Iberian Minerals Corporation (TSX-V: IZN) TORONTO, Oct. 26 /CNW/ - Trafigura Beheer B.V. Amsterdam of Amsterdam, The Netherlands, announced that it has acquired 2,072,100 common shares of Iberian Minerals Corp. on the open market. As a result Trafigura Beheer B.V. Amsterdam now exercises control or direction over an aggregate of 17,649,358 common shares of Iberian Minerals Corp., which represent approximately 14.7% of the outstanding Iberian Minerals Corp. common shares. Trafigura is one of the world's largest commodity and metal trading companies with a turnover of US$28.4 billion in 2005. Trafigura also operates three base metal mining assets in Peru and Mexico and has a large interest in Volcan, Peru's largest producer of zinc and lead. This press release has been issued in order to comply with applicable securities legislation. The TSX Venture Exchange does not accept responsibility for the adequacy of accuracy of this release.