LONDON--(Marketwire - Feb 10, 2012) -
Cheyne Capital Management (UK) LLP ("Cheyne") announces that it has, through discretionary funds it manages, acquired control of an additional 3,400,000 common shares of Iberian Minerals Corp ("Iberian") representing approximately 0.68% of the outstanding common shares of Iberian, as per Bloomberg. The total number of common shares of Iberian held by Cheyne funds is now 25,644,700; representing approximately 5.16% of the issued and outstanding common shares. Cheyne has acquired 22,244,700 common shares in Iberian since November 17th, 2011. Cheyne acquired the common shares in the open market through the facilities of the Pure Exchange. Cheyne acquired the common shares for the sole benefit of discretionary funds under management. Cheyne may, depending on market and other conditions, acquire or sell further common shares from time to time for such investment purposes on behalf of the funds. This information is provided by RNS The company news service from the London Stock Exchange END
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