Discovering Sustainable Value

Critical mineral discoveries through sustainable exploration

About Libra Energy Materials

Libra Energy Materials (CSE: LIBR | OTCQB: LIBRF | FSE: W0R0) is a Canadian mineral exploration company focused on the discovery and development of the critical minerals needed for the global energy transition.

Libra’s flagship Canadian assets include the Cisco West and Obamska lithium projects in the Eeyou Istchee James Bay region of Québec, which the company has optioned to acquire a 100% interest in. Cisco West is directly contiguous with, and partially surrounded by, Q2 Metals’ Cisco project, the largest hard-rock lithium deposit in the Western Hemisphere. In Ontario, Libra’s Flanders North, Flanders South, and SBC lithium projects are being explored under a $33M earn-in agreement with KoBold Metals Company.

Beyond its flagship projects, Libra holds a broader portfolio of battery and critical metals projects across Canada and Brazil, including the 100%-owned Stimson project in Ontario, where maiden drilling made a graphite discovery, and the Penelope project in Brazil, where the company announced a rare earths and gallium discovery in 2026.

The Libra team brings together seasoned executives, engineers, and geoscientists with extensive experience in mining and mineral exploration, capital markets, asset management, energy, and First Nations engagement.

Some of Our Projects

Kobra Projects

Several confirmed lithium-bearing pegmatites in Ontario that remain untested by the drill bit. Includes Flanders North & South and the award-winning SBC projects. Under $33 million earn-in by KoBold Metals Company.

Toivo

Adjacent to SBC in Ontario, straddling the same Uchi-English River sub-province boundary. 100%-owned by Libra.

Borborema Lithium

Early-mover advantage in an emerging spodumene district in Brazil, with 10 Mineral Rights. 100%-owned by Libra. 

Quebec Lithium

A robust pipeline of 100%-owned projects in the heart of Quebec’s James Bay District, including Nemiscau and Wegucci. Both projects contain large, mapped pegmatites, hosted along trend of world-class lithium deposits.

Bahia Graphite

Located in south Bahia state, a proven graphite-producing region, near major infrastructure including roads and port facility access. Covers four 100%-owned graphite projects, including the Limeira, with large jumbo flakes and channel samples of 1.56% Cg over 18m and the Jordania project, with surface grab samples up to 0.9% Cg.

Cisco West and Obamska

Flagship lithium projects on the Frotet-Evans greenstone belt in Quebec’s Eeyou Istchee James Bay region. Cisco West is contiguous with Q2 Metals’ Cisco project, the largest hard-rock lithium deposit in the Western Hemisphere, and covers about 45 km of strike along the Nottaway Deformation Zone. Obamska hosts numerous large, highly fractionated LCT pegmatites at surface. Under option to acquire a 100% interest.

The KoBold Advantage

KoBold Metals Company is a US-based exploration and mining company that combines expertise in geosciences with artificial intelligence, machine learning, and data science to improve and accelerate the exploration process in search for the critical minerals necessary for the global energy transition. In November 2024, KoBold and Libra entered into a C$33M earn-in agreement to jointly explore Libra’s Flanders North, Flanders South, and SBC projects in Ontario.

projects under KoBold Metals earn-in

million spend requirement

years for KoBold to earn a 75% interest

thousand monthly contractor fee payable to Libra

The Ultimate Counter-Cyclical Lithium Play

Favourable Macro

Lithium demand set to grow at a 19.57% CAGR from 2025-2030 (Mordor Intelligence), with a deficit returning in 2026 (Fastmarkets).

Consolidator Opportunity

Price volatility presents opportunities for bottom-market M&A.

Money in the Ground

Partner-funded exploration, low G&A, and revenue generation minimizes share dilution risk.

Real Miners, Not Stock Promoters

Libra’s technical team won the 2024 Bernie Schnieders Discovery of the Year Award.

The Right Vehicle

Tight share structure, ~50% insider ownership, with top shareholders subject to indefinite lock-up period.

A Word From Our CEO

Koby Kushner, P.Eng., CFA

Koby Kushner, P.Eng., CFA

Former mining engineer and sell-side mining analyst

Genuine grassroots lithium exploration is brand new. Historically, existing lithium mines were enough to cover industrial demand. Today, the battery sector dominates lithium demand, and demand is growing faster than supply on the back of the global electrification and decarbonization efforts. Only recently have we needed to look for new sources of lithium.

Hard-rock lithium occurs in a type of rock called pegmatite. Most pegmatites being drilled off today were historically documented or found by accident while searching for something else. When generating our projects, we ignore “nearology” – proximity to known lithium occurrences – and focus on where lithium-bearing pegmatites should occur, stake it, and explore it. Imagine the opportunity that awaits if we purposely looked for new lithium deposits rather than staking around the accidents.