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Libero Copper Acquires the Mocoa Porphyry Copper Deposit From B2Gold
Jun. 18, 2018 08:51AM PST
Base Metals Investing Libero Copper has announced that the transaction announced on May 9 to acquire 100 percent of the Mocoa porphyry copper-molybdenum deposit in Colombia from B2Gold has closed.
Libero Copper (TSXV:LBC) has announced that the transaction announced on May 9 to acquire 100 percent of the Mocoa porphyry copper-molybdenum deposit in Colombia from B2Gold (TSX:BTO) has closed.
ibero Copper has issued 10,400,000 common shares to B2Gold comprising a 19 percent stake in Libero Copper and granted B2Gold a right to participate in future equity financings to maintain its then current stake.
B2Gold has retained a 2 percent net smelter returns royalty on the project and granted Libero Copper a right of first refusal on a sale of the royalty.
Click here to read the full Libero Copper (TSXV:LBC) press release.
