Minera IRL Ltd. expands upon the path forward following its recent settlement agreement with Corporacion Financiera de Desarrollo . While the agreement with COFIDE, which was signed at midnight on November 10, 2020, is simple, it took extraordinary effort to complete. Dealing with government bodies is never quick or easy, but dealing with them [...]
Minera IRL Ltd. , is pleased to announce that it has settled its dispute with Corporacion Financiera de Desarrollo , opening a clear path forward to fund and complete its flagship Ollachea gold mine. In the settlement agreement, which was formally approved by COFIDE’s Board of Directors late Tuesday, November 10, 2020, the parties have agreed that [...]
Minera IRL Ltd. , announces that trading of its shares on the Canadian Securities Exchange has been halted today at the Company’s request pending the release of material news by the Company. The Lima Stock Exchange has also halted trading. The Company intends to disseminate a press release describing the material news tomorrow morning. [...]
Minera IRL Ltd. announces that the Board of Directors of Corporaci?n Financiera de Desarrollo has today deferred approval of the proposed settlement agreement with the Company. At COFIDE’s request, the parties have agreed to extend the MOU until November 7, 2020. The Company expects that the COFIDE Board will revisit approval of the settlement [...]
Minera IRL Ltd. , , announces that it signed, on June 30th, 2020, the first amendment to the Memorandum of Understanding with Corporaci?n Financiera de Desarrollo SA, . In this way, both parties agreed to ratify the validity and effectiveness of the conversations held, during the period of National Emergency established by the Peruvian State [...]
Minera IRL Ltd. , , has been asked by the Investment Industry Regulatory Organization of Canada to comment on the recent increase in the trading volume and price of the Company’s common shares. The Company is not aware of any material change in its business or affairs that has not been publicly disclosed that would account for the recent increase [...]
Minera IRL Ltd. , , announces that it has postponed the filing of its interim financial statements, management's discussion and analysis and related documents for the three-month period ended March 31, 2020, due to logistics and delays caused by the COVID-19 pandemic. The Company is relying on exemptive relief recently granted by Canadian [...]
Minera IRL Ltd. , , a gold mining company of Latin America, is pleased to report that despite the COVID-19 emergency, it has exceeded its production goals, increased sales, ensured the provision of operating supplies and at the request of its workers, allowed them to remain in the mine, which remains free of infection, protecting them and their [...]
Minera IRL , the Latin American gold mining company, is pleased to announce that a Memorandum of Understanding was signed with the Corporación Financiera de Desarrollo S.A. on the 31st December 2019. The objective of the MOU is to allow the parties to reach an agreement in settlement of the obligations imposed by the arbitration award [...]
Minera IRL Ltd. , , the Latin American gold mining company, is pleased to announce that it held its annual general meeting on 21 November 2019 in Vancouver, Canada and that the Company’s shareholders adopted all of the resolutions presented, receiving the annual financial statements, re-electing the two incumbent directors , and re-appointing [...]
Minera IRL Ltd. is pleased to announce that the Court of Arbitration presiding over the Company’s dispute with Corporacion Financiera de Desarrollo has issued a Decision rejecting COFIDE’s request to modify the Final Award that was originally issued by the Arbitration Panel. The Decision confirms the terms of the Final Award, which were [...]
Minera IRL Ltd. is pleased to announce that the Court of Arbitration presiding over the Company’s dispute with Corporación Financiera de Desarrollo has issued its Final Arbitration Award. The Court of Arbitration from the Arbitration Center of the Chamber of Commerce of Lima ruled in favor of the Company on five of the seven claims [...]