Mr. Ian Harris reports
LIBERO COPPER ANNOUNCES NON-BROKERED PRIVATE PLACEMENT
Libero Copper & Gold Corp. has arranged a non-brokered private placement for aggregate gross proceeds of $2.5-million. The offering will consist of 10 million units at a price of 25 cents per unit. 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 50 cents 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.
The company intends to use the net proceeds from the offering for working capital and general corporate purposes.
About Libero Copper
& Gold Corp.
Libero Copper is a mineral exploration company, which is focused on unlocking the value of the Mocoa copper-molybdenum porphyry deposit located in Putumayo, Colombia. Mocoa is being advanced by a highly disciplined and seasoned professional team with successful records of discovery, resource development and permitting in Colombia. Libero Copper prioritizes building strong relationships with the communities in which it operates and is dedicated to creating long-term value for its shareholders through responsible exploration to fuel the green energy future.
We seek Safe Harbor.
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