2nd Apr 2008 15:41
Minera IRL Limited02 April 2008 Minera IRL Limited ('Minera' or 'the Company') Issue of Equity Minera announces that 56,386 ordinary shares of no par value ("Shares") arebeing issued in lieu of cash interest payments on certain debt obligations("Debt") of the Company. These shares are being issued at the election of thelender as permitted under the terms of the Debt facility. Upon admission, theShares shall rank pari passu in all respects with the existing issued ordinaryshares of the Company. Application has been made to AIM for the admission to trading of the Shares("Admission"), and dealings are expected to commence at 8.00 a.m. on 8 April2008. Upon Admission, the Company's enlarged issued share capital will comprise61,883,422 ordinary shares with voting rights. The Company does not hold anyshares in treasury. This figure of 61,883,422 Ordinary Shares may be used byshareholders in the Company as the denominator for the calculations by whichthey will determine if they are required to notify their interest in, or achange in their interest in, the share capital of the Company under the FSA'sDisclosure and Transparency Rules. For more information contact: Minera IRL +61 (0)408 888 803Courtney Chamberlain, Executive Chairman or +51 1 4181230Trish Kent, Manager, Corporate Relations Arbuthnot Securities (Nomad & Broker, London) + 44 (0)20 7012 2000Paul VanstoneInna Vassina Bankside Consultants (Financial PR, London) + 44 (0)20 7367 8888Simon RothschildLouise Mason Credibolsa (Broker, Lima) + 55 13132900Christian Chocano Synergy Asociados (Public Relations, Lima) + 511 446 2055/446 1832Magaly Villena + 511 9400 8101Jorge Leon + 551 9837 5186 Minera IRL Limited ('MIRL') is the holding company of a precious metals miningcompany focused on the Andean Cordillera of South America. MIRL is led by anexperienced senior management team with extensive industry experience,particularly in operating in South America. The Group has acquired and advanceda portfolio of projects. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
MIRL.L