Libero Announces Stock Option Grant

LIBERO ANNOUNCES STOCK OPTION GRANT

Vancouver, British Columbia, April 13 , 2021 – Libero Copper & Gold Corporation (TSXV:LBC,

OTCQB:LBCMF, DE:29H) announces it has granted 570,000 incentive stock options to new employees

and consultants pursuant to Libero's stock option plan. The stock options are exercisable at a price of $0.58

and will expire on April 13, 2026.

About Libero Copper & Gold

Libero is unlocking the value of a collection of porphyry copper deposits throughout t he Americas in

prolific and stable jurisdictions. The portfolio includes Big Red (a new greenfield discovery) and Big

Bulk in the Golden Triangle, Canada, Esperanza in San Juan, Argentina , and the Mocoa deposit in

Colombia. These assets are being advanced by a highly disciplined and seasoned professional team with

successful track records of discovery, resource development, and permitting in the Americas.

Additional Information

Ian Harris Tetiana Konstantynivska

Chief Executive Officer Investor Relations

+1 604 294 9039 +1 778 372 0179

[email protected] [email protected]

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. This news

release includes forward-looking statements that are subject to risks and uncertainties. All statements within,

other than statements of historical fact, are to be considered forward looking , and include without limitation,

statements regarding the Offering and use of proceeds, the Consolidation and future business plans.. Although

the Company believes the expectations expressed in such forward-looking statements are based on reasonable

assumptions, such statements are not guarantees of future performance and actual results or developments may

differ materially from those in forward -looking statements. Factors that could cause actual results to differ

materially from those in forward -looking statements include market prices, exploitation and exploration

successes, continued availability of capital and financing, and general economic, market or business conditions

and regulatory and administrative approvals, processes and filing requirements. There can be no assurances

that such statements will prove accurate and, therefore, readers are advised to rely on their own evaluation of

such uncertainties. We do not assume any obligation to update any forward-looking statements.