Source: Libero Copper & Gold Corp.
  • Libero Copper & Gold Corp. (LBC) has closed the final tranche of its non-brokered private placement for aggregate gross proceeds of $4.5 million
  • The company issued of 2,591,000 flow-through common shares and 2,900,000 common shares at a price of $0.33 per share
  • The net proceeds will be used for exploration at the Big Red porphyry copper project and general corporate purposes
  • Libero (LBC) was down 1.79 per cent trading at $0.275 a share as of 4:35 pm ET

Libero Copper & Gold Corp. (LBC) has closed the final tranche of its non-brokered private placement for aggregate gross proceeds of $4.5 million. 

The company issued of 2,591,000 flow-through common shares and 2,900,000 common shares at a price of $0.33 per share.

The net proceeds will be used for exploration at the Big Red porphyry copper project and general corporate purposes.

All securities issued are subject to a statutory hold period expiring four months and a day following closing.

Libero Copper & Gold Corp. (LBC) is a mineral exploration company that holds a collection of porphyry copper deposits throughout the Americas in prolific but stable jurisdictions. The portfolio includes Big Red, Big Bulk, Esperanza, and Mocoa.

Libero (LBC) was down 1.79 per cent trading at $0.275 a share as of 4:35 pm ET.


More From The Market Online

Usha Resources begins phase 4 fieldwork at White Willow Project

Usha Resources (TSXV:USHA) has begun the fourth phase of fieldwork at its White Willow Lithium Project in Ontario following phase 3 work.

Organigram looks to raise capital as cannabis stocks surge

Organigram (TSX:OGI), one of Canada's first cannabis stocks, announces an overnight marketed public offering of units for up to C$25 million.