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Libero Copper Announces Putumayo'S First-EVER Mining Forum and Recognition of Thyana Alvarez as One of Colombia'S Most Influential Women

Corporate Updates

LIBERO COPPER ANNOUNCES PUTUMAYO'S

FIRST-EVER MINING FORUM AND

RECOGNITION OF THYANA ALVAREZ AS ONE

OF COLOMBIA'S MOST INFLUENTIAL

WOMEN

VANCOUVER, BC

,

July 31, 2024

/CNW/ -

Libero Copper

& Gold Corporation (TSXV: LBC)

(OTCQB: LBCMF) ("

Libero Copper

"

or the "

Company

") is pleased to announce the first-ever

mining-focused forum organized by the Government of Putumayo and the recognition of Thyana

Alvarez,

Libero Copper's

Country Manager and VP, as one of the most influential women in

Colombia

.

The forum titled "1st Mining & Coexistence Forum - Productive Chains" was held on

July 26, 2024

under the theme "A Commitment to the Development and Conservation of Putumayo: From Minerals

to Reindustrialization". Organized by the government of Putumayo and the Secretary of Productivity

and Competitiveness, the forum prominently featured the Mocoa Copper Project, located in the

municipality of Mocoa in the department of Putumayo.

This event marks a significant milestone as it is the first time the Government of Putumayo has

organized a forum focused on mining. The government highlighted that "mining is one of the main

sources of economic development in our region," and emphasized that "mineral exploration is an

essential process in the mining industry." Specifically regarding copper, the government stated that

"copper demands further studies to unlock its potential. Exploring is advancing." The forum aligned

with the National Strategic Plan and the Putumayo Development Plan, emphasizing the importance of

mining for the future of the department.

Ian Harris

, President & CEO of

Libero Copper

, commented: "We congratulate the government of

Putumayo for this historic mining forum. Their leadership and vision in recognizing mining as a major

opportunity for the sustainable development of the region is only successful with extensive citizen

involvement, integrating the voices and needs of the community. This is how we build a solid

foundation of support for a project with the potential of the Mocoa Copper Project. We are proud to

be moving forward in alignment with both the community and the regional government."

Photo 1 – Thyana Alvarez, Country Manager, presenting as a panelist at the “1st Mining &

Coexistence Forum” (CNW Group/Libero Copper & Gold Corporation)

Semana Magazine –

Colombia's

Most Influential Women

In addition to the forum,

Libero Copper

is proud to announce that Thyana Alvarez has been

recognized by Semana Magazine as one of the most influential women in

Colombia

. Thyana was

also acknowledged as one of the four guardians of the energy transition, highlighting her significant

contributions to the sector.

Photo 2 – The recently published "Women of High Impact" feature in Semana Magazine highlights

the most influential women in Colombia, including Thyana Alvarez (Country Manager / VP of

Corporate Relations at Libero Copper) as one of the four "Protagonists of the Energy Transition.

(CNW Group/Libero Copper & Gold Corporation)

Thyana Alvarez, Country Manager and VP, added: "Being recognized isn't just a great honour; it

comes with a huge responsibility. The importance of copper to the future development of

Colombia

,

Putumayo, and Mocoa is critical. It is our duty to ensure the maximum benefit of the project by

guaranteeing the participation, involvement, and collaboration of the community in developing the

best possible project. This recognition underscores the national and departmental significance of our

work to advance the Mocoa project."

New Investor Relations Service Provider

Libero Copper

has also entered into an agreement with Triomphe Holdings Ltd. (dba Capital

Analytica) ("

Capital Analytica

") for investor relations and communication services (the "Consulting

Agreement"). The Consulting Agreement has an initial term of six months, commencing

July 23, 2024

under which the Company will pay to Capital Analytica

$120,000

over a period of 6 months, with

$80,000

to paid in advance and the remaining balance to be paid via equal monthly installments of

$20,000

on

August 15th, 2024

and

September 15

th

, 2024. If renewed, the services shall be paid at

a rate of

$60

,000 for a period of 6 months, unless terminated earlier, in accordance with the

Consulting Agreement.

Pursuant to the terms of the Consulting Agreement, Capital Analytica will provide ongoing capital

markets consultation, ongoing social media consultation regarding engagement and enhancement,

social sentiment reporting, social engagement reporting, discussion forum monitoring and reporting,

corporate video dissemination, and other related investor relations services.

Capital Analytica is a

Nanaimo

based company owned and operated by

Jeff French

who is arm's

length to the Company and holds no securities, directly or indirectly of the Company.

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 molybdenum

1

, 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

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/July2024/31/c6898.html

%SEDAR: 00027216E

For further information:

Additional Information: Ian Harris, President & CEO, +1 604 294 9039,

[email protected]; Tetiana Konstantynivska, Vice President Investor Relations, +1 778 829

8455, [email protected]

CO: Libero Copper & Gold Corporation

CNW 08:00e 31-JUL-24