Libero Copper & Gold Corporation (TSXV: LBC) has closed the first tranche of its non-brokered private placement for aggregate gross proceeds of approximately $1 million.
The net proceeds will be used for exploration at the Mocoa and Esperanza porphyry copper projects in Argentina and general working capital.
Existing strategic investor, Anglo Asian Mining Plc, will invest in the final tranche of the Offering to maintain their 19.9% interest in Libero Copper. Ian Slater, Chairman, participated in the Offering for 1,000,000 Units which will be subject to a four month hold period ending May 1, 2023 pursuant to applicable policies of the TSX Venture exchange.
Red Cloud Securities Inc., Canaccord Genuity Corp., Haywood Securities Inc., and Blue Lakes Advisors SA are each acting as a finder in connection with the Offering.
About Libero Copper & Gold
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.
For further information please visit: https://liberocopper.com/