Minera IRL Limited announced that pursuant to the Articles of Association of the Company and Toronto Stock Exchange listing rules, the Company must have at least three board members. Immediately subsequent to the Meeting, in response to the resolution to re-elect Mr. Hodges not being approved, Mr. Fryer and Dr. Jones, being the remaining directors of the Company, appointed Mr. Jaime A. Pinto to the board of directors, subject to regulatory approval. Mr. Pinto has been practicing law since 1982 and is currently the principal partner of Estudio Pinto & Abogados law firm in Lima, Peru since October 2010.

From August 2008 to September in 2010, Mr. Pinto was a partner at Lema, Solari & Santivanez, a law firm located in Lima, practicing corporate finance and restructuring, energy, telecommunications, privatizations and concessions.