Libero Mining Announces Strategic Initiative

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 18, 2016) - Libero Mining Corporation (TSX VENTURE:LBC) is pleased to announce that Libero will become a highly leveraged call option on copper by acquiring and holding high-quality copper and copper-gold projects in the Americas. Our mineral inventory business model is to acquire and hold copper projects with a resource, but without any fatal flaws or significant holding costs, near the bottom of the cycle. On improvement in the capital markets, these assets will be advanced by a seasoned team to minimize dilution and maximize shareholder value.

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 the Company 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. We do not assume any obligation to update any forward-looking statements. This news release does not constitute an offer to sell or a solicitation of an offer to sell any securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state laws.