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LIBERO COPPER SECURES $2.86M FINANCING

LIBERO COPPER SECURES $2.86M FINANCING Canada NewsWire /NOT FOR DISSEMINATION...

articleCopper Giant Resources CorpMarch 11, 20243/company/copper-giant-resources-corp/news/libero-copper-secures-dollar286m-financing
LIBERO COPPER SECURES $2.86M FINANCING

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[{"type":"text","content":"\n \n \n \n LIBERO COPPER SECURES $2.86M FINANCING\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n /NOT FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n OR FOR DISTRIBUTION TO U.S. WIRE SERVICES/\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 11, 2024\n \n \n /CNW/ -\n \n \n Libero Copper\n \n & Gold Corporation\n \n (TSXV: LBC) (OTCQB: LBCMF) (\"\n \n \n Libero Copper\n \n \n \" or the \"\n \n Company\n \n \") announces that, further to its press release dated\n \n February 23, 2024\n \n , it has closed a non-brokered private placement (the \"\n \n Offering\n \n \") for aggregate gross proceeds of\n \n $2,860,000\n \n .\n \n \n \n \n \n \n \n \n \n Libero Copper issued 11,000,000 units (the \"\n \n Units\n \n \") at a price of\n \n $0.26\n \n per Unit, with each Unit consisting of one Common Share, and one full common share purchase warrant (a \"\n \n Warrant\n \n \") with each Warrant entitling the holder to acquire an additional Common Share at an exercise price of\n \n $0.50\n \n per Warrant until\n \n March 11, 2027\n \n . Common Shares issued in the Offering as well as any Common Shares issuable from the exercise of Warrants which were issued in the Offering, are subject to a four month hold period expiring\n \n July 12, 2024\n \n .\n \n \n \"We are thrilled to welcome Mr.\n \n Frank Giustra\n \n as a strategic investor in\n \n Libero Copper\n \n . Mr. Giustra's esteemed reputation and successful track record as a mining entrepreneur precede him,\" stated\n \n Ian Harris\n \n , President & CEO of\n \n Libero Copper\n \n . \"His profound understanding of industry dynamics and the imperative of meeting the growing demand for copper in the transition to a clean energy future attest to the immense potential of our company. His support will be invaluable in unlocking the full potential of the Mocoa copper-molybdenum porphyry deposit.\"\n \n \n The Company intends to use the net proceeds from the Offering for working&#x...

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