Minera IRL files final base shelf prospectus with Canadian securities regulatory authorities

Minera IRL Limited (Minera), a Latin America gold mining company, announced that it has filed and obtained a receipt for a final short form base shelf prospectus with the securities regulatory authorities in each of the Provinces of Canada, other than Quebec, further to its filing of a preliminary base shelf prospectus previously announced on May 25, 2012. This final base shelf prospectus will allow the Company to make securities offerings up to an aggregate initial offering price of CAD$80 million during the 25-month period that the final short form base shelf prospectus remains effective. Unless otherwise specified in a shelf prospectus supplement, the net proceeds from the sale of the Securities will be used for general corporate purposes including capital expenditures and working capital. Minera IRL was advised by a team of Fasken Martineau lawyers that included Charles Higgins, Martin Fisher-Haydis, Laura Fetter, and Jennifer Butcher (securities), and Ron Nobrega (tax) and Mark Camilleri (AIM).