Libero Copper's Stock Option Grant: A Strategic Move for Employee Retention and Motivation

In a strategic move to retain and motivate its key personnel, Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) has announced the grant of 550,000 incentive stock options (Options) to certain directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of $0.34 per share, vesting immediately and expiring on January 6, 2035, subject to TSX Venture Exchange approval. This move aligns with the company's compensation strategy and employee retention efforts, as well as its long-term strategic goals and project timelines.

The immediate vesting of the options is a powerful tool for employee retention and motivation. By granting options that vest immediately, Libero Copper ensures that its employees have an immediate stake in the company's success. This can lead to increased loyalty and commitment, as employees are more likely to stay with the company to see the value of their options grow. Additionally, immediate vesting serves as a powerful motivator, as employees are more likely to be engaged and motivated when they have a direct financial interest in the company's performance. This can lead to increased productivity and innovation, as employees are incentivized to contribute to the company's success.

The 2035 expiration date of the options aligns with the company's long-term strategic goals and project timelines. Libero Copper's focus on large-scale copper projects, such as the Mocoa copper-molybdenum porphyry deposit in Putumayo, Colombia, requires a long-term perspective to successfully advance these projects towards construction. The 2035 expiration date allows the company to maintain a strategic vision for the development of these projects, ensuring that the options remain relevant and valuable throughout the project lifecycle. This timeframe also aligns with the company's commitment to creating lasting value for all stakeholders and positioning itself at the forefront of meeting the growing global demand for copper.