LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwire - Feb. 1, 2013) - Minera IRL Limited ("Minera IRL" or the "Company"), (TSX:IRL)(AIM:MIRL)(BVLAC:MIRL) notifies that Napoleon Valdez, a Director of the Company, today subscribed for 350,000 ordinary shares in the Company at a purchase price of C$0.71 per share (GBP0.45 per ordinary share) pursuant to the Company's C$15,300,500 offering which was announced earlier today.
As a result of the above dealing, Napoleon's beneficial interest in the Company is 894,000 ordinary shares representing 0.52% of the Company's enlarged issued share capital.