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Minera IRL Limited: Director's Dealing

LONDON, UNITED KINGDOM and TORONTO, ONTARIO--(Marketwire - Feb 1, 2013) - Minera IRL Limited ("Minera IRL" or the "Company"), (IRL.TO)(MIRL.L)(MIRL.L) 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.