Iberian Minerals Corp
			Symbol			IZN
			Shares Issued			338,055,865
			Close 2009-11-25			C$ 0.55
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Iberian Minerals completes second draw on bridge loan

2009-11-26 09:10 ET - News Release

Ms. Laura Sandilands reports

IBERIAN MINERALS DRAWS ON BRIDGE

Iberian Minerals Corp. has completed the second draw under the previously announced bridge financing of up to $21-million (U.S.) with Trafigura Beheer BV. The second and final draw was for a total of $5-million (U.S.). On drawdown, 5,238,095 warrants were issued to Trafigura. Each warrant is exercisable for one registered share of Iberian at 52 cents for a period of one year.

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