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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 ...
About this update from Copper Giant Resources Corp
[{"type":"text","content":"\n \n \n \n LIBERO COPPER UPSIZES FINANCING TO $8.3 MILLION AND ANNOUNCES CLOSING OF SECOND TRANCHE\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 DISTRIBUTION TO\n \n UNITED STATES\n \n NEWSWIRE SERVICES OR FOR DISSEMINATION IN\n \n THE UNITED STATES\n \n /\n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Dec. 22, 2021\n \n /CNW/ -\n \n \n Libero Copper\n \n & Gold Corporation\n \n (TSXV:LBC) (OTCQB:LBCMF) (DE:29H) (\"\n \n \n Libero Copper\n \n \n \") is pleased to announce that it has closed the second tranche of its previously announced non-brokered private placement (the \"\n \n Offering\n \n \") by issuing 5,600,000 units (\"\n \n Units\n \n \") at a price of\n \n $0.50\n \n per Unit for gross proceeds of\n \n $2,800,000\n \n . Together with the first tranche of the Offering (see news release dated\n \n \n December 2, 2021\n \n \n ),\n \n Libero Copper\n \n has received total gross proceeds to date of\n \n $4,800,000\n \n . The final tranche of\n \n $3,500,000\n \n will close upon receipt of TSX Venture Exchange approval.\n \n \n \n \n \n \n \n \n \n Anglo Asian Mining plc (\"\n \n Anglo Asian\n \n \"), an AIM listed gold, copper, and silver producer primarily focused in\n \n Azerbaijan\n \n , has committed to become the largest shareholder of\n \n Libero Copper\n \n , 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\n \n Libero Copper\n \n . 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\n \n Libero Copper\n \n .\n \n \n Each Unit will be comprised of one common share (each, a \"\n \n Unit Share\n \n \") and one half of one common share purchase warrant (each whole warrant, a \"\n \n Warrant\n \n \"). Each Warrant will entitle the holder thereof to purchase one common share (each, a \"\n \n Warrant Share\n \n \") at a price of\n \n C$0.75\n \n until\n \n December 22, 2023\n \n . If during the exercise period of the Warran...