New Lithium Explorer Signs a Deal With KoBold Metals

SPONSORED CONTENT

Libra Lithium Corp. is a Canadian lithium explorer that sprint-staked a clutch of grassroots lithium-pegmatite prospects in north-western Ontario (Flanders South, Flanders North, Soules Bay-Caron and Toivo) and in Québec’s James Bay belt (Wegucci and Nemiscau), then flipped operational control of the three flagship Ontario blocks to KoBold Metals via a six-year, C$33 million earn-in that can leave Libra with just 25 % (or a 1 % NSR if it can’t fund its share post-earn-in). The company has collected grab-samples with up to 6.64 % Li₂O and multi-kilometre strike lengths. Management, led by ex-analyst and engineer Koby Kushner, plans to list through a reverse takeover of PowerStone on the CSE, with a “counter-cyclical” approach to lithium.

In this interview, Libra Energy Materials CEO Koby Kushner explains the company’s origin, his technical and capital-markets background, insider lock-ups, the decision to list during a lithium downturn, the track record of his exploration team, joint-venture terms with KoBold Metals, priorities across six Ontario-Québec pegmatite projects, financing and marketing plans, prospective M&A, and his view that lithium prices have bottomed, while outlining milestones, risks, and governance safeguards.

TL;DR

  1. 1. History
    Libra was formed in early 2023 to pursue grassroots lithium exploration after the founders saw capital flowing into weaker projects.
  2. 2. Insider Ownership
    CEO Koby Kushner, a mining engineer and former lithium analyst, owns roughly 11-12% of the company and takes a five-figure salary.
  3. 3. Share Structure
    About 45 percent of shares are in an event-driven lock-up, and insiders intend to keep buying while avoiding cheap-stock giveaways.
  4. 4. KoBold Partnership
    A KoBold Metals earn-in can fund up to CA$33 million on three flagship assets, supplying revenue and technical horsepower without corporate-level dilution.
  5. 5. Strategy
    Near-term strategy is to bank drill-ready targets, pursue counter-cyclical M&A, and list in summer 2025, betting that lithium demand rebounds from a perceived market bottom.

Libra Energy Materials CEO Interview with Koby Kushner

VERY IMPORTANT WARNING

Please note that Resource Talks has received monetary compensation from Libra Energy Materials for the production of this content. This website is not a research platform – it’s a business that aims to receive compensation for the creation and publication of content from the parties that it covers. This means there will always be a potential conflict of interest which means you can never rely on anything said herein.

By consuming this content, you acknowledge that Resource Talks and/or its affiliates and/or their personnel may own, have owned, or will own interests in and/or may have a business relationship with some or all companies/entities mentioned/featured in this publication. You further acknowledge that entities which may be referenced or featured in this publication or their related parties may hold an interest in Resource Talks or its affiliates, which may create further conflict of interest.

The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The reader acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy. The author is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn’t know much more than a potato does. The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don’t read the official documents provided by the company on http://www.SedarPlus.ca, you will lose all of your money.

latest

Discover more from Resource Talks

Subscribe now to keep reading and get access to the full archive.

Continue reading

main menu

categories