VANCOUVER, BC, July 22,
2024 /CNW/ - Libero
Copper & Gold Corporation (TSXV: LBC) (OTCQB: LBCMF)
("Libero Copper" or the
"Company") is pleased to announce the appointment of Tetiana
Konstantynivska as Vice President Investor Relations.
Ms. Konstantynivska brings extensive experience as an Investor
Relations and Digital Marketing professional in the Mining &
Metals industry, spanning public and private companies in mining
technology, exploration, development, and production. She played a
pivotal role in the launch of West Red Lake Gold Mines and
continues to strengthen Dolly Varden
Silver through strong communication strategies. Previously,
she led Investor Relations and Communications at Lucara
Diamond.
"I am pleased to welcome Tetiana Konstantynivska to Libero Copper's team as Vice President Investor
Relations," says Ian Harris,
President & CEO. "Her extensive experience in the mining sector
and her proven track record with prominent companies will be
invaluable as we position Libero for significant growth. With the
recent changes and strategic moves within our company, including
our integration into the Fiore Group, we are poised to achieve our
ambitious goals. Tetiana's appointment reflects our commitment to
strengthening our investor relations and communication strategies,
paving the way for the exciting developments ahead."
Ms. Konstantynivska is also the Founder of Constanta Capital
("Constanta"), a firm renowned for its ability to connect
junior miners with major institutional and high-net-worth investors
across Europe and North America.
Ms. Konstantynivska holds a B.A. in Sociology and English
Literature from the University of British
Columbia.
Under the agreement between the Company and Constanta, Constanta
will receive a fee of C$10,000 plus
applicable taxes per month, payable monthly in advance for a
three-month period. The agreement between the Company and Constanta
is for twelve (12) month terms unless amended in writing or
terminated with 30 days notice by either party and in connection
with the agreement, Constanta will be granted 150,000 stock options
at $0.30, vesting quarterly, with a
further 250,000 stock options to be granted at a later date at the
discretion of the board. Ms. Konstantynivska does not own any
shares of the Company.
ICP Securities Inc. Engaged for Automated Market Making
Services
The Company further announces the engagement of ICP Securities
Inc. ("ICP") to provide automated market making services,
including use of its proprietary algorithm, ICP Premium™, in
compliance with the policies and guidelines of the TSX Venture
Exchange and other applicable legislation.
This advanced market making service is part of Libero's
commitment to enhancing liquidity and quote health, thereby
stabilizing share price in today's fast-paced trading environment.
The engagement aims to address volatility caused by modern
high-speed algorithm trading, blind shorting, and spoofing
activities. ICP's market making activity will be primarily to
correct temporary imbalances in the supply and demand of Libero's
shares, which is crucial for market stability.
ICP will receive a fee of C$7,500
plus applicable taxes per month, payable monthly in advance. The
agreement between the Company and ICP is for an Initial Term of
four (4) months and shall be automatically renewed for subsequent
one (1) month terms (each month called an "Additional Term") unless
either party provides at least thirty (30) days written notice
prior to the end of the Initial Term or an Additional Term, as
applicable. There are no performance factors contained in the
agreement and no stock options or other compensation are being
granted in connection with the engagement. ICP and its clients may
acquire an interest in the securities of the Company in the
future.
ICP is an arm's length party to the Company. ICP's market making
activity will be primarily to correct temporary imbalances in the
supply and demand of the Company's shares. ICP will be responsible
for the costs it incurs in buying and selling the Company's shares,
and no third party will be providing funds or securities for the
market making activities.
About Constanta Capital
Constanta Capital is a Vancouver-based full-service Digital Marketing
firm for public companies in the Mining & Metals industry.
Constanta Capital integrates new channels with traditional
approaches to connect their clients to the right retail and
institutional groups. Constanta Capital designs tailored campaigns
that reflect their clients' goals, taking into account the current
state of the commodity market.
About ICP Securities Inc.
ICP Securities Inc. (ICP) is a Toronto based CIRO dealer-member that
specializes in automated market making and liquidity provision, as
well as having a proprietary market making algorithm, ICP Premium™,
that enhances liquidity and quote health. Established in 2023, with
a focus on market structure, execution, and trading, ICP has
leveraged its own proprietary technology to deliver high quality
liquidity provision and execution services to a broad array of
public issuers and institutional investors.
About Libero Copper
Libero Copper is driven by a
highly disciplined and seasoned professional team with successful
track records in advancing some of the most important copper mines
brought into production over the last 20 years. With the strategic
vision and support of the Fiore Group, Libero Copper is well-positioned for significant
growth and value creation.
The company's efforts are underpinned by the Mocoa
copper-molybdenum porphyry deposit in Putumayo, Colombia. Boasting a substantial resource of
4.6 billion pounds of copper and 511 million pounds of
molybdenum1, Mocoa is a significant asset in the global
copper industry.
Libero prioritizes building strong relationships with the
communities in which it operates and leverages its extensive
experience in community engagement as a key factor in advancing
projects towards construction decisions. Dedicated to responsible
exploration and development practices, Libero Copper aims to create long-term value for
its shareholders while contributing to the green energy future.
¹Technical Report on the Mocoa Copper-Molybdenum Project,
Colombia, dated January 17th, 2022.
Neither the TSX Venture Exchange nor its Regulation
Services Provider (as that term is defined in the policies of the
TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
SOURCE Libero Copper & Gold
Corporation