Prospectus Supplement and Base Shelf Prospectus Accessible on SEDAR+
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
VANCOUVER, British Columbia, April 16, 2025 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD; OTCQX:LGDTF) (“Liberty Gold& or the “Company&) is pleased to announce that, in connection with its previously announced “bought deal& public offering, it has filed a prospectus supplement dated April 16, 2025 (the “Prospectus Supplement&) to the Company&s base shelf prospectus dated June 21, 2023 (the “Base Shelf Prospectus&) to qualify the distribution of 60,608,000 units of the Company (the “Units&) at a price of $0.33 per Unit (the “Offering Price&) and up to an additional 9,091,200 Units at the Offering Price to be issued upon exercise of an over-allotment option, the particulars of which are further described in the Prospectus Supplement (the “Offering&).
Closing is expected on or about April 22, 2025, and is subject to regulatory approval, including that of the Toronto Stock Exchange.
Access to the Prospectus Supplement, the Base Shelf Prospectus, and any amendments thereto are being provided in Canada in accordance with securities legislation relating to procedures for providing access to a shelf prospectus supplement, a base shelf prospectus, and any amendments to such documents. The Prospectus Supplement and Base Shelf Prospectus are accessible on SEDAR+ at www.sedarplus.ca. An electronic or paper copy of the Prospectus Supplement, the Base Shelf Prospectus, and any amendment may be obtained, without charge, from Canaccord Genuity Corp. by email at ecm@cgf.com or by phone at 416-869-3052 by providing the contact with an email address or address, as applicable.
The securities to be offered pursuant to the Offering have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act") or any U.S. state securities laws, and may not be offered or sold in the United States or to, or for the account or benefit of, United States persons absent registration or any applicable exemption from the registration requirements of the U.S. Securities Act and applicable U.S. state securities laws.
This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
Change in Management
The Company announces that Darin Smith, its Senior Vice President Corporate Development, has submitted his notice of resignation, effective May 6th, 2025, to pursue another opportunity. Over the past two and half years, Darin has been instrumental in supporting the Company&s strategic initiatives. His contributions were valuable in strengthening key corporate relationships during a pivotal period of growth for the Company.
Cal Everett, CEO and Director, “On behalf of Liberty Gold, I want to thank Darin for his contributions. He played a valuable role in the formulation of the Pre-Feasibility Study at our Black Pine oxide gold project and in supporting various business development initiatives. We wish him all the best as he takes the next step in his career.&
ABOUT LIBERTY GOLD
Liberty Gold is focused on exploring for and developing open pit oxide deposits in the Great Basin of the United States, home to large-scale gold projects that are ideal for open-pit mining. This region is one of the most prolific gold-producing regions in the world and stretches across Nevada and into Idaho and Utah. The Company is advancing the Black Pine Project in southeastern Idaho, a past-producing, Carlin-style gold system with a large, growing resource and strong economic potential.
For more information, visit libertygold.ca or contact:
Susie Bell, Manager, Investor Relations
Phone: 604-632-4677 or Toll Free 1-877-632-4677
info@libertygold.ca
All statements in this press release, other than statements of historical fact, are “forward-looking information& with respect to Liberty Gold within the meaning of applicable securities laws. Forward-looking information is often, but not always, identified by the use of words such as “intends&, “seek&, “anticipate&, “plan&, “continue&, “planned&, “expect&, “project&, “predict&, “potential&, “targeting&, “intends&, “believe&, “potential&, and similar expressions, or describes a “goal&, or variation of such words and phrases or state that certain actions, events or results “may&, “should&, “could&, “would&, “might& or “will& be taken, occur or be achieved. Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management at the date the statements are made including, among others, assumptions about future prices of gold and other metal prices, currency exchange rates and interest rates, favourable operating conditions, political stability, obtaining governmental approvals and financing on time, obtaining renewals for existing licenses and permits and obtaining required licenses and permits, labour stability, stability in market conditions, the timing and success of future plans and objectives in the areas of sustainable development, health, safety, environment, community development; successful resolution of disputes and anticipated costs and expenditures and the timing of regulatory approvals. Many assumptions are based on factors and events that are not within the control of Liberty Gold and there is no assurance they will prove to be correct.
Such forward-looking information, involves known and unknown risks, which may cause the actual results to be materially different from any future results expressed or implied by such forward-looking information, including, risks related to the Offering; the interpretation of results and/or the reliance on technical information provided by third parties as related to the Company&s mineral property interests; changes in project parameters as plans continue to be refined; current economic conditions; future prices of commodities; possible variations in grade or recovery rates; the costs and timing of the development of new deposits; failure of equipment or processes to operate as anticipated; the failure of contracted parties to perform; the timing and success of exploration activities generally; delays in permitting; possible claims against the Company; labour disputes and other risks of the mining industry; delays in obtaining governmental approvals, the completion of exploration as well as those factors discussed in the Annual Information Form of the Company dated March 25, 2025 in the section entitled "Risk Factors", under Liberty Gold&s SEDAR+ profile at www.sedarplus.ca.
Although Liberty Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate as actual results, and future events could differ materially from those anticipated in such statements. Liberty Gold disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable laws.
