Libero Copper & Gold Corporation was restructured in 2023 and disposed of all of its investments except the Mocoa project.
Two further follow-on investments were made in Libero in January and February 2023 totalling $646,000. The Company did not participate in further share placements and a rights issue carried out by Libero later in 2023. As a result, the percentage ownership of Libero reduced to 13.1 per cent. at 31 December 2023.
The Company’s shareholding in Libero reduced to approximately 5 per cent. in February 2024 following a refinancing in which the Company did not participate. Michael Sununu also resigned from the Libero board in February 2024.
Further information about Libero can be found at https://www.liberocopper.com/.