On January 6, 2023, Libero Copper & Gold Corporation closed the transaction. The company issued 5,836,666 units at an issue price of 0.15 per unit for gross proceeds of CAD 875,499.9 in its second and final tranche closing. The transaction included participation from overall thirty-four placees including 3,670,000 units from existing insiders of the company for three placees and from pro group involvement for 900,000 units from two placees and from returning investor, Anglo Asian Mining PLC for 2,600,000 units to maintain its 19.9% interest along with the CEO for 70,000 units which will be subject to a four month hold period ending May 7, 2023, pursuant to applicable policies of the TSX Venture Exchange.

The company issued 12,583,666 units at an issue price of CAD 0.15 per unit for gross proceeds of CAD 1,887,549.9. Under this offering, 8,913,666 were sold pursuant to the listed issuer financing exemption, hence, will not be subject to a hold period pursuant to applicable Canadian securities law.