Libra Announces Rare Earths and Gallium Discovery at Penelope Project, Brazil

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Toronto, Ontario--(Newsfile Corp. - June 11, 2026) - Libra Energy Materials Inc. (CSE: LIBR) (OTCQB: LIBRF) (FSE: W0R0) ("Libra" or the "Company") is pleased to report initial assays from its maiden auger drill program at its 100%-owned Penelope Project ("Penelope" or the "Project") in Minas Gerais, Brazil. The first six holes returned consistent grades near surface, including multiple intervals exceeding 1,000 ppm total rare earth oxides ("TREO") such as