This is CEREBRO, the newsletter of Britain's X-MEN FAN CLUB.
I don't know much about the history of this club, or its newsletter, so I thought I'd run this to see if it stirs any memories.
Run by Geoff Lampey (whom - I have an idea - may have also gone under another name, although I can't recall why I think that), the newsletter was a substantial affair dedicated to the various incarnations of the X-Men themselves, as well as the spin-off titles (such as ALPHA FLIGHT, above) and the various solo projects of the X-members.
I was never a member, but I did pick up a few back issues of the newsletter from Bristol's FOREVER PEOPLE comic book store sometime in the eighties. Over the years, I misplaced those issues (I distinctly remember an "X-Ducks cover, spoofing the iconic Giant-Sized X-Men 1) but somehow acquired the one pictured above. I'd love to get my grasping fan-boy hands on more.