Minera IRL Limited: Director's Dealing

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.

Contact Information:

Minera IRL
Trish Kent
Vice President, Corporate Relations
+511 418 1230

Canaccord Genuity Limited
(Nominated Adviser & Broker, London)
Andrew Chubb
+ 44 (0)20 7523 8300

Canaccord Genuity Limited
(Nominated Adviser & Broker, London)
Sebastian Jones
+ 44 (0)20 7523 8300

finnCap
(Co-broker, London)
Geoff Nash (Corporate Finance)
+ 44 (0)20 7600 1658

finnCap
(Co-broker, London)
Matthew Robinson (Corporate Finance)
+ 44 (0)20 7600 1658

finnCap
(Co-broker, London)
Elizabeth Johnson (Corporate Broking)
+ 44 (0)20 7600 1658

RBC Europe Ltd
(Co-broker, London)
Stephen Foss
+44 (0)20 7653 4000

RBC Europe Ltd
(Co-broker, London)
Martin Eales
+44 (0)20 7653 4000

Buchanan
(Financial PR, London)
Bobby Morse
+44 (0)20 7466 5000

Buchanan
(Financial PR, London)
Louise Mason
+44 (0)20 7466 5000

Buchanan
(Financial PR, London)
Gordon Poole
+44 (0)20 7466 5000

Hill+Knowlton Strategies
(PR, Toronto)
Rick Harari
+1 416 413 4766