Libra Announces Filing of Amended and Restated Offering Document
Libra Announces Filing of Amended and
Restated Offering Document
Toronto, Ontario--(Newsfile Corp. - September 4, 2026) -
Libra Energy Materials Inc. (CSE: LIBR)
(OTCQB: LIBRF) (FSE: W0R0)
("
Libra
" or the "
Company
") announces that, further to its news release
dated August 28, 2026, it has filed an amended and restated offering document (the "Amended Offering
Document") in connection with its previously announced listed issuer financing exemption offering (the
"LIFE Offering"). The LIFE Offering is being conducted in reliance on Part 5A.2 of National Instrument
45-106 –
Prospectus Exemptions
, as modified by Coordinated Blanket Order 45-935 –
Exemptions
from Certain Conditions of the Listed Issuer Financing Exemption
.
The Amended Offering Document (i) corrects the date referred to in the certificate from April 29, 2026, to
September 4, 2025; (ii) updates the closing price of the Company's shares on the Canadian Securities
Exchange ("CSE"), the OTCQB and Frankfurt Exchange; (iii) expands the Company's right to increase
the size of the LIFE Offering to raise up to $1,800,000; and (iv) clarifies the available funds for working
capital and use of proceeds, including any payments to insiders.
To clarify, the LIFE Offering currently consists of aggregate gross proceeds of $700,000 comprised of (i)
5,000,000 common shares of the Company (the "HD Shares"), at a price of $0.10 per HD Share, for
gross proceeds of $500,000; and (ii) 1,538,462 common shares of the Company that qualify as "critical
flow-through shares" (within the meaning of subsection 66(15) of the Income Tax Act (Canada)) (the
"CMETC FT Shares"), at a price of $0.13 per CMETC FT Share for gross proceeds of $200,000. The
Company reserves the right to increase the size of the LIFE Offering up to $1,800,000 to provide for the
issuance of up to (i) 15,000,000 HD Shares at a price of $0.10 per HD Share, for gross proceeds of
$1,500,000; and (ii) 2,307,692 CMETC FT Shares at a price of $0.13 per CMETC FT Share, for gross
proceeds of $300,000.
All other terms of the LIFE Offering remain as previously disclosed, except as amended by the Amended
Offering Document. The LIFE Offering remains subject to certain conditions customary for transactions
of this nature, include approval of the CSE.
The Amended Offering Document is available under the Company's profile on SEDAR+ at
www.sedarplus.ca
and on the Company's website at
https://libraenergymaterials.com
. Prospective
investors should read the Amended Offering Document before making an investment decision.
About Libra Energy Materials Inc.
Libra (CSE: LIBR) (OTCQB: LIBRF) (FSE: W0R0) is a Canadian mineral exploration company focused
on the discovery and development of the critical minerals necessary for the green energy transition.
Libra's flagship Canadian projects include the recently optioned Cisco West and Obamska lithium
projects in Québec, located adjacent to Q2 Metals' Cisco deposit — the largest hard-rock lithium
deposit in the Western Hemisphere. Libra's Flanders North, Flanders South, and SBC lithium projects in
Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals Company. In
addition, Libra holds a broader portfolio of battery metals projects across Canada and Brazil. The Libra
team comprises a mix of seasoned executives, engineers, and geoscientists, with extensive experience
in mining and mineral exploration, capital markets, asset management, energy, and First Nations
engagement.
For more information, please contact Libra Energy Materials Inc.:
Koby Kushner, P.Eng., CFA
Chief Executive Officer and Director
Email:
Telephone: 416-846-6164
Website:
libraenergymaterials.com
LinkedIn:
linkedin.com/company/libra-energy-materials
Instagram:
@libraenergymaterials
X:
@LibraEnergyMats
Forward-Looking Information
This news release contains forward-looking statements and forward-looking information within the
meaning of applicable securities laws. Such statements relate to future events and include, without
limitation, statements regarding the Option Agreement and the Company's ability to satisfy the
conditions thereunder, exploration programs on the Projects, prospecting and exploration activities,
geological interpretations, permitting and licensing, community engagement, timing of exploration
activities, reliance on third parties, and other risks associated with the natural resources industry. All
statements other than historical facts are forward-looking statements.
These forward-looking statements are based on assumptions and expectations considered reasonable
by management at the time they were made; however, no assurance can be given that such expectations
will prove correct. Forward-looking statements involve known and unknown risks, uncertainties, and other
factors that may cause actual results to differ materially from those anticipated. Accordingly, readers
should not place undue reliance on such statements.
The forward-looking statements contained in this news release are made as of the date hereof, and the
Company undertakes no obligation to update or revise them, except as required by applicable securities
laws. Readers are cautioned that the foregoing list of factors is not exhaustive.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of
the CSE) accepts responsibility for the adequacy or accuracy of this release.
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT
AUTHORIZED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR
DISSEMINATION IN THE UNITED STATES
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/312948