Libero Copper & Gold Corporation announced a non-brokered private placement of 10,000,000 units at a price of CAD 0.25 per unit for the gross proceeds of CAD 2,500,000 on February 16, 2024. Each unit will consist of one common share and one full common share purchase warrant with each warrant entitling the holder to acquire an additional common share at an exercise price of CAD 0.50 for a period of 36 months from the date of issuance. Completion of the offering remains subject to the approval of the TSX Venture Exchange.

All securities issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period. The company anticipates paying finders' fee, payable in cash, to certain eligible parties who introduce subscribers to the placement.