IRL.to, ok I reading thru latest press release were it said shareholders did not approve 115,567,514 ordinary shares, or 30,000,000 ordinary shares of the Company to settle the principal amount of a promissory note for the sum of US$2,190,000 issued by the Company and held by Rio Tinto Mining and Exploration Limited. However looking over this again I see they did approve shares for Rio Tinto, and article 5:1 was approved and article 6.4 was not?
and then did not approve to reverse split either. So where do they go from here? SO with the bridge loan to cover other debt, does not look like they will be profitable any time soon.
