AUCCF

Ibero Announces Closing of Non-Brokered Private Placement of Units

VANCOUVER, British Columbia, April 17, 2026 (GLOBE NEWSWIRE) -- Ibero Mining Corp. (TSX.V:IMC) (OTCQB:AUCCF) (“Ibero” or the “Company”) is pleased to announce that, further to its news releases dated February 12, 2026 and March 30, 2026, and further to the partial revocation order granted by the British Columbia Securities Commission (“BCSC”) on February 11, 2026, and variation orders granted by the BCSC on February 11, 2026, March 19, 2026 and March 27, 2026 (collectively, the “Partial Revocation Order”), it has closed the non-brokered private placement by the issuance of 16,666,667 units in the capital of the Company (“Units”) at a price of $0.03 per Unit for aggregate gross proceeds of $500,000. Each Unit consists of one common share of the Company (“Common Share”) and one common share purchase warrant entitling the holder to purchase one Common Share at an exercise price of $0.08 for a period of thirty-six months from the closing date (the “Private Placement”).