Trafigura Beheer B.V. in Iberian Minerals Corp. (TSX-V: IZN)

TORONTO, Oct. 22 /CNW/ - Trafigura Beheer B.V. ("Trafigura") announced today that it has acquired an additional 22,000,000 common shares (the "Common Shares") of Iberian Minerals Corp. ("Iberian") pursuant to the exercise of warrants. As a result, Trafigura now owns, or exercises control or direction over an aggregate of 177,426,163 Common Shares, which represent approximately 49.28% of the outstanding Common Shares. 

Trafigura has acquired the Common Shares for investment purposes. Depending on market and other conditions, Trafigura may change its beneficial ownership of, or control or direction over, Common Shares through market transactions, private agreements, treasury issuances, exercise of warrants or otherwise.

Trafigura is one of the world's leading international commodity traders, specializing in the oil, minerals and metals market, with 67 offices in 44 countries in Europe, Africa, Asia, Australia, and North, Central and South America. Its principal corporate offices are in Amsterdam, London and Lucerne.

In connection with this news release an early warning report will be filed by Trafigura in accordance with applicable securities laws. 

This press release has been issued in order to comply with applicable securities legislation.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

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