202629 releases
Phase 1 Results Confirm Highly Fractionated Pegmatites at Cisco West and Obamska; Phase 2 Assays Pending
Libra Energy Materials reports Phase 1 field results from its Cisco West and Obamska lithium projects in Québec's Eeyou Istchee James Bay region. Bulk-rock grab samples at Obamska returned up to 739 ppm Li (0.16% Li₂O), and muscovite LIBS data show K/Rb ratios as low as 10.9. Phase 2 assays from the September 2026 program are pending.
Drill resultsDrilling Expands Mineralized Footprint at Penelope
Libra Energy Materials reports the remaining assay results from its maiden 22-hole auger drill program at its 100%-owned Penelope Project in Minas Gerais, Brazil. Results from holes PLE-AD-008 through PLE-AD-022 extend near-surface rare earth element enrichment up to approximately 700 m from the Elena target, with hole PLE-AD-021 returning 2.0 m at 1,421 ppm TREO from surface.
Drill resultsLibra Closes Strategic Institutional Financing Led by SIDEX and NQ Mining Investment
A $725,000 private placement of 5,000,000 CMETC flow-through common shares at $0.145 per share has closed, led by Québec institutional investors SIDEX limited partnership and NQ Mining Investment, with a $29,000 cash finder's fee paid to Eskar Capital Corporation and a hold period expiring January 30, 2027. Proceeds will fund Canadian exploration expenses on Libra's Québec projects, including the Cisco West and Obamska lithium projects in Eeyou Istchee James Bay. Combined with the September 24 LIFE Offering, Libra has raised $2,610,399.95 across 22,928,615 shares.
FinancingEarly Warning Report Regarding Libra Energy Materials Inc.
Directors and officers Koby Kushner and David Goodman each filed early warning reports dated September 29, 2026 covering their acquisition of an aggregate 1,200,000 Libra Energy Materials common shares on September 17, 2026 at $0.10 per share, with filing inadvertently delayed. Kushner bought 200,000 shares, taking his holding to 7,154,957 shares plus 425,000 options, since diluted to 7.74% non-diluted. Goodman bought 1,000,000 shares, holding 10,744,117 shares plus 300,000 options, or 11.63% following issuance of 9,602,908 shares in private placements.
NewsLibra Announces Strategic Institutional Financing Led By Sidex And NQ Mining Investment
A private placement of 5,000,000 CMETC flow-through common shares at $0.145 per share will raise aggregate gross proceeds of $725,000, led by Québec institutional investors SIDEX limited partnership and NQ Mining Investment. Proceeds will fund Canadian exploration expenses on Libra Energy Materials' Québec projects, including the Cisco West and Obamska projects in the Eeyou Istchee James Bay region, renounced to subscribers effective no later than December 31, 2026. Closing is expected on or about September 29, 2026, subject to CSE approval, with a four month and one day hold period and a cash finder's fee payable.
FinancingLibra Energy To Participate In CEM’s Muskoka Capital Event
Libra Energy Materials will participate in the Muskoka Capital Event hosted by Capital Event Management Ltd., held September 25–27, 2026 at the JW Marriott The Rosseau Muskoka Resort & Spa in Muskoka, Ontario. The company is scheduled for 18 20-minute one-to-one investor meetings, alongside approximately 47 companies and over 55 investors. Libra will present its critical minerals portfolio, including the recently optioned Cisco West and Obamska lithium projects in Québec, adjacent to Q2 Metals' Cisco deposit.
CorporateLibra Announces Closing Of Second And Final Tranche Of Offering Financing
The second and final tranche of Libra Energy Materials' non-brokered LIFE private placement closed for $485,878.04, comprising 852,908 critical mineral flow-through shares at $0.13 and 3,750,000 non-flow-through shares at $0.10. Total gross proceeds from the offering were $1,885,399.95 through 3,084,615 CMETC FT Shares and 14,844,000 HD Shares. A $2,000 finder's fee was paid on the second tranche, bringing total finders' fees to $3,500; proceeds are for exploration, general corporate and working capital purposes.
FinancingLibra Closes First Tranche of Offering Financing
A first tranche of $1,399,521.91 has closed under Libra Energy Materials' non-brokered LIFE private placement, comprising 2,231,707 critical mineral flow-through shares at $0.13 and 11,094,000 non-flow-through shares at $0.10. The offering was upsized from $700,000 to up to $2,000,000; insiders took 1,319,000 non-flow-through shares for $131,900, and a $1,500 finder's fee was paid. Proceeds are for exploration, general corporate and working capital purposes, with a second and final tranche expected within days.
FinancingLibra Announces Upsizing of Offering of up to $2 Million
The maximum size of its listed issuer financing exemption offering, first announced August 28, 2026 and amended September 4, 2026, has been increased by $200,000 to gross proceeds of up to $2 million. The offering currently totals $700,000, comprising 5,000,000 common shares at $0.10 for $500,000 and 1,538,462 critical flow-through shares at $0.13 for $200,000, with the right to issue up to 15,000,000 shares and 3,846,153 flow-through shares. Closing is expected on or about September 17, 2026, subject to CSE approval.
FinancingLibra Announces Filing of Amended and Restated Offering Document
An amended and restated offering document has been filed for Libra Energy Materials' previously announced listed issuer financing exemption offering. The LIFE Offering consists of aggregate gross proceeds of $700,000, comprised of 5,000,000 common shares at $0.10 for $500,000 and 1,538,462 critical flow-through shares at $0.13 for $200,000. The amendment corrects a certificate date, updates closing prices, clarifies use of proceeds, and expands the Company's right to increase the offering to up to $1,800,000. Closing remains subject to CSE approval.
FinancingLibra Announces Private Placement
A non-brokered private placement for gross proceeds of $700,000 has been launched, consisting of 5,000,000 common shares at $0.10 for $500,000 and 1,538,462 critical mineral flow-through shares at $0.13 for $200,000, with the option to increase the total to $1,300,000. Flow-through proceeds will fund exploration expenditures on the Toivo, Stimson, Flanders South, Flanders North and SBC projects in Ontario and the Cisco West and Obamska lithium projects in Quebec. Closing is expected on or about September 14, 2026.
Financingsee Athena press release dated August 19, 2026
Hole LL-26-006A at the Laird Lake project in Ontario's Red Lake Gold District returned 23.85 g/t Au over 5 m from 21.0 m to 26.0 m, including 62.9 g/t Au over 1 m from 21 m and 54.1 g/t Au over 1 m from 23 m, defining the newly named Scooby Zone. The zone was also intersected in hole LL-26-008 at roughly 400 m vertically below, returning 8.03 g/t Au over 0.62 m within 1.37 g/t over 4.5 m from 609.5 m. The nine-hole, 5,134-metre maiden program will be followed by about 10,000 m of drilling this fall/winter.
NewsLibra Congratulates Athena Gold on New Discovery in Red Lake
Athena Gold reported a new near-surface gold discovery, the Scooby Zone, at its Laird Lake project in Ontario's Red Lake Gold District, with discovery hole LL-26-006A returning 23.85 g/t Au over 5 metres from 21 metres downhole, including 62.9 g/t Au over 1 metre and 54.1 g/t Au over 1 metre. Mineralization was also intersected in a roughly 400-metre vertical step-out hole, with follow-up planned for Fall/Winter. Libra holds over 4.4 million Athena shares, representing more than 12% of shares outstanding.
Drill resultsLibra Expands Quebec Lithium Footprint with Flagship Cisco West and Obamska Projects
An option agreement dated August 11, 2026 gives Libra Energy Materials the right to acquire a 100% interest in the Cisco West (19,788 hectares) and Obamska (9,779 hectares) lithium projects in the Eeyou Istchee James Bay region of Québec, via $300,000 in staged cash payments, 8,823,529 common shares over three years, a 2% NSR royalty, and a $2,000,000 milestone payment if a resource of 50 million tonnes or greater at 1.0% Li₂O is filed. Cisco West is contiguous with Q2 Metals' Cisco deposit and covers about 45 km of the Nottaway Deformation Zone. Field programs are planned in the coming weeks.
CorporateLibra Energy Appoints Farid Mammadov as Vice President, Investor Relations
Farid Mammadov, CPIR, has been appointed Vice President, Investor Relations of Libra Energy Materials Inc. (CSE: LIBR), effective immediately. He previously served as Vice President, Investor Relations at New Age Metals Inc. and holds the Certified Professional Investor Relations designation from the Canadian Investor Relations Institute, along with a B.A. in Business Law and a minor in Economics from Carleton University.
ManagementLibra Energy Appoints Ty Minnick as Chief Financial Officer
Ty Minnick, CPA has been appointed Chief Financial Officer of Libra Energy Materials Inc., effective immediately. Outgoing CFO Carlo Rigillo will remain with the Company as a consultant. Minnick has worked in mining since 2011, serving as CFO of Augusta Gold Corp. until its takeout by AngloGold Ashanti, CFO of Titan Mining Corporation, and CFO of Athena Gold Corporation since 2021.
ManagementLibra Energy Appoints Dr. Jérémie Pfister as Vice President of Exploration
Dr. Jérémie Pfister, PhD, P.Geo., has been appointed Vice President of Exploration of Libra Energy Materials Inc., effective immediately. Pfister previously served on the Company's Advisory Board and joined as a Technical Advisor in late 2025, and was previously Geology Manager at Targa Exploration. Outgoing VP of Exploration Ben Kuzmich will remain with the Company as a Technical Advisor, focused on Canadian exploration.
ManagementLibra to Participate in 3rd Annual Bermuda Capital Event Hosted by CEM
Libra Energy Materials will participate in the 3rd Annual Bermuda Capital Event hosted by Capital Event Management Ltd., held June 12-14, 2026 in Hamilton, Bermuda. The company will take part in pre-scheduled one-to-one meetings alongside approximately 53 other public companies and more than 60 investors from North America and international markets. Libra's Flanders North, Flanders South and SBC lithium projects in Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals Company.
CorporateLibra Secures 100% Ownership of SBC Lithium Project in Ontario Following KoBold Payment
KoBold Metals funded the final CAD $114,000 option payment to Bounty Gold Corp., acknowledged received on June 2, 2026, completing staged payments totaling CAD $380,000 and giving Libra a 100% interest in the 15,670-hectare SBC lithium project south of Pickle Lake, Ontario, subject to a 2% net smelter royalty and resource-based milestone payments. SBC, with Flanders North and Flanders South, is explored under KoBold's CAD $33 million earn-in for 75% over six years. Libra will also settle $21,000 of debt via 123,529 shares at $0.17.
AcquisitionLibra Energy Announces Graphite Discovery at Stimson Project in Ontario - Drills 4.7% Graphitic Carbon over 14.7 Metres
Drill hole ST26-001 at the 100%-owned Stimson project, 26 km east of Cochrane, Ontario, returned 4.7% graphitic carbon over 14.7 metres (175.32–190 metres), including samples up to 10.45% Cg, plus 0.52% Zn over 18 m (159–177 metres). The 203-metre single-hole program targeted a possible spodumene occurrence but pegmatites returned 3 to 116 ppm Li across 84 samples. No additional drilling is planned; Libra is considering surface prospecting, historical hole re-logging and a potential partner.
Drill resultsLibra Energy Materials Awarded $200,000 Grant from Ontario Government
CAD $200,000 in non-dilutive grant funding has been awarded to Libra Energy Materials through the Ontario Junior Exploration Program, administered by the Ontario Ministry of Mines, to offset grassroots mineral exploration costs. The funding will be deployed in the Company's 2026 field season. Libra's Flanders North, Flanders South and SBC projects in Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals Company.
CorporateLibra Reports Results from 2025 Field Program at James Bay Projects
A six-day maiden surface exploration program at the 100%-owned Nemiscau and Wegucci projects in the James Bay region, Québec collected 69 rock samples and identified multiple pegmatite swarms, with individual bodies estimated up to 30 metres wide. Sampling returned values up to 86 ppm Nb, 16 ppm Ta and a peak of 47 ppm Ga from pegmatites at Nemiscau, and a more fractionated pegmatite was found at Wegucci. The program covered less than 10% of the combined project area.
Drill resultsLibra Commences Maiden Drilling Program at Penelope Project, Brazil
A maiden auger drilling program has begun at the 100%-owned Penelope Project in Minas Gerais, Brazil, targeting the Elena and Gaia rare earth element targets, where earlier sampling returned up to 3,103 ppm total REEs. Holes are planned to depths of 5 to 20 metres to test REE enrichment within the regolith profile. Prior surface sampling returned 8,780 ppm Nb and 10,900 ppm Ta at Gaia, Elena rock chip panels averaging 1,555 ppm and 844 ppm total REEs, and soils up to 517 ppm total REEs and 43 ppm Ga at 80 centimetres.
Drill resultssee Company press release dated February 26, 2026
The 100%-owned Penelope Project in the Minas Gerais District, Brazil has been reclassified as a rare earth element, niobium, tantalum and gallium target and deprioritized as a lithium target, following historical data review and geochemical sampling. Results include 8,780 ppm Nb and 10,900 ppm Ta at the Gaia Pegmatite, rock panel chips averaging 1,555 ppm and 844 ppm total REEs at Elena, soil averaging 230 ppm total REE, and up to 65.2 ppm Ga. Libra intends to monetize or option out Penelope.
NewsLibra Energy Materials to Participate at PDAC 2026
Libra Energy Materials will exhibit at Booth #2149 at the PDAC Convention at the Metro Toronto Convention Centre from March 1 to 4, 2026, inviting existing and prospective investors to attend. The Canadian mineral exploration company's Flanders North, Flanders South and SBC projects in Ontario are being explored under a CAD $33 million earn-in deal with KoBold Metals Company, and it holds additional lithium, graphite and cobalt projects in Canada and Brazil.
CorporateLibra Mobilizes for Maiden Drill Program at Stimson Lithium-Cesium Project
Mobilization has begun for a maiden drill program at the 100%-owned Stimson lithium-cesium project in the Case Lake district, Ontario. The initial scout hole will test historical unassayed hole DDH PT94-11, which logged three intervals, the largest 39.8 metres (60.0 m–99.8 m) of a granitic complex with possible spodumene; the program will also assess pollucite potential. Libra also issued 250,000 stock options at $0.18 to consultants, vesting over one year and expiring in five years.
Drill resultsLibra and Kobold Announce Positive Results from 2025 Field Season at Kobra Projects, Ontario; Multiple New Lithium-Bearing Pegmatites Discovered
Multiple new lithium-bearing pegmatites were discovered during the 2025 field season at the Flanders North, Flanders South and SBC (Kobra) projects near Thunder Bay, Ontario, the first full season under KoBold Metals' six-year, CAD $33 million earn-in for a 75% interest. Two new spodumene-bearing pegmatites at SBC returned up to 2.08% Li2O and 468 ppm Ta2O5, and 1.03% Li2O. New Flanders South zones Maggie and Fat Tony returned 0.14% Li2O with 158 ppm Ta2O5 and 0.11% Li2O with 287 ppm Ta2O5. KoBold met its CAD $750,000 minimum expenditure.
Drill resultsLibra Announces New Appointments to Advisory Board
Stefano Somma, Néstor Álvarez and Jordan Quinn have been appointed to the Advisory Board of Libra Energy Materials Inc. Somma is CEO of 10 Bagger Stocks Corporation and will advise on marketing, investor communications and capital markets outreach; Álvarez is a Brazil-based geologist with over 35 years of experience who will advise on exploration and resource development in Brazil; Quinn is Director of Exploration at Nemo Resource Group, with prior roles at Fladgate Exploration, Newmont and Barrick.
ManagementLibra Energy Materials to Participate at Vancouver Resource Investment Conference 2026
Libra Energy Materials will exhibit at Booth #212 at the Vancouver Resource Investment Conference at the Vancouver Convention Centre from January 25 to January 26, 2026. The Company also issued 305,810 common shares at a deemed price of CAD$0.1635 to Last Resort Resources Ltd. and Bounty Gold Corp. as consideration for the Stimson lithium-cesium project in Ontario, acquired for a total purchase price of CAD$50,000 under an August 21, 2025 asset purchase agreement, subject to CSE approval.
Corporate
202514 releases
Libra Energy Materials Announces Change of OTCQB Stock Symbol
Libra Energy Materials' OTCQB Venture Market symbol changed from PWMCF to LIBRF at market open on December 30, 2025. Shares continue trading on the CSE under LIBR and on the Frankfurt Stock Exchange under W0R0. The company also issued 1,266,593 incentive stock options at an exercise price of $0.17 per common share to officers, employees, directors and consultants, vesting over one year, expiring five years from grant and subject to CSE approval.
CorporateLibra Energy Materials Announces OTCQB Listing
Common shares of Libra Energy Materials Inc. began trading on the OTCQB Venture Market at the market open on December 17, 2025 under the symbol PWMCF. The shares are eligible for book-entry delivery and depository services of the Depository Trust Company for electronic settlement in the United States. Libra's shares continue to trade on the Canadian Securities Exchange as LIBR and on the Frankfurt Stock Exchange as W0R0.
CorporateLibra Energy Materials Announces Closing of Oversubscribed Non-Brokered Private Placement Financing
A non-brokered private placement closed for total gross proceeds of $1,209,273, comprising 2,554,552 hard dollar common shares at $0.17 and 3,100,000 CMETC flow-through shares at $0.25, subject to Canadian Securities Exchange approval. Flow-through proceeds will fund exploration on the company's Ontario and Quebec critical mineral properties, with expenditures renounced to purchasers effective no later than December 31, 2025. Insiders acquired 1,294,293 hard dollar shares; no finders' fees or broker warrants were paid, and securities carry a four month and one day hold period.
FinancingLibra Energy Materials Announces Non-Brokered Private Placement Financing of Common Shares and Charity Flow-Through Shares
A non-brokered private placement for total gross proceeds of $1,000,000 is planned, comprising hard dollar common shares at $0.17 each and CMETC charity flow-through shares at $0.25 each, with the Company reserving the right to increase the size subject to CSE approval. Flow-through proceeds will fund exploration on Libra's Ontario and Quebec critical mineral properties, renounced with an effective date no later than December 31, 2025. Finders' fees of up to 8% cash and 8% broker warrants exercisable at $0.17 for 24 months apply.
FinancingLibra Energy Materials to Participate in Red Cloud's 2025 Fall Mining Showcase in Toronto
Libra Energy Materials will participate in Red Cloud's 2025 Fall Mining Showcase at the Sheraton Centre Toronto Hotel on November 4-5, 2025, with CEO Koby Kushner presenting on November 5 at 12:00 PM Toronto time. The Company also announced a shares for debt settlement with certain service providers, issuing an aggregate of 152,578 common shares at $0.185 per share, subject to Canadian Securities Exchange approval, with a four month and a day statutory hold period.
CorporateLibra Commences Maiden Exploration Program Across James Bay Lithium District in Quebec
Laurentia Exploration has been commissioned to begin a reconnaissance prospecting program at Libra's 100%-owned Wegucci lithium project in the James Bay region, Quebec, along strike of Rio Tinto's Whabouchi deposit, plus initial fieldwork at the 100%-owned Nemiscau project, about 18 km south of Cygnus Metals' Pontax deposit. Wegucci spans 2,070 ha, with satellite imagery identifying interpreted pegmatite outcrops up to 32 m wide; Nemiscau covers 2,454 ha with mapped pegmatites 10–100 m wide. The program also includes visits to unowned projects under acquisition consideration.
Drill resultsLibra Energy Materials Enhances Growth Strategy with New Advisors, Updates Exploration Programs, and OTC U.S. Market Access
Dr. Jeremie Pfister and Daniel Buhler were added to Libra Energy Materials' Advisory Board, and the Company has applied to list on the OTCQB Venture Market, with completion expected in the coming weeks. The 2025 Ontario field season at Flanders North, Flanders South and Soules Bay-Caron, under the $33 million KoBold Metals earn-in, collected 413 samples, with results pending KoBold's analysis; KoBold has temporarily paused Libra's role as Exploration Contractor and field work at SBC pending stakeholder engagement. Fall programs are being mobilized in Brazil's Borborema and Penelope projects and at the Nemiscau and Wegucci projects in Quebec.
ManagementLibra Energy Materials Announces Participation in The Munich Mining Conference
Libra Energy Materials will attend the Munich Mining Conference on October 3 and 4, 2025, with CEO and Director Koby Kushner at Booth #66. The conference has 109 companies attending and more than 1,000 registered individual investors. Libra's Flanders North, Flanders South and SBC projects in Ontario are being explored under a CAD$33M earn-in deal with KoBold Metals Company.
Corporate