Vancouver, British Columbia, Oct. 02, 2025 (Globe Newswire) – Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or “Company”), is pleated to announce Receept of the first staged Payment of US 2.2 Million Related to the Previously announced sale of its inteest in the TV Tower Copper -Gold Project (“TV Tower” or “Project”), located in the province of Biga, north -wounded Turkia (see release presses April 17, 2024 And October 7, 2024)
This inaccurate payment for the sale of assets, which is not a dilative for shareholders, is part of the total consideration of $ 8.5 million. The United States payable for Liberty Gold for the sale of 72.1% percent in the television tower. Currently, the company has received $ 5.9 million. The United States today, with a final installation of 2.6 million dollars. USA in the amount of 2.6 million dollars. USA October 4, 2026. These payments are the basis of corporate expenses for Liberty Gold for this period, which will allow the company to direct new financing directly to promoting the project.
John Gilligan, President and Executive Director of Liberty Goldcommented, “”This indistinguishable phased payment additionally strengthens our treasury and emphasizes our strategy for the direction of capital to our main project of oxide gold. With a black pine tree in Aidaho, moving through advanced research and permission to mines, we are still focused on unlocking the values of the black pine The largest undeveloped project of oxide gold in the Great Pool. In the medium term, we watch To build a strong portfolio of significant oxide assets located for future development.
About Liberty Gold
Liberty Gold is focused on developing deposits of open pits in the Great United States basin, where large -scale gold projects live, which are ideal for the extraction of open Pete. This region is one of the most prolific areas producing gold in the world and extends throughout Nevada and Aidaho and Utah. The company promotes the Black Pine project in the southeastern Aidaho, a past productive gold in the Karlin style with a large growing resource with strong economic potential, which can be extracted with a favorable degree as the operation of leaching with open Pete/Pile.
To receive additional information, visit Libertygold.ca or contact:
Susie Bell, Manager, Relations with Investors
Phone: 604-632-4677 or free 1-877-632-4677
[email protected]
All statements in this press release, except for the statements of the historical fact, are “promising information” regarding Liberty Gold in the meaning of applicable laws on securities. Advanced information is often, but not always, is determined using such words as “search”, “waiting”, “plan”, “continue”, “planned”, “waiting”, “project”, “forecast”, “potential”, “aiming”, “intentions”, “believe”, “potential” and similar expressions, or describes the “goal”, or variations, or claim that they should “must,” should, “must,” “Must”, “must,” is “a goal”, “undisputed”, “undiscovered”, “necessary”, can be recognized that they should. ” “You can”, “will”, “maybe” or “will”, arises or achieved. The advanced statements in this press release include, but are not limited to them, statements about: goals, goals or plans for the future of the company; The achievement of future short -term, medium -term and long -term operating strategies and the receipt of future phased payments.
Advanced information is not a guarantee of future efficiency and is based on a number of assessments and assumptions of management on the date, when statements are made, including, among other things, assumptions about future gold prices and other prices for metal, exchange rates and percentage rates, favorably Obtaining Required Licens and Permits, Labour Stabily, Stability in Market Conditions, The Timing and Success of Future Plans and Objectives in the Areas of Sustainable Development, Health, Environment and Community Development, Availability of Equipment, Results of Any Mineral Resources, Mineral Reserves, Or Pre-Feasibility Study, The Availability of Drill Rigs, The Timing of Receipt of Future Staged Payments from Previous Dispositions by Liberty Gold, Successful Resolution of Disputes and AntiCipated Costs and Costs. Many assumptions are based on factors and events that are not under the control of Liberty Gold, and there are no guarantees that they will be correct.
Such promising information includes well -known and unknown risks that can lead to the fact that the actual results differ significantly from any future results expressed or implied with such far -sighted information, including the risks that future phased payments will not be third parties associated with the interests of the Liberty Gold mineral property, changes in the parameters of the project, since plans are being clarified; Current economic conditions, future prices for goods; Possible differences in the rates of assessment or restoration, costs and terms for the development of new deposits, refusal of equipment or processes for work in accordance with the expectation, failure of the contract parties; The timing and success of exploration measures, as a rule, the terms or results of the publication of any mineral resources, mineral reserves or research of preliminary technical and economic justifications, delays in resolution, possible claims against the gold of freedom, labor disputes and other risks of mining industry; Delays in obtaining the approval of the government, financing, the deadlines for receiving phased payments from previous Liberty Gold orders or at the end of intelligence, as well as those factors discussed in the annual information form Liberty Gold, dated March 25, 2025 www.Sedarplus.caField
Although Liberty Gold has tried to identify important factors that can lead to the fact that actual actions, events or results differ significantly from those described in views on promising information, there may be other factors that cause actions, events or results that do not expect, as expected or alleged. There can be no guarantees that such information will be accurate as actual results, and future events can differ significantly from those expected in such statements. Liberty Gold refuses any intentions or obligations to update or revise any promising information, whether as a result of new information, future events or others, with the exception of cases required by applicable laws.
With the exception of applications about the historical fact, the information contained in this document, or included in accordance with the data, is a forecast and focused on promising information. Readers should not consider excessive dependence on promising information. All statements focused on prospects, and the information related to them related to us are clearly qualified by these warning statements.
