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Libero Copper (TSXV:LBC) closes flow-through & common share private placement

Mining, The Market Online Deal Room
TSXV:LBC
05 August 2022 16:45 (EDT)

Source: Libero Copper & Gold Corp.

Libero Copper & Gold Corp. (LBC) has closed the final tranche of its non-brokered private placement for aggregate gross proceeds of $4.5 million. 

The company issued of 2,591,000 flow-through common shares and 2,900,000 common shares at a price of $0.33 per share.

The net proceeds will be used for exploration at the Big Red porphyry copper project and general corporate purposes.

All securities issued are subject to a statutory hold period expiring four months and a day following closing.

Libero Copper & Gold Corp. (LBC) is a mineral exploration company that holds a collection of porphyry copper deposits throughout the Americas in prolific but stable jurisdictions. The portfolio includes Big Red, Big Bulk, Esperanza, and Mocoa.

Libero (LBC) was down 1.79 per cent trading at $0.275 a share as of 4:35 pm ET.


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