Mr. Ian Harris reports

LIBERO COPPER ANNOUNCES UPSIZE TO NON-BROKERED PRIVATE PLACEMENT

Libero Copper & Gold Corp. has amended the terms of its non-brokered private placement, previously announced on Feb. 16, 2024. The offering by the company under the amended terms will consist of 11 million units at a price of 26 cents per unit for gross proceeds of $2.86-million. Each unit will consist of one common share and one full common share purchase warrant, with each warrant entitling the holder to acquire an additional common share at an exercise price of 50 cents for a period of 36 months from the date of issuance.

Completion of the offering remains subject to the approval of the TSX Venture Exchange. All securities issued in connection with the offering will be subject to a four-month-and-one-day statutory hold period. The company anticipates paying a finder's fee, payable in cash, to certain eligible parties who introduce subscribers to the placement.

The company intends to use the net proceeds from the offering for working capital and general corporate purposes.

The company also announces that Aaron Triplett has replaced Sunil Sharma as chief financial officer, effective Feb. 22, 2024. The company thanks Mr. Sharma for his contributions and wishes him every success in his future endeavours.

About Libero Copper & Gold Corp.

Libero Copper is a mineral exploration company, which is focused on unlocking the value of the Mocoa copper-molybdenum porphyry deposit, located in Putumayo, Colombia. Mocoa is being advanced by a highly disciplined and seasoned professional team with successful records of discovery, resource development and permitting in Colombia. Libero Copper prioritizes building strong relationships with the communities in which it operates and is dedicated to creating long-term value for its shareholders through responsible exploration to fuel the green energy future.

We seek Safe Harbor.