Ollachea Gold Project in Peru as well as the advanced Don Nicolas Project in Argentina.

Some of the statements contained in this release are forward-looking statements, such as estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Since forward-looking statements address future events and conditions, by their very nature, they involve inherent risks and uncertainties.

While these forward-looking statements, and any assumptions upon which they are based, are made in good faith and reflect our current judgment regarding the direction of our business, actual results will almost always vary, sometimes materially, from any estimates, predictions, projections, assumptions or other future performance suggestions herein. Except as required by applicable law or regulation, Minera IRL Limited does not intend to update any forward-looking statements to conform these statements to actual results.

The Toronto Stock Exchange neither approves nor disapproves the information contained in this News Release.

Contact Information

  • Minera IRL Limited
    Richard Michell
    Chief Financial Officer
    +44 (0)1380 818 857
    or
    Collins Stewart (Nominated Adviser & Broker, London)
    John Prior
    + 44 (0)20 7523 8350
    or
    Collins Stewart (Nominated Adviser & Broker, London)
    Adam Miller
    + 44 (0)20 7523 8350