Libero Copper & Gold Corporation Closes Final Tranche Placement
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Libero Copper & Gold Corporation Closes Final Tranche Placement

byColin Sandell-Hay, Contributor - The Assay
3 years ago
Reading Time: 1 min read
Libero Copper & Gold Closes $2.7m First Tranche

Libero Copper & Gold Corporation (TSXV: LBC) has closed the final tranche of its non-brokered private placement for aggregate gross proceeds of approximately $1.9 million. The net proceeds will be used for exploration at the Mocoa and Esperanza porphyry copper projects and general working capital.

Existing strategic investor, Anglo Asian Mining Plc, invested in the final tranche of the Offering to maintain their 19.9% interest in Libero Copper by purchasing 2,600,000 Units, which, along with 70,000 Units purchased by the CEO, will be subject to a four month hold period ending May 7, 2023 pursuant to applicable policies of the TSX Venture Exchange. Ian Slater, Chairman, participated in the Offering for 1,000,000 Units which will be subject to a four month hold period ending May 1, 2023 pursuant to applicable policies of the TSX Venture exchange.

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/

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Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay, Contributor - The Assay

Colin Sandell-Hay is a multi-award-winning mining journalist and investor relations specialist with a major focus on the resources sector. He has 48 years of editorial and public relations experience, with more than 30 of those in business and resources media. His in-depth, technical knowledge was recognized in 2010 when he was presented with the coveted APPEA JN Pierce Award as the leading petroleum journalist in Australia. Colin is currently a freelance news editor and features writer for The Assay.

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