Mr. Ian Harris reports

LIBERO COPPER ANNOUNCES CLOSING OF THE WARRANT INCENTIVE PROGRAM RAISING GROSS PROCEEDS OF CDN$1,660,847

Further to the press releases dated March 25, 2025, and April 10, 2025, Libero Copper & Gold Corp. has closed its warrant incentive program, receiving gross proceeds of $1,660,847 from the exercise of 8,304,234 outstanding common share purchase warrants, which includes Frank Giustra's and Ian Harris's exercise of 4,166,667 warrants, previously announced. These warrants were exercised between March 25 and April 15, 2025, at an exercise price of 20 cents.

To encourage the exercise of the outstanding warrants issued as part of the company's private placement which closed on Feb. 15, 2024, the company issued an aggregate of 8,304,234 common share purchase warrants to such warrantholders who exercised under the warrant incentive program at no additional cost. Each sweetener warrant has an exercise price of 30 cents per common shares and will expire on the original expiry date of Feb. 15, 2027.

The sweetener warrants will be subject to a four-month-and-one-day hold period from their date of issuance. The use of proceeds for any sweetener warrant exercised will be used to support exploration at Mocoa and for general working capital.

The company further reports that it has entered into an agreement with Machai Capital Inc. dated April 9, 2025, pursuant to which Machai will provide a digital marketing campaign. The term of the Machai agreement is for three months for a total retainer of $200,000 (plus GST), to be paid up front.

Under the Machai agreement, Machai will execute a comprehensive digital media marketing campaign for the company commencing in April, 2025, including branding and content creation, data optimization services, including search engine optimization, search engine marketing, lead generation, digital marketing, social media marketing, e-mail marketing and brand marketing.

Machai is a marketing, advertising and public awareness firm based out of Vancouver, B.C., specializing in advertising and public awareness in the metals and mining, technology, and special situation sectors. Machai and its principal currently hold 75,000 warrants exercisable at 50 cents until March 11, 2027.

The payment described herein will come from the company's general working capital account. Other than as discussed herein, Machai does not have any interest, directly or indirectly, in the company or any right or intent to acquire such an interest. Machai is arm's length to the company, and the Machai agreement remains subject to the approval of the TSX Venture Exchange.

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 past 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.