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Libra Energy Appoints Ty Minnick as Chief Financial Officer

Corporate Updates

Libra Energy Appoints Ty Minnick as Chief

Financial Officer

Toronto, Ontario--(Newsfile Corp. - July 6, 2026) - Libra Energy Materials Inc. (CSE: LIBR) (OTCQB:

LIBRF) (FSE: W0R0) ("

Libra

" or the "

Company

") is pleased to announce the appointment of Mr. Ty

Minnick, CPA as Chief Financial Officer ("

CFO

") of the Company, effective immediately. Mr. Minnick is

an accomplished mining CFO, with executive experience across both junior explorers and producers.

Outgoing CFO, Carlo Rigillo, will remain active with the Company as a consultant, ensuring a smooth

transition.

Ty Minnick has been in the mining sector since 2011, becoming CFO of Augusta Gold Corp. (formerly

Bullfrog Gold Corp.), until its recent takeout by AngloGold Ashanti. He also served as CFO of Titan

Mining Corporation, a base metals producer in New York, and has been CFO of Athena Gold

Corporation since 2021.

"

We are excited to add Ty to the team. Having already worked with him at Athena, I know he will add

tremendous value to the Company. We extend our warm thanks to Carlo for his hard work and

dedication to both Libra and its predecessor, PowerStone, and look forward to continuing to work with

him in a consulting capacity,

" said Koby Kushner, CEO of Libra.

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 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 has 100% ownership of

another four critical mineral projects in Ontario and Quebec, Canada, as well as another thirty projects in

Brazil - an emerging critical minerals hub. 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:

[email protected]

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 Libra's exploration programs, prospecting and exploration activities,

geological, geophysical and geochemical surveys, interpretations of historical and current exploration

data, permitting and licensing, environmental regulations, 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.

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/304000