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Libero Appoints Paul Taggar CFO

Management Changes

LIBERO APPOINTS PAUL TAGGAR CFO

VANCOUVER, BC

,

Aug. 15, 2022

/CNW/ -

Libero Copper

& Gold Corporation

(TSXV: LBC)

(OTCQB: LBCMF) (DE: 29H) is pleased to announce the appointment of

Paul Taggar

as Chief

Financial Officer ("

CFO

"), effective

September 9, 2022

, replacing

Lisa Peterson

. Mr. Taggar is

based in

Vancouver

and will oversee all accounting and finance operations, while driving sustainable

performance that supports Libero's growth.

Mr. Taggar is a CPA with over 15 years of experience within the mining, commodities and

professional services industries. He previously worked for Fronteer Gold until its acquisition by

Newmont Mining. Most recently, Mr. Taggar was the CFO of an international commodities firm,

specializing in exports of grain products. He started his career with KPMG and he holds a Bachelor

of Business Administration from

Simon Fraser University

.

Libero thanks Ms. Peterson for her contributions and wishes her well in her future endeavors.

Libero has also granted 275,000 stock options to new employees and officers at a price of

$0.32

,

expiring on

February 15, 2027

.

About

Libero Copper

& Gold

Libero Copper

is unlocking the value of a collection of porphyry copper deposits throughout the

Americas in prolific and stable jurisdictions. The portfolio includes the Mocoa deposit in Putumayo,

Colombia

; Esperanza in San Juan,

Argentina

; and Big Red and Big Bulk in the Golden Triangle, BC,

Canada

. 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.

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. Although

Libero Copper

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. The forward-looking information contained

herein is expressly qualified in its entirety by this cautionary statement. Forward-looking

information reflects management's current beliefs and is based on information currently available

to

Libero Copper

. The forward-looking information is stated as of the date of this news release and

Libero Copper

assumes no obligation to update or revise such information to reflect new events or

circumstances, except as may be required by applicable law.

SOURCE

Libero Copper

& Gold Corporation.

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/August2022/15/c2885.html

%SEDAR: 00027216E

For further information:

Ian Harris, Chief Executive Officer, +1 604 294 9039,

[email protected]; Michelle Borromeo, VP Investor Relations, +1 604 715 6845,

[email protected]

CO: Libero Copper & Gold Corporation.

CNW 17:00e 15-AUG-22