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Libero Copper Reorganizes Executive Team

Management Changes

LIBERO COPPER REORGANIZES EXECUTIVE

TEAM

VANCOUVER, BC

,

Oct. 14, 2022

/CNW/ -

Libero Copper

& Gold Corporation

(TSXV: LBC)

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

Sunil Sharma

to the position

of Chief Financial Officer and

Michelle Borromeo

to the position of Vice President Investor Relations

as of

November 1, 2022

.

Mr. Sharma has over 20 years of experience in finance and accounting with public and private

companies, having started his career in public practice. He has extensive experience in producing

mines and mineral exploration companies. He has held progressively senior accounting positions at

copper producers Huckleberry Mines and Taseko Mines Limited. Most recently, he held the position

of Controller at Trilogy Metals Inc., a NYSE-American listed mineral exploration company, where he

was responsible for all aspects of financial reporting and compliance. Mr. Sharma holds a Master of

Business Administration degree from

Simon Fraser University

and is a Chartered Professional

Accountant.

Ms. Borromeo has over 15 years of Investor Relations, Corporate Development and Strategic

Communications experience within the natural resource and renewable energy sectors. She joined

Libero Copper

in April and has now been appointed Vice President Investor Relations. Her prior

experience within the resource sector includes such roles as Vice President of Corporate

Development for MARS Investor Relations, VP Investor Relations for Miller Energy Resources,

Corporate Communications Manager for

Chakana Copper

and Investor Relations Manager for

Fission Energy. Ms. Borromeo holds a Bachelor of Science Degree from

Simon Fraser University

.

Libero Copper

has granted 1,775,000 incentive stock options to directors, employees and

consultants at an exercise price of

$0.19

expiring on

October 14, 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/October2022/14/c9170.html

%SEDAR: 00027216E

For further information:

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

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

[email protected]

CO: Libero Copper & Gold Corporation.

CNW 07:00e 14-OCT-22