Libra Energy Materials Enhances Growth Strategy with New Advisors, Updates Exploration Programs, and OTC U.S. Market Access

Executive Summary

• Libra Energy Materials announced the addition of two senior advisors (Dr. Jeremie Pfister and Daniel Buhler) to strengthen its lithium exploration expertise and strategic growth capabilities.
• The company has applied for a listing on the OTCQB Venture Market, aiming to broaden U.S. investor access and improve share liquidity, with an expected approval in the coming weeks.
• Multiple exploration programs were outlined: mobilization of fall‑winter work in Brazil (post‑Brion Minerals acquisition), inaugural prospecting in Quebec’s Nemiscau and Wegucci projects, and completion of the 2025 Ontario field season under a CAD $33 million earn‑in agreement with KoBold Metals.

Key Details

• Advisory Board Additions – Dr. Jeremie Pfister (pegmatite geology expert, former Exploration Manager at Targa Exploration) and Daniel Buhler (finance executive, President of Platico SA, Director at Materium).
• OTCQB Listing Application – Libra has submitted an application to the OTCQB Venture Market; expects finalization “in the coming weeks.”
• Brazil Program (Post‑Brion Minerals Acquisition) – Completed reconnaissance site visit to Borborema lithium projects; preparing fall‑winter exploration at Penelope (Minas Gerais) plus follow‑up work at Amparo and Lajes Pintadas, with additional target evaluations.
• Quebec Prospecting Launch – Planning inaugural ground‑based prospecting across 100 % owned Nemiscau and newly staked Wegucci projects; satellite imagery indicates potential pegmatite widths of 50–100 m. Potential expansion to non‑owned targets under acquisition review.
• Ontario Earn‑In Completion – 2025 field season concluded at Flanders North, Flanders South, and Soules Bay‑Caron (SBC) projects under a CAD $33 M earn‑in with KoBold Metals; 413 samples collected from known and newly discovered lithium‑bearing pegmatites. KoBold has temporarily paused Libra’s role as Exploration Contractor pending stakeholder engagement; field activities to resume next season.
• Athena Gold Portfolio Update – Athena Gold (Libra’s portfolio company) redomiciled to Canada, identified geochemical/geophysical anomalies at Laird Lake (Ontario), and optioned the Excelsior Springs project in Nevada (now drilling). Libra holds 43,865,217 common shares of Athena.
• Qualified Person – Technical content reviewed and approved by Benjamin Kuzmich, P.Geo., VP Exploration, qualified under NI 43‑101.

Notable Quotes

• “The addition of Dr. Pfister and Mr. Buhler brings world‑class expertise that will accelerate our lithium discovery efforts and support strategic growth initiatives,” – Koby Kushner, CEO, Libra Energy Materials Inc.

Materiality Assessment: Non‑Material – Positive (the release provides forward‑looking operational updates without disclosed financial results or definitive project outcomes).