Mr. Ian Harris reports

LIBERO COPPER ESTABLISHES AT-THE-MARKET EQUITY PROGRAM

Libero Copper & Gold Corp. has established an at-the-market (ATM) equity program. The ATM program allows Libero Copper to issue and sell, at its discretion, up to $5-million of common shares in the capital of Libero Copper to the public from time to time through Independent Trading Group (ITG) Inc., as sole agent, at the prevailing market price when issued, directly on the TSX Venture Exchange or any other recognized marketplace upon which the common shares are listed or quoted or where the common shares are traded in Canada. Libero Copper intends to use the net proceeds from any sales of common shares under the ATM program for exploration of its Mocoa project located in Putumayo, Colombia; for exploration of its Esperanza project located in San Juan, Argentina; and for general corporate purposes.

Distribution of common shares under the ATM program will be made pursuant to the terms of an equity distribution agreement dated March 22, 2023, entered into between Libero Copper and the agent.

The ATM program will be effective until the earlier of the issuance and sale of all of the common shares issuable pursuant to the ATM program and the date on which the receipt issued for Libero Copper's base shelf prospectus dated Feb. 23, 2022, ceases to be effective in accordance with Canadian securities laws, unless terminated prior to such date by Libero Copper or the agent. As common shares sold in the ATM program will be issued and sold at the prevailing market price at the time of the sale, prices may vary among purchasers during the period of distribution.

The offering under the ATM program will be made pursuant to a prospectus supplement dated March 22, 2023, to the base shelf prospectus, which has been filed with the applicable securities regulatory authorities in each of the provinces and territories in Canada. The equity distribution agreement, the prospectus supplement and the base shelf prospectus may be obtained on request, without charge, from the corporate secretary of Libero Copper at Suite 905, 1111 West Hastings St., Vancouver, B.C., V6E 2J3 (telephone: 1-778-372-2553), and are available on SEDAR.

About Libero Copper & Gold Corp.

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 in British Columbia, Canada. These assets are being advanced by a highly disciplined and seasoned professional team with successful records of discovery, resource development and permitting in the Americas.

We seek Safe Harbor.