Libero Copper & Gold Corporation (TSXV:LBC) is undertaking a brokered private placement for gross aggregate proceeds of up to $3 million. The net proceeds will be used for exploration at the Big Red porphyry copper project.
The gross proceeds from the FT Offering will be used to incur ‘Canadian exploration expenses’ that will qualify as ‘flow-through mining expenditures’ as those terms are defined in the Income Tax Act (Canada) which will be renounced to the initial purchasers of the Flow-Through Shares.
Eventus Capital Corp. is acting as a finder in connection with the FT 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://www.liberocopper.com/