Mr. Ian Harris reports

LIBERO COPPER ESTABLISHES "AT-THE-MARKET" EQUITY PROGRAM

Libero Copper & Gold Corp. has established an at-the-market equity distribution program. The ATM program allows Libero to issue and sell, at its discretion, common shares in the capital of Libero that would have the aggregate sales amount of up to $5-million, to the public from time to time through Research Capital Corp., acting as agent. All common shares sold under the ATM program will be sold at the prevailing market price at the time of the sale, directly through the TSX Venture Exchange or any other recognized marketplace upon which the common shares are listed, quoted or otherwise traded in Canada. Libero currently intends to use the net proceeds from the ATM program to the extent raised, for exploration of the Mocoa copper-molybdenum project 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 Jan. 22, 2025, entered into between Libero and the agent. Pursuant to the equity distribution agreement, the agent will receive a 2.0-per-cent commission on the gross proceeds from each sale of common shares under the ATM program.

The ATM program will be effective until the earlier of: (i) the issuance and sale of all of the common shares issuable pursuant to the ATM program; and (ii) Dec. 29, 2026, unless terminated prior to such date by Libero 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 is qualified by a prospectus supplement dated Jan. 22, 2025, to Libero's final short form base shelf prospectus filed in all of the provinces and territories of Canada, dated Nov. 29, 2024. Copies of 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 & Gold at 3123 595 Burrard St., PO box 49139, Vancouver, B.C., Canada, V7X 1J1 (telephone 604-609-6103) and are available on the company's profile on SEDAR+.

About Libero Copper & Gold Corp.

Libero Copper is led by a team with rare experience -- having advanced projects from postresource discovery to the path of construction, including some of the few large copper projects built in the last 20 years. This real-world expertise drives Libero Copper's focus on relationships, responsibility, trust and a relentless commitment to sustainable progress.

At the core of Libero Copper's portfolio is the Mocoa copper-molybdenum porphyry deposit in Putumayo, Colombia. Mocoa stands as a cornerstone asset with immense potential for expansion.

Now, with the Fiore Group's bold company-building vision behind it, Libero Copper is uniquely positioned to fill a crucial gap in the copper industry -- advancing large-scale projects toward construction. Through this approach, Libero Copper is committed to creating lasting value for all stakeholders while positioning itself at the forefront of meeting the growing global demand for copper -- the metal driving progress in the modern economy.

We seek Safe Harbor.