Libero Copper's "At-The-Market" Equity Program: A Strategic Move for Growth

In a strategic move to enhance its financial flexibility and fuel its growth prospects, Libero Copper & Gold Corporation (LBC) has established an "at-the-market" equity program (ATM Program). This program, announced on March 23, 2023, allows the company to issue and sell common shares at its discretion, directly on the TSX Venture Exchange or any other recognized marketplace upon which the Common Shares are listed or quoted. The net proceeds from the sale of Common Shares under the ATM Program are intended to be used for exploration of the Mocoa Project in Putumayo, Colombia, exploration of the Esperanza Project in San Juan, Argentina, and for general corporate purposes.

The ATM Program provides Libero Copper with the ability to raise capital as needed, without the need for a formal offering process. This flexibility enables the company to take advantage of favorable market conditions to raise capital, which can help it better manage its cash flow and financial position. By allocating funds from the ATM Program to exploration activities, Libero Copper can accelerate its exploration efforts, potentially leading to the discovery of new resources and enhancing the company's growth prospects.

The price, volume, and timing of the sale and distribution of Common Shares under the ATM Program will be influenced by various factors, including market conditions, investor interest, Libero Copper's financial needs, the regulatory environment, and the Agent's role in facilitating the sale. As these factors evolve over time, the price, volume, and timing of the sale and distribution of Common Shares under the ATM Program may change. For instance, as Libero Copper advances its projects and gains more investor interest, the volume of shares sold may increase, and the price may be influenced by the company's progress and market sentiment.

The anticipated use of net proceeds from the ATM Program for exploration and general corporate purposes aligns with Libero Copper's strategic objectives and long-term vision. By investing in its key assets and maintaining a strong operational foundation, the company can maximize the potential of its porphyry copper deposits and position itself as a leading player in the copper industry. This approach helps Libero Copper to unlock the value of its collection of porphyry copper deposits throughout the Americas in prolific and stable jurisdictions.

In conclusion, Libero Copper's establishment of the "at-the-market" equity program is a strategic move that enhances the company's financial flexibility and growth prospects. By allocating funds from the ATM Program to exploration activities and general corporate purposes, Libero Copper can accelerate its exploration efforts, potentially leading to the discovery of new resources and enhancing the company's long-term vision. As the company continues to advance its projects and gain investor interest, the ATM Program will provide a valuable tool for raising capital and managing its financial position.