Trafigura Beheer B.V. Amsterdam's Holdings in Iberian
16 2월 2008 - 2:32AM
Marketwired
TORONTO, ONTARIO
Trafigura Beheer B.V. Amsterdam of Amsterdam, The Netherlands,
announced that it has acquired 65,990,833 common shares of Iberian
Minerals Corp. via private placement. As a result at closing
Trafigura Beheer B.V. Amsterdam exercised control or direction over
an aggregate of 105,420,691 common shares of Iberian Minerals
Corp., which represent approximately 42% of the outstanding Iberian
Minerals Corp. common shares.
For further information please contact:
mining_investments@trafigura.com
This press release has been issued in order to comply with
applicable securities legislation.
About Iberian Minerals Corp.
Iberian Minerals Corp. is a Canadian-based global copper and
zinc company with developing and operational interests in both
Spain, the Aguas Tenidas Project and Peru, the Condestable Mine.
Iberian Minerals Corp. is well-funded with a strong, experienced
management team and a significant partner in its largest
shareholder, Trafigura Beheer B.V.
About Trafigura Beheer B.V. Amsterdam
Trafigura is one of the largest independent commodities traders
worldwide today, with 1500 people operating 50 offices in 35
countries. Incorporated in the Netherlands and privately owned by
management and personnel, Trafigura is the 3rd largest independent
oil trader and 2nd largest base metal trader in the world. Company
turnover in 2006 was $45 billion.
FORWARD LOOKING STATEMENTS:
This news release contains certain "forward-looking statements"
and "forward-looking information" under applicable securities laws
concerning Iberian's transactions with Trafigura. Except for
statements of historical fact, certain information contained herein
constitutes forward-looking statements. Forward-looking statements
are frequently characterized by words such as "plan", "except",
"project", "intend", "believe", "anticipate", "estimate", and other
similar words, or statements that certain events or conditions
"may" or "will" occur. Forward-looking statements are based on the
opinions and estimates of management at the date the statements are
made, and are based on a number of assumptions and subject to a
variety of risks and uncertainties and other factors that could
cause actual events or results to differ materially from those
projected in the forward-looking statements. Assumptions upon which
such forward-looking statements are based included that
transactions will be completed, that all required third party
regulatory and governmental approvals for transactions will be
obtained and all other conditions to completion of the transactions
will be satisfied or waived. Many of these assumptions are based on
factors and events that are not within the control of Iberian or
Trafigura and there is no assurance they will prove to be correct.
Factors that could cause actual results to vary materially from
results anticipated by such forward-looking statements include
failure to reach definitive agreements in respect of the
contemplated transactions, as well as changes in market conditions
and other risk factors discussed or referred to in the management
information circular of Iberian dated November 20, 2007 and in the
annual Management's Discussion and Analysis for Iberian filed with
the applicable securities regulatory authorities and available at
www.sedar.com. Although Iberian has attempted to identify important
factors that could cause actual actions, events or results to
differ materially from those described in forward-looking
statements, there may be other factors that cause actions, events
or results not to be anticipated, estimated or intended. There can
be no assurance that forward-looking statements will prove to be
accurate, as actual results and future events could differ
materially from those anticipated in such statements. Iberian
undertakes no obligation to update forward-looking statements if
circumstances or management's estimates or opinions should change
except as required by applicable securities laws. The reader is
cautioned not to place undue reliance on forward-looking
statements.
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
Contacts: Iberian Minerals Corp. Norm Brewster (416)
815-8558
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