Minera IRL Limited announced the appointment of Mr. Diego Benavides as Director and Chief Executive Officer, Mr. Michael Iannacone as Independent Director, Mr. Gerardo Perez as Independent Chairman and Mr. Carlos Ruiz de Castilla as Chief Financial Officer, effective December 5, 2016. Mr. Diego Benavides is a founding executive of Minera IRL and has been working full-time with the Company since its incorporation 15 years ago. Mr. Michael Iannacone has been the Chief Financial Officer of Adventus Realty Services Inc, a significant and well capitalized Canadian Real Estate Investment Trust, since March 2013.

Prior to that he was CFO of various companies listed on the Toronto Stock Exchange, TSX Ventures Exchange and the AIM London Stock Exchange. Mr. Gerardo Perez, Independent Chairman, was appointed Director earlier this year, and has subsequently been elected by shareholders in the recent Annual General Meeting of the Company.