Liberty Gold Announces the Sale of the Goldstrike Project for Proceeds of US$72.5 Million

VANCOUVER, British Columbia, March 23, 2026 (GLOBE NEWSWIRE) -- Liberty Gold Corp. (TSX: LGD; OTCQX: LGDTF) (“Liberty Gold” or the “Company”) announces that it has entered into a definitive share purchase agreement (the “Agreement”) to sell the issued and outstanding shares of its subsidiary, Speciality American Metals Inc., that owns the Goldstrike Project located in southern Utah (“Goldstrike”), to Heliostar Metals Ltd. (“Heliostar”) for US$72.5 million in total consideration (the “Transaction”). The Transaction will provide Liberty Gold with additional capital to advance its flagship Black Pine Oxide Gold Project located in southern Idaho.