Minera IRL Says Board Completes Probe In Anticipation Of EGM Resumption

(RTTNews) - Minera IRL Ltd. (MIRL.L, IRL.TO) said that its registrar received a proxy revocation in respect of the votes whose validity came into question at the company's extraordinary general meeting or EGM of shareholders on November 26, 2015. This resulted in the adjournment of the EGM and the commencement of an investigation by the company's board of directors into the validity of such votes.

In light of such proxy revocation, the Board has determined that any potential issue with such votes has been resolved to its satisfaction and therefore the investigation has terminated. In his capacity as Chair of the EGM, Jaime Pinto confirmed that, following such proxy revocation, he presently knows of no reason that any proxies submitted for the EGM cannot be validated.

The company will re-convene the adjourned EGM in Toronto on December 16, 2015 at 10:00 a.m. EST, or 3:00 p.m. GMT.