On February 15, 2024, Libero Copper & Gold Corporation closed the transaction. The company issued 19,999,335 units at a price of CAD 0.15 per Unit for a gross proceeds CAD 2,999,900.25. Each Unit consisting of one post-Consolidation Common Share, and one full common share purchase warrant with each Warrant entitling the holder to acquire an additional post-consolidation Common Share at an exercise price of CAD 0.20 per Warrant until February 15, 2027.

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 June 16, 2024.