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.

Anglo Asian Mining plc (" Anglo Asian "), an AIM listed gold, copper, and silver producer primarily focused in Azerbaijan , has committed to become the largest shareholder of Libero Copper , with the intention of acquiring a total of 12,600,000 Units and will hold 19.9% of the issued and outstanding common shares of Libero Copper . After the closing of this second tranche, Anglo Asian currently hold 5,600,000 Units or 9.9% of the issued and outstanding shares of Libero Copper .

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 "). Each Warrant will entitle the holder thereof to purchase one common share (each, a " Warrant Share ") at a price of C$0.75 until December 22, 2023 . 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 notice, via a new release, to the holders of the Warrants that the Warrants will expire on the date that is 30 days after the issuance of said news release.

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 April 23, 2022 . Closing of the final tranche of the Offering is subject to the receipt of all necessary regulatory approvals, including the final approval of the TSX Venture Exchange.

Ian Harris , Libero Copper President & CEO comments, "Our focus has always been investing our exploration dollars into projects that have the potential to become future copper mines and having a mine builder mentality to advance and de-risk our projects as quickly as possible. We are elated to now have Anglo Asian Mining as a partner. An experienced partner that has built and is operating existing mines. I have personally visited their mines and can attest to the efficiency of the operations, the technical knowledge of their team, and their ability to nimbly adapt. We look forward to tapping into that know-how to incorporate it into our plans and strategy as we continue to advance three significant projects, each with the potential to become a future copper mine."

Reza Vaziri , Anglo Asian CEO comments, "While the opportunity to tap into a company with a robust portfolio of three company building sized projects and an impressive team from the executives to the on-the-ground level is almost unprecedented, the strategic alliance between Anglo Asian and Libero Copper is only the start of a proactive long-term partnership. Our goal is to quickly advance the portfolio leveraging a combined team that includes robust experience from discovery through every stage of project development including construction, start-up, and operation."

Stephen Westhead , Anglo Asian Vice-President, comments, " Libero Copper has an extremely exciting portfolio of assets for exploration and development, particularly the Mocoa project. While our focus is on long-term growth, we believe the commitment by Libero Copper to establish strong license to operate has been undervalued and will in the very short-term bear significant fruits as the upcoming exploration and development program advances off a solid foundation. Technically, the Mocoa project already has a promising copper-molybdenum resource with significant room for expansion and has the potential to become a key asset for the mining sector's contribution to the sustainable energy transition."

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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copper investing tsxv:lbc Copper Investing

LBC:CA

LIBERO Copper CLOSES $8,300,000 FINANCING AND APPOINTS MICHAEL SUNUNU DIRECTOR

/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 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 .

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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 ").

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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.

"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 & 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 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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Rows of fine copper bars with text that reads '5 Top Canadian Mining Stocks This Week.'

Top 5 Canadian Mining Stocks This Week: Euro Sun Gains 54 Percent as Copper Hits New High

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

The US Bureau of Economic Analysis released February personal consumption expenditures (PCE) index data on Friday (March 28). The figures show inflation increased 2.5 percent on an annualized basis in February, aligning with analyst expectations and reflecting no change from the 2.5 percent recorded in January. On a monthly basis, inflation rose by 0.3 percent, also matching January’s increase.

However, core PCE, which excludes the volatile food and energy prices, increased 2.8 percent year-over-year and 0.4 percent month-over-month. Both came in above analyst expectations of 2.7 and 0.3 percent, respectively.

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Copper Prices Surpass US$10,000 as US Tariff Fears Shake Global Markets

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London Metal Exchange (LME) copper futures climbed sharply in early trading, reflecting a combination of supply constraints, rising demand and uncertainty surrounding trade policy.

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Hillgrove Accelerates Nugent Copper Deposit Development, Raises AU$16 Million

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The company secured AU$13 million through a placement to institutional and sophisticated investors, and raised AU$3 million via a share purchase plan that was open to existing shareholders.

"Following the success of the recent excellent Nugent drilling results, our technical team have identified a path to accelerate the Nugent production profile,” said CEO and Managing Director Bob Fulker in a March 5 release.

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Kiribati Explores Deep-Sea Mining Deal with China Amid Global Regulatory Talks

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Drill Hole		From (m)	To (m)	Interval* (m)	Cu (%)	Ag (g/t)	Au (g/t)	CuEq** (%)
BB-21-01		139.00	182.44	37.44	0.30	0.59	0.15	0.42
	including	140.00	159.00	13.00	0.39	0.79	0.20	0.55
	and	171.50	181.00	9.50	0.43	0.79	0.20	0.59
BB-21-02		11.50	29.50	16.00	0.12	0.62	0.06	0.17
BB-21-03		203.00	230.00	27.00	0.10	0.49	0.09	0.17
BB-21-04		118.00	141.00	23.00	0.13	0.48	0.25	0.33
BB-21-05		171.50	273.50	97.00	0.19	0.97	0.18	0.34
	including	171.50	194.00	22.50	0.25	1.67	0.25	0.46
	and	228.50	273.50	40.00	0.22	0.99	0.2	0.38
	including	256.00	273.50	17.50	0.28	1.29	0.23	0.47

Drill Hole		From (m)	To (m)	Interval* (m)	Cu (%)	Ag (g/t)	Au (g/t)	CuEq** (%)
BB03-01		8.84	21.03	12.19	0.68	n/a	0.41	1.00
BB03-02		11.89	33.22	21.33	0.86	n/a	0.64	1.35
BB03-02	and	142.95	195.99	53.04	0.31	n/a	0.20	0.46
BB03-03		5.79	33.22	27.43	0.64	n/a	0.42	0.96
BB03-05		2.74	14.94	12.20	0.14	n/a	0.26	0.34
BB03-06		88.09	100.28	12.19	0.16	n/a	0.26	0.36
BB03-07		11.89	21.03	9.14	0.45	n/a	0.18	0.59
BB03-07	and	85.04	91.14	6.10	0.47	n/a	0.22	0.64
BB-08-05		3.05	93.01	89.96	0.15	0.29	0.07	0.21
BB-08-06		34.76	149.15	114.39	0.21	0.49	0.10	0.29
BB-08-07		132.80	304.80	172.00	0.10	1.57	0.11	0.20
BB-08-10		9.11	111.50	102.39	0.13	0.60	0.09	0.21
BB-08-11		16.46	168.83	152.37	0.17	0.76	0.06	0.22
BB-08-12		3.05	41.16	38.11	0.18	0.72	0.02	0.20
BB-08-16		194.42	252.34	57.92	0.18	0.43	0.07	0.24
AGA-09-01		67.00	121.00	54.00	0.31	n/a	0.05	0.35
AGA-09-01	and	427.00	437.00	10.00	0.14	n/a	4.00	3.22
AGA-09-02		181.00	659.00	478.00	0.14	n/a	0.04	0.17
AGA-09-02	including	617.00	659.00	42.00	0.27	n/a	0.05	0.31

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

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