Libero Copper & Gold Corporation (TSX-V: LBC) (OTCQB: LBCMF) (DE: 29H) announces it has closed the final tranche of the non-brokered private placement announced February 7, 2023 and increased February 10 and 13, 2023 and issued 3,200,000 units, with each unit consisting of one common share and one common share purchase warrant at a price of $0.15 per unit for cumulative gross proceeds of approximately $2.5 million. Each Warrant entitles the holder thereof to acquire one additional common share at a price of $0.22 until February 17, 2025. The net proceeds will be used for exploration at the Mocoa and Esperanza porphyry copper projects and general working capital.

Existing strategic investor, Anglo Asian Mining Plc, invested in the final tranche of the Offering to maintain their 19.9% interest in Libero Copper. Shares issued in this tranche to Anglo Asian Mining Plc are subject to a hold period expiring June 18, 2023, pursuant to the policies of the TSX Venture Exchange.

About Libero Copper

Libero Copper is unlocking the value of a collection of porphyry copper deposits throughout the Americas in prolific and stable jurisdictions. The portfolio includes the Mocoa deposit in Putumayo, Colombia; Esperanza in San Juan, Argentina; and Big Red and Big Bulk in the Golden Triangle, BC, Canada. These assets are being advanced by a highly disciplined and seasoned professional team with successful track records of discovery, resource development, and permitting in the Americas.