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Iberian Minerals Corp. (TSX VENTURE: IZN) today
announced that Murray John has resigned as director of the Company,
effective immediately. Mr. John assumed his role of Director in June
2006, chairing the Health, Safety and Environment Committee,
he was also a member of the Hedging Committee.
Mr. Daniel Vanin,
President and CEO of Iberian stated, "On behalf of the Company and the
Board of Directors, I would like to thank Murray for his many important
contributions as a Director of Iberian. His involvement in the Company's
activities was greatly appreciated, and we wish him well in all his future endeavours."
For further information, please contact the Investor
Relations Department, or visit our website,www.iberianminerals.com.
About Iberian Minerals Corp.
Iberian Minerals Corp. is a Canadian listed
global base metals company with interests in Spain andPeru. The Condestable Mine, located in Peru approximately 90 km south
of Lima operates at 2.2 million tonnes
per year producing copper, and associated silver and gold in a concentrate. The
Aguas Tenidas Mine is
in the Andalucia region of Spain approximately
110 km north-west of Seville and operates a 2.2 million tonnes per year underground mine and concentrator that
produces copper, zinc and lead concentrates that also contain gold and silver.
FORWARD LOOKING STATEMENTS:
This news release contains certain
"forward-looking statements" and "forward-looking
information" under applicable securities laws. 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", "expect", "project",
"intend", "believe", "anticipate",
"estimate", and other similar words, or statements that certain
events or conditions "may" or "will" occur. Forward
looking information may include, but is not limited to, statements with
respect to the future financial or operating performances of the Corporation,
its subsidiaries and their respective projects, the timing and amount of
estimated future production, estimated costs of future production, capital,
operating and exploration expenditures, the future price of copper, gold and
zinc, the estimation of mineral reserves and resources, the realization of
mineral reserve estimates, the costs and timing of future exploration,
requirements for additional capital, government regulation of exploration,
development and mining operations, environmental risks, reclamation and
rehabilitation expenses, title disputes or claims, and limitations of insurance
coverage. 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. Many of these assumptions
are based on factors and events that are not within the control of the
Corporation 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 changes in market conditions and
other risk factors discussed or referred to in the section entitled "Risk
Factors" in the Corporation's annual information form dated March
29, 2010. Although the Corporation 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. The
Corporation 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.
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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