MT NewswiresMT Newswires

Libero Copper & Gold Closes Final Tranche of a Private Placement of Flow-Through and Common Shares

Libero Copper & Gold (LBC) on Friday said it closed the final tranche a private placement of flow-through and common shares.

The company said it placed 2.59-million flow-through shares and 2.9-million common shares priced at C$0.33 in the tranche.

"The net proceeds will be used for exploration at the Big Red porphyry copper project and general corporate purposes," it said in a release.

Libero shares closed down C$0.005 to C$0.275 on the TSX Venture Exchange.