TSXV: IML OTCQB: SLDRF

For Immediate Release Iberian Minerals Reports on Details of the Annual and Special Meeting

Edmonton, Alberta, August 26, 2016 - Iberian Minerals Ltd. (the ``Company`` or "Iberian") (TSXV: IML) (OTCQB: SLDRF) announced that it held its Annual and Special Meeting on August 25, 2016. All of the resolutions proposed to the shareholders detailed in the Notice of Annual General Meeting of Iberian Minerals Ltd. dated July 29, 2016 were duly passed.

Resolutions which were passed included:

The following six (6) incumbent directors were re-elected for the coming year: Greg Pendura

Akiva Borenstein Darcy Thiele

Brent Fleischhacker Rick Purdy

Duane Nelson

The re-appointment of K.R. Margetson Ltd., Chartered Accountants as Iberian Minerals' auditor; approval of the Advance Notice By-Law section 11; approval to change the name of the Corporation at a future date, if so determined by the Board of Directors.

With the recently announced corporate updates, the Company has retained the services of Renmark Financial Communications Inc. to support its investor relation and public relation activities for a monthly retainer of $2,500 commencing September 1, 2016.

Iberian also announces that its second quarter financial results have been released and are available on the Company's website at www.iberianminerals.ca and on SEDAR at www.sedar.com

About Iberian Minerals

Iberian Minerals is a Canadian junior mining company positioned for growth through the partnership of advanced cash flow mining opportunities utilizing the Mineworx environmentally friendly toll processing technologies. In addition the Company is undertaking strategic alliances with its Spanish minerals assets.

For further information, go to www.iberianminerals.ca

For further information contact:

IBERIAN MINERALS LTD. Renmark Financial Communications Inc.

Rick Gliege, V.P. Corporate Development Steve Hosein: shosein@renmarkfinancial.com rick@iberianminerals.ca Media - D. Elizabeth Culley: dculley@renmarkfinancial.com Tel: (250) 751-3661 Tel: (416) 644-2020 or (514) 939-3989

www.renmarkfinancial.com

Neither the 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.

Iberian Minerals Ltd. published this content on 26 August 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 August 2016 16:19:05 UTC.

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