Minera IRL Limited

AIM : MIRL
LMA : MIRL
TSX : IRL


Minera IRL Limited

May 09, 2014 07:00 ET

Minera IRL Provides Notice of First Quarter 2014 Results and Reports AGM Voting Results

LIMA, PERU--(Marketwired - May 9, 2014) - Minera IRL Limited ("Minera IRL" or the "Company") (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL), the Latin America gold mining company, plans to release its first quarter 2014 operating and financial results after the Toronto Stock Exchange's close of trading on Wednesday, 14 May 2014. On Thursday, 15 May 2014, senior management will host a conference call to discuss the results at 9:00am PET, 10:00am EST, and 3:00pm BST.

The Company is also announcing that all of the resolutions were duly passed at the Company's annual and general meeting (the "Meeting" or "AGM") that was held on 8 May 2014.

First Quarter 2014 Results Conference Call

To participate in the conference call, please dial:

Toll Free North America: +1 (877) 223-4471
Toll Free United Kingdom: +44 0 (800) 051-7107
Toll Free Peru: +51 0 (800) 53-840
Toll Free Chile: +56 (123) 0020-9709
Other International Locations: +1 (647) 788-4922

A live webcast may be accessed at http://www.gowebcasting.com/5536

The webcast will be archived on the Mineral IRL website (www.minera-irl.com) and a playback of the conference call may be accessed until 30 May 2014 by dialing:

Toll Free North America: +1 (800) 585-8367
Other International Locations: +1 (416) 621-4642
The passcode is 43010440#.

AGM Voting Results

Pursuant to Canadian Securities Administrators' Section 11.3 of National Instrument 51-102 - Continuous Disclosure Obligations, the following briefly describes the matter voted upon and the voting results for the Meeting.

1. To receive and adopt the audited financial statements of the Company for the year ended 31 December 2013, and the report of the directors and the auditors thereon.
On a vote by show of hands, the report of the directors and the auditors, and the financial statements of the Company were received and adopted. Based on proxies received prior to the meeting, this resolution received 43,912,578 votes in favour, representing 100% of the votes cast at the Meeting.
2. Re-elect Courtney Chamberlain as Director
On a vote by show of hands, Courtney Chamberlain was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 43,342,055 votes in favour, representing 90.86% of the votes cast at the Meeting.
3. Re-elect Douglas Jones as Director
On a vote by show of hands, Douglas Jones was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 43,244,908 votes in favour, representing 82.52% of the votes cast at the Meeting.
4. Re-elect Napoleon Valdez as Director
On a vote by show of hands, Napoleon Valdez was re-elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 43,725,360 votes in favour, representing 83.37%of the votes cast at the Meeting.
5. Elect Daryl Hodges as Director
On a vote by show of hands, Daryl Hodges was elected as a director of the Company. Based on proxies received prior to the meeting, this resolution received 51,956,384 votes in favour, representing 99.06% of the votes cast at the Meeting.
6. Re-Appointment of Auditors
On a vote by show of hands, BDO LLP was appointed auditors of the Company until the close of the next annual general meeting and the directors were authorised to determine auditor's remuneration. Based on proxies received prior to the meeting, this resolution received 57,286,376 votes in favour, representing 99.91% of the votes cast at the Meeting.
7. Authorisation for Directors to Allot Shares
On a vote by show of hands, the directors were authorised to allot up to a maximum of 114,434,302 ordinary shares, with the authority expiring at the close of the next annual general meeting. Based on proxies received prior to the meeting, this special resolution received 48,051,709 votes in favour, representing 91.62% of the votes cast at the Meeting.
8. Authorisation for Directors to Issue Ordinary Shares
On a vote by show of hands, the directors were authorised to issue up to a maximum of 114,434,302 ordinary shares, with the authority expiring at the close of the next annual general meeting. Based on proxies received prior to the meeting, this resolution received 40,743,450 votes in favour, representing 77.68% of the votes cast at the Meeting.
9. Authorisation to Amend the Articles
To amend the Articles of Association of the Company by the deletion of Articles 31.2, 31.3 and 31.4. Based on proxies received prior to the meeting, this special resolution received 48,081,413 votes in favour, representing 91.69% of the votes cast at the Meeting.

Details of the proxy votes received by the Company before the Meeting in respect of each resolution are available on the Company's website (www.minera-irl.com).

Minera IRL Limited is a AIM, TSX and BVL listed precious metals mining and exploration company with operations in Latin America. Minera IRL is led by a management team with extensive operating experience in South America. In Peru, the Company operates the Corihuarmi Gold Mine and the advanced Ollachea Gold Project. The Company also has a 51% interest in the Don Nicolás joint venture in Argentina with CIMINAS. For more information, please visit www.minera-irl.com.

The AIM, BVL and Toronto Stock exchanges neither approves nor disapproves the information contained in this News Release.

Contact Information

  • Minera IRL
    Jeremy Link, Business Development
    +1 (416) 907 7363

    Canaccord Genuity Limited
    (Nominated Adviser & Broker, London)
    Neil Elliot
    Emma Gabriel
    + 44 (0)20 7523 8000

    finnCap (Co-broker, London)
    Geoff Nash (Corporate Finance)
    Matthew Robinson (Corporate Finance)
    Elizabeth Johnson (Corporate Broking)
    + 44 (0)20 7600 1658

    Buchanan (Financial PR, London)
    Bobby Morse
    Gordon Poole
    Louise Mason
    +44 (0)20 7466 5000