Libra Energy adds Pfister, Buhler as advisers

Executive Summary

• Libra Energy Materials has appointed two new advisors to its board (Dr. Jeremie Pfister and Daniel Buhler) and applied for listing on the OTCQB Venture Market to improve access to U.S. investors.
• The company is advancing exploration programs across its lithium portfolio, including mobilizing for fall-winter work in Brazil following the Brion Minerals acquisition, initiating maiden prospecting in Quebec, and concluding the 2025 field season in Ontario under its KoBold Metals earn-in agreement.
• Portfolio company Athena Gold Corp. has made significant progress, including redomiciling to Canada, defining anomalies at Laird Lake, and commencing drilling at the Excelsior Springs project in Nevada.

Key Details

• Advisory Appointments:
  • Dr. Jeremie Pfister: Added as expert in lithium and rare metal pegmatites; holds PhD in pegmatite ore deposit geology from Laurentian University and BSc in geology/mining engineering from University of Arizona. Former exploration manager at Targa Exploration.
  • Daniel Buhler: Added as finance executive; President of Platico SA, Director at Materium, and works with Hyndland Partners (M&A advisory). Former roles in corporate development at Vitol's Vivo Energy.
• OTCQB Listing:
  • Applied for listing on the OTCQB Venture Market.
  • Expected to be finalized in the coming weeks to provide better access to U.S.-based investors and improved liquidity.
• Brazil Exploration (Post-Brion Minerals Acquisition):
  • Completed reconnaissance site visit to Borborema lithium projects.
  • Mobilizing for fall-winter exploration program at Penelope project (Minas Gerais).
  • Follow-up activities planned at Amparo and Lajes Pintadas projects.
  • Prospecting planned at additional targets under evaluation for acquisition.
• Quebec Exploration:
  • Preparing for inaugural fall prospecting program at 100%-owned Nemiscau and Wegucci projects.
  • Targets identified via satellite imagery with potential exposed widths of 50 to 100 metres.
  • Nemiscau held since 2023; Wegucci newly staked along subprovince boundary hosting major spodumene pegmatites (e.g., Whabouchi, Shaakichiuwaanaan, Cisco).
• Ontario Exploration (KoBold Metals Earn-in):
  • 2025 field season concluded at Flanders North, Flanders South, and Soules Bay-Caron (SBC) projects.
  • Total of 413 samples collected from lithium-bearing pegmatites.
  • Results pending KoBold's review and analysis.
  • KoBold has temporarily paused Libra's role as exploration contractor; activities expected to resume next season.
  • Field activities at SBC paused pending engagement with nearby land users.
• Athena Gold Corp. (Portfolio Company):
  • Redomiciled to Canada (April 16, 2025).
  • Defined geochemical and geophysical anomalies at Laird Lake project (Ontario).
  • Optioned Excelsior Springs project (Nevada); currently being drilled.
  • Plans to commence drilling at Laird Lake this winter.
  • Libra holds 43,865,217 common shares of Athena Gold.

Notable Quotes

• No direct quotes from the CEO/President were included in the text.