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bid/ask is 0.15/0.25 healthy out-sized bid.
Minera IRL To Begin Trading On Canadian Securities Exchange LIMA, PERU (Marketwired, February 02, 2017) Minera IRL Limited (“Minera IRL” or the “Company”) (BVL:MIRL) (CSE:MIRL), the Latin American gold mining Company, is pleased to announce that it will begin to trade on the Canadian Securities Exchange (“CSE”) from February 03 of 2017. The Ontario and Columbia British Securities Commissions in January lifted cease trade orders after the Company complied with all requirements. Also in January Minera IRL relisted on the Peruvian stock market, the Bolsa de Valores de Lima, as part of its efforts to maximize value for shareholders. “We are very pleased to return to trading in Canada, to provide ease of trading for our Canadian shareholders. Our intention is to resume trading in London soon,” said Diego Benavides, Chief Executive Officer and member of the board of directors. The Company is in discussion with a London based financial adviser, whom we expect to appoint to explore the options for re-listing the Company in London and then advising and assisting with the listing process. We will update shareholders on this appointment, once we have agreed to terms. The Company is currently in the process of engaging a capital markets advisor firm in Canada. Kallpa Securities acts as the capital market advisor in Peru for the Latin America region. Shareholders in Canada and the UK seeking additional information about trading their shares on the CSE are advised to consult directly with their broker. At the Corihuarmi mine, gold production in the fourth quarter was 6,149 ounces compared to 6,036 ounces produced in the same period of the prior year. Corihuarmi has been in production for eight years and produced 273,740 ounces of gold, versus the feasibility study projection of 112,000 ounces over a four year mine life. Final results are expected near the end of February. Final results of the 5,200 meter drill program in the Minapampa Far East zone at the Ollachea project are expected to be released in the first quarter. The pre-engineering studies for the Ollachea project are underway following the efforts to optimize the cost of the CAPEX. The report is expected in the first quarter of 2017. During 2017 the Company plans to continue to reduce costs, increase efficiencies, and solidify its corporate financing.
Nice find. Once we get a Canadian listing we will have turned a major corner. Great news! Atb Rich
http://incakolanews.blogspot.co.uk/ This just received from Rob Theriault, director of Listings and Regulations of the CSE exchange in Canada: Minera IRL has been granted final approval for listing on the CSE. We’re waiting for the Company to confirm their preferred listing date. Regards, Rob Theriault Otto's comment: "As for when (to answer a couple of mails), I don't know for sure but I'd have a small bet on this Thursday or Friday. You're best asking IRL about that."
We could all go out to Lima for a sort of working holiday come ****-up !! and if our share price doubles to ,say around 18/19p, we could sell the lot and then buy Peru with the proceeds !
Are you seriously telling me that I can sell my (BIG!) holding for 8p per share? It would certainly be worth my while flying to Peru if that is the case! Probably just continue to hold though! Atb
Yep. Started trading on BVL in Peru. hxxp://www.bvl.com.pe/jsp/Inf_EstadisticaGrafica.jsp?Cod_Empresa=0B1HN&Nemonico=MIRL&Listado=|MIRL. Somewhere around the 8-9p mark. Here's hoping for an eventual relist on AIM.
Are MIRL shares actually being traded on the Lima exchange? If so, at what price? Can't seem to find anything about them online! To be honest I had given up on my holding here..but there does appear to be a slight glut of hope! Lol
My earlier post should have read '' lifting of the cease trade order ''
I wonder what the time frame is between the ' announcement ' of the cease trade order and the actuality ?? . Also , I suppose one could go out to Lima ( after retrieving one's share certificates from your uk broker ) and then employ a Peruvian firm to start trading on one's behalf !!! Is this feasible ????
Regarding London re listing ? My broker doesn't trade Canada or Peru )-:
??? on cse
Minera IRL Limited announces revocation of cease trade orders Published: Jan 20, 2017 12:01 a.m. ET LIMA, PERU, Jan 20, 2017 (Marketwired via COMTEX) -- LIMA, PERU--(Marketwired - Jan 20, 2017) - Minera IRL Limited ("Minera" or the "Company") (bvlac:MIRL) announces that the Ontario Securities Commission, as principle regulator, and the British Columbia Securities Commission have revoked the cease trade orders issued on October 28 and October 16, 2015, respectively (the "Cease Trade Orders"). The Cease Trade Orders were issued as a result of the Company's failure to file its interim financial statements for the six-month period ended June 30, 2015 and its management discussion and analysis relating to the interim financial statements for the six-month period ended June 30, 2015, which were filed on March 28, 2016. The Company on November 9, 2016 filed an amended Annual Information Form as a result of the Ontario Securities Commission's review.
Regarding listing on a feasible exchange for trading???
Hope these get to 20 p next week
This was de bid and ask in US$ on friday close: 0.120 and 0.126
PS Pity we can't buy or sell !!!!!!
It looks like the sp finished about 11 cents so I suppose it puts it about 9 p in' grown up' money' !! . Can anyone confirm cause I'm not to good at the ol' currency lark ?
What's the price now???
Today MIRL found some support around 10 US$ cents (mínimum of 9.8 cents) then it had a rebound to 11 cents. It finish buyer al 11 cents and no sellers at close. Tomorrow (Lima) is going to be an interesting day.
It looks like the sp on the BVL is going south like the proverbial London to Brighton train , or am I reading this wrong ? any comments or thoughts ?
my broker also does not trade bvl
Minera are going to relist on the Canadian exchange and potentially aim so we can buy shares.
have spoken to my broker (H&L ) and they say that the can't deal in Peru .I find this extremely odd for such a renown company as H&L .Has anyone else had this problem ? and, more to the point , where do we go from here in terms of trading???
has anyone got access? Looking forward to minera listing on the Canadian exchange and AIM