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Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (" Libero Copper ") is pleased to announce that it has closed the final tranche of its previously announced non-brokered private placement (the " Offering ") by issuing 7,000,000 units (" Units ") at a price of $0.50 per Unit for gross proceeds of $3,500,000 . Together with the first tranche of the Offering (see news release dated December 2, 2021 ), and second tranche of the offering (see news release dated December 22, 2021 ) Libero Copper has received total gross proceeds of $8,300,000 .

Libero Copper & Gold Corporation Logo (CNW Group/Libero Copper & Gold Corporation.)

Anglo Asian Mining plc (" Anglo Asian "), an AIM listed gold, copper, and silver producer primarily focused in Azerbaijan , has become the largest shareholder of Libero Copper acquiring a total of 12,600,000 Units and holds 19.8% of the issued and outstanding common shares of Libero Copper on a non-fully diluted basis.

Each Unit comprises of one common share (each, a " Unit Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant "). Each Warrant issued in this final tranche entitles the holder thereof to purchase one common share (each, a " Warrant Share ") at a price of C$0.75 until January 26, 2024 . If during the exercise period of the Warrants, but after the resale restrictions on the Common Shares have expired, the closing price of the Common Shares is at a price equal to or greater than $1.00 for a period of 10 consecutive trading days, Libero Copper will have the right to accelerate the expiry date of the Warrants by giving written noticeto the holders of the Warrants that the Warrants will expire on the date that is 30 days after the issuance of said notice.

The net proceeds will be used for drilling the Mocoa porphyry copper project and for working capital and general corporate purposes. Securities issued in the Offering are subject to a statutory hold period expiring on May 26, 2022 .

Appointment of Director

Anglo Asian has the right to appoint a director to the Board of Libero and has chosen Michael Sununu . Michael Sununu has a B.Sc. from the Massachusetts Institute of Technology and an MBA from The Kellogg School at Northwestern University majoring in finance and accounting. He brings a wealth of financial and directorial experience to the team. Michael has worked for JP Morgan's Oil and Mining group and his experience there included debt restructuring and the Initial Public Offering for Consol Energy. He has managed trust funds throughout his successful career, including Hudson Seven LLC, where he was a founder. His work has included developing supply, demand and pricing models for several weather influenced commodities. Currently, Michael is a founder and manager of Sununu Enterprises LLC and Sununu Holdings LLC, which specialise in planning and project development for major corporations and medium-sized firms, as well as providing strategic advisory services. Michael also presently serves as a Board Member for Purpose Energy Inc. and as a member of the Investment Committee for the New Hampshire Historical Society.

Ian Harris , Libero Copper President & CEO comments, "We are excited with the increased commitment of Anglo Asian Mining to Libero Copper , and welcome Michael Sununu as our newest director, who brings a lot of experience to the table specifically assisting in the management of the potential rapid growth of the company.  Also, considering the recent advancements at Mocoa, the partnership with a seasoned mine builder and operator will immediately assist in the development plans of our projects based on a shared expertise."

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 Big Red (a new grassroots discovery) in the Golden Triangle, Canada ; Esperanza in San Juan, Argentina ; and Mocoa in Putumayo, Colombia . These assets are advanced by a highly disciplined and seasoned professional team with successful track records of discovery, resource development, and permitting in the Americas.

About Anglo Asian Mining

Anglo Asian is an AIM listed gold, copper, and silver producer with a broad portfolio of production and exploration assets in Azerbaijan . Anglo Asian has recently announced a transaction with the Government of Azerbaijan which grants it three additional concessions with a combined area of 882 square kilometers which include the Garadagh porphyry copper deposit with a Soviet classified resource of over 300,000 tonnes of copper. The transaction is subject to ratification by the parliament of Azerbaijan.

The TSX Venture Exchange has neither approved nor disapproved the contents of this news release. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  This news release includes forward-looking statements that are subject to risks and uncertainties.  All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include the Company not receiving the necessary regulatory approvals in respect of the Offering, market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions and regulatory and administrative approvals, processes and filing requirements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties.  We do not assume any obligation to update any forward-looking statements.

SOURCE Libero Copper & Gold Corporation.

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Anglo Asian Mining plc - Strategic investment in Libero Copper & Gold Corporation

Anglo Asian Mining plc - Strategic investment in Libero Copper & Gold Corporation

Anglo Asian Mining plc (" Anglo Asian "), an AIM listed gold, copper and silver producer primarily focused in Azerbaijan (AIM: AAZ) and Libero Copper & Gold Corporation (" Libero "), a copper exploration company headquartered at Suite 905 1111 West Hastings Street, Vancouver BC V6E 2J3 (TSXV: LBC) announce today that Anglo Asian has increased its stake in Libero to approximately 27.07% in the issued and outstanding common shares of Libero on a fully diluted basis by subscribing for 7,000,000 units (each, a " Unit ") of Libero at a purchase price of $0.50 per Unit for gross proceeds of $3,500,000 to Libero. Each unit comprises of one common share of Libero (a " Common Share ") and one half common share purchase warrant of Libero with an exercise price of $0.75 (a " Warrant " and all of the foregoing being, the " Subscription ").

Anglo Asian owned 5,600,000 common shares of the Issuer and 2,800,000 common share purchase warrants of the Issuer prior to the Subscription. Following the Subscription, it is now the beneficial owner of 12,600,000 Common Shares and 6,300,000 Warrants, which together represent approximately 27.07% of the issued and outstanding common shares of the Issuer on a fully diluted basis.

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LIBERO COPPER SIGNS EXPLORATION DRILLING CONTRACT FOR THE MOCOA PORPHYRY COPPER-MOLYBDENUM PROJECT IN COLOMBIA

LIBERO COPPER SIGNS EXPLORATION DRILLING CONTRACT FOR THE MOCOA PORPHYRY COPPER-MOLYBDENUM PROJECT IN COLOMBIA

Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to announce signing of an exploration drilling contract with Kluane Colombia, S.A.S., a subsidiary of Kluane Drilling Ltd. (Kluane), for a minimum of 5,000 metres of drilling at the Mocoa Porphyry Copper-Molybdenum Deposit in Colombia.   A KD-1000 drill (a proprietary build of Kluane) is currently being mobilized.  The KD-1000 is modular and highly portable and can reach depths over 1,200 metres.

Libero Copper & Gold Corporation Logo (CNW Group/Libero Copper & Gold Corporation.)

"We are very excited about partnering with Kluane to begin exploration drilling at Mocoa.  Kluane have a proven track record of professional operation in Colombia , operating their own modular and portable drills.  These drills will dramatically reduce the footprint of our exploration activities.  However, more importantly in the selection process was that Kluane is highly aligned with Libero Copper's high environmental and social standards, including maximizing opportunities for employment, and contracting locally," comments Ian Harris , President & CEO.  "Mobilization of materials and supplies to site has already begun with the drill expected to be in Mocoa by end of the month.  This first 5,000 metre phase of drilling will focus on the expansion of the existing resource. We consider local engagement to be a core component to the development of Mocoa, and therefore we will be investing strongly in the hiring and training of locals to support an expanding drill campaign."

Q4 Webinar

On Thursday, January 27 , Libero Copper will hold its quarterly webinar at 2:00 pm Eastern Time . President & CEO, Ian Harris will recap Q4 2021 deliverables and outline 2022 exploration plans. The update will be followed by a Q&A session. To register, follow https://www.redcloudfs.com/rcwebinar-lbc-2/

About the Mocoa Porphyry Copper-Molybdenum Deposit

The Mocoa deposit is located in the department of Putumayo, 10 kilometres from the town of Mocoa. It was discovered in 1973 when the United Nations (UN) and the Colombian government conducted a regional stream geochemical survey.  Between 1978 and 1983, an exploration program was carried out that consisted of geological mapping, surface sampling, ground geophysics (IP, magnetics), 31 diamond drill holes totaling 18,321 metres, and metallurgical test work cumulating in a positive pre-feasibility study.  B2Gold subsequently executed diamond drill programs in 2008 and 2012.

A pit constrained inferred resource at Mocoa contains 636 million tonnes of 0.45% CuEq* at 0.25% cut-off containing 4.6 billion pounds of copper and 511 million pounds of molybdenum. Mocoa is open in both directions along strike and at depth. Additional porphyry surface targets have been identified and are drill ready.

The Mocoa deposit is situated in the Eastern Cordillera of Colombia , a 30-kilometre-wide tectonic belt underlain by volcano-sedimentary, sedimentary and intrusive rocks that range in age from Triassic-Jurassic to Quaternary, and by remnants of Paleozoic metasediments and metamorphic rocks of Precambrian age. This belt hosts several other porphyry-copper deposits, such as Mirador (438 million tonnes measured and indicated at 0.61% Cu and 235 million tonnes inferred at 0.52% Cu) 1 , San Carlos (600 million tonnes inferred at 0.59% Cu) 2 , Panantza (463 million tonnes inferred at 0.66% Cu) 2 , and Solaris' Waritza, located in Ecuador .

Copper-molybdenum mineralization is associated with a dacite porphyry intrusion of the Middle Jurassic age that are emplaced into andesitic and dacitic volcanics. The Mocoa porphyry system exhibits a classical zonal pattern of hydrothermal alteration and mineralization, with a deeper central core of potassic alteration overlain by sericitization and surrounded by propylitization. Mineralization consists of disseminated chalcopyrite, molybdenite, and local bornite associated with multiphase veins, stockwork, and hydrothermal breccias. The Mocoa deposit is roughly cylindrical, with a 600 metre diameter, high-grade copper-molybdenum mineralization continues to depths in excess of 1,000 metres.

* No adjustments were made for recovery as the project is an early-stage project and metallurgical data to allow for estimation of recoveries is not yet available. Libero Copper defines copper equivalent (CuEq) calculation for reporting purposes only. In-pit resource contained within shell generated using US$3/lb Cu and US$10/lb Mo. CuEq%=Cu%+Mo% × 3.33.

1 Technical Report: "Mirador Copper-Gold Project 30,000 TPD Feasibility Study" dated effective April 3, 2008

2 Technical Report: "Preliminary Assessment Report Panantza & San Carlos Copper Project" dated effective October 30, 2007

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 Big Red (a new grassroots discovery) and Big Bulk in the Golden Triangle, Canada ; Esperanza in San Juan, Argentina ; and Mocoa in Putumayo, Colombia . These assets are advanced by a highly disciplined and seasoned professional team with successful track records of discovery, resource development, and permitting in the Americas.

Thomas Mumford , Ph.D., P.Geo, a qualified person under National Instrument 43-101, has reviewed the technical information contained in this news release on behalf of Libero Copper .

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.  This news release includes forward-looking statements that are subject to risks and uncertainties.  All statements within, other than statements of historical fact, are to be considered forward looking. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions and regulatory and administrative approvals, processes and filing requirements. There can be no assurances that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of such uncertainties. We do not assume any obligation to update any forward-looking statements.

SOURCE Libero Copper & Gold Corporation.

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LIBERO COPPER INTERCEPTS 97 METRES OF 0.34% COPPER EQUIVALENT AT BIG BULK

LIBERO COPPER INTERCEPTS 97 METRES OF 0.34% COPPER EQUIVALENT AT BIG BULK

Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) is pleased to report assay results for the five hole, 1,743 metre drill program at the Big Bulk porphyry copper project in British Columbia's Golden Triangle. Results suggest the presence of a large mineralizing system, with new drill results confirming a greater than two kilometre strike length.

Big Bulk Highlights

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LIBERO COPPER UPSIZES FINANCING TO $8.3 MILLION AND ANNOUNCES CLOSING OF SECOND TRANCHE

LIBERO COPPER UPSIZES FINANCING TO $8.3 MILLION AND ANNOUNCES CLOSING OF SECOND TRANCHE

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Libero Copper & Gold Corporation (TSXV:LBC) (OTCQB:LBCMF) (DE:29H) (" Libero Copper ") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the " Offering ") by issuing 5,600,000 units (" Units ") at a price of $0.50 per Unit for gross proceeds of $2,800,000 . Together with the first tranche of the Offering (see news release dated December 2, 2021 ), Libero Copper has received total gross proceeds to date of $4,800,000 . The final tranche of $3,500,000 will close upon receipt of TSX Venture Exchange approval.

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Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

Libero Copper Upsizes Private Placement to $7 Million and Announces Closing of First Tranche

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES /

Libero Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF) (DE: 29H) (" Libero Copper ") is pleased to announce that due to strong investor demand, it has increased the non-brokered private placement announced on November 8, 2021 (the " Offering ") for the sale of up to 14,000,000 units (the " Units ") at a price of $0.50 per Unit for gross proceeds of up to $7,000,000 . Each Unit will be comprised of one common share (each, a " Unit Share ") and one half of one common share purchase warrant (each whole warrant, a " Warrant ").

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Hot Chili Limited

Another High Grade Boost for Cortadera 658m at 0.6% CuEq including 130m at 0.9% CuEq

Hot Chili Limited (ASX: HCH) (TSXV: HCH) (OTCQX: HHLKF) (“Hot Chili” or “Company”) is pleased to report another outstanding drill result at the Cortadera porphyry deposit, part of the Company’s Costa Fuego, coastal range, copper-gold hub in Chile.

Highlights

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LME Copper vs. COMEX Copper

LME Copper vs. COMEX Copper

For those new to copper investing, keeping track of copper prices can be confusing. Below is a look at the different metals exchanges that copper investors should know about.

Copper traded on the London Metal Exchange (LME), or LME copper, is priced per metric ton (MT), but COMEX copper, or contracts traded on the COMEX division of the New York Mercantile Exchange (NYMEX), are priced per pound.

Both markets provide valuable information for those following the copper market or investing in copper stocks. Here’s a short overview of both LME copper and COMEX copper, and why it’s important for investors to know what they are.

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Turquoise Hill Announces Amendment to Comprehensive Financing Arrangement with Rio Tinto

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) ("Turquoise Hill" or the "Company") today announced that the Company and Rio Tinto International Holdings Limited ("Rio Tinto") have agreed to amend the comprehensive funding arrangement to, among other things, provide interim debt funding from Rio Tinto to address the Company's near-term estimated funding requirements and to extend the date by which Turquoise Hill is required to raise additional equity capital.

On March 14, 2022, Rio Tinto announced a non-binding proposal to acquire the approximately 49% of the outstanding shares of Turquoise Hill held by the Company's minority shareholders for cash consideration of C$34.00 per share (the "Proposal"). In response to the Proposal, the Board of Directors of the Company formed a special committee of independent directors (the "Special Committee") to review and consider the Proposal. The mandate of the Special Committee includes responsibility for considering the Company's liquidity needs and financing options pending the Company's consideration of the Proposal.

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Trailbreaker Resources Ltd

Trailbreaker Resources Acquires the Eagle Lake Property in South-Central BC, Adjacent to Woodjam Copper

Trailbreaker Resources Ltd. (TBK.V) (“Trailbreaker” or “the Company”) is pleased to announce the acquisition of the Eagle Lake property in south-central BC (British Columbia). The property was acquired through a combination of staking and a sale agreement with Teck Resources Limited (“Teck”) on their Takomkane property.

Eagle Lake Location Map (See high resolution version)

Highlights of the new Eagle Lake property

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Copper Pathway to 2030 Webinar Hosted by RFC Ambrian and Stonegate Capital Partners

Copper is one of the key commodities that will enable the global energy transition to move the world to a zero-carbon future.

To view the full announcement, including downloadable images, bios, and more, click here.

Key Takeaways:

  • Copper is one of the key commodities that will enable the global energy transition to move the world to a zero-carbon future
  • Copper industry faces a range of challenges over the coming decade to meet anticipated demand
  • Copper Pathway to 2030 is bringing together four of the leading industry players who will be providing solutions

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Click image above to view full announcement.

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