NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
VANCOUVER, British Columbia, March 07, 2022 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX:LGD) (“Liberty Gold” or the “Company”) is pleased to announce that it has entered into an agreement with National Bank Financial Inc. and BMO Capital Markets to act as lead underwriters (the “Lead Underwriters”), on their own behalf and, if applicable, on behalf of a syndicate of underwriters (collectively with the Lead Underwriters, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase on a bought-deal basis 27,273,000 common shares of the Company (the “Common Shares”), at a price of C$1.10 per Common Share, for gross proceeds of C$30,000,300 (the “Offering”).