Stocktube video
25/07/2011

Minera IRL CEO says the economics at $1600 gold price are ‘fantastic’ for the company

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Additional Information
Market: AIM
Sector: General Mining - Gold
EPIC: MIRL
Latest Price: 50.00p  (8.11% Ascending)
52-week High: 84.50p
52-week Low: 42.00p
Market Cap: 75.95M
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Minera IRL
www.minera-irl.com

Minera IRL Limited together with its subsidiaries (the "Group") is a Latin American precious metals mining, development and exploration company.  Managed by a team of experienced mining executives, the Group's business was privately funded from inception in 2000 until listing on the London AIM Market in April 2007.  Minera IRL Limited is currently quoted on the Toronto Stock Exchange (TSX:IRL), AIM London (AIM:MIRL) and the BVL, Lima, Peru (BVL:MIRL) stock exchanges.

The Group operates the Corihuarmi Gold Mine, is exploring the Ollachea Project, both of which are in Peru, and is also undertaking a feasibility study at the Don Nicolas gold project in Patagonia, Argentina.

Full Minera IRL profile here
All RNS Press Releases

RNS Release - Holding(s) in Company

2nd Nov 2011, 9:01 am
RNS Number : 3356R
Minera IRL Limited
02 November 2011
 



 


TR-1: NOTIFICATION OF MAJOR INTEREST IN SHARES



1. Identity of the issuer or the underlying issuer
of existing shares to which voting rights are
attached:

Minera IRL Limited

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments

An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the
notification obligation: iii

BlackRock, Inc.

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on
which the threshold is crossed or
reached: v

28th October 2011

6. Date on which issuer notified:

1st November 2011

7. Threshold(s) that is/are crossed or
reached: vi, vii

Holding has gone above 11%



 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

JE00B1HNYF12

12,240,094

12,240,094

N/A

N/A

13,199,154

N/A

11.04%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date xiii

Exercise/
Conversion Period xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 





 

 

Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights

13,199,154

11.04%



 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable: xxi

 

BlackRock Investment Management (UK) Limited - 13,199,154 (11.04%)


Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease
to hold:


12. Date on which proxy holder will cease to hold
voting rights:




13. Additional information:

BlackRock International Threshold Reporting Team

14. Contact name:

Andrew Manchester

15. Contact telephone number:

020 7743 5773

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
HOLEAPFAESNFFEF

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