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Liberty Silver Corp Announces $250 Million Private Placement to Establish WHITE Token Treasury Reserve and Launch Grey Matter Treasury
Liberty Silver Corp Announces $250 Million Private Placement to Establish WHITE Token Treasury Reserve and Launch Grey Matter Treasury

Reuters

time4 days ago

  • Business
  • Reuters

Liberty Silver Corp Announces $250 Million Private Placement to Establish WHITE Token Treasury Reserve and Launch Grey Matter Treasury

TORONTO, Canada, August 11, 2025 (EZ Newswire) -- Liberty Silver Corp., opens new tab ("Liberty" or the "Company") (CSE:LSL) today announced that it plans to adopt a treasury policy under which the principal holding in its treasury reserve will be WHITE tokens, the native digital asset of the White Network ecosystem developed by WhiteRock, opens new tab. Following the closing of the transaction, the Company intends to rebrand to Grey Matter Treasury Corporation. Transaction Overview The offering consists of an approximately $250 million private investment in public equity transaction ("PIPE") for the purchase and sale of common stock (and pre-funded warrants, if applicable) at a purchase price of $1.85 per share. The investors will be granted registration rights as part of the transaction. The PIPE transaction is expected to close on or around August 15, 2025, subject to the satisfaction of customary closing conditions. Upon closing, the Company intends to use the net proceeds from the offering primarily for the purchase of WHITE tokens to participate in the White Network's token launch, opens new tab, as well as general corporate purposes and transaction expenses. The Company's current management team and a majority of the Company's directors will remain in place. The PIPE transaction includes participation from over 45 institutional and crypto-native investors, including strategic participation from WhiteRock's ecosystem partners and leading digital asset investment firms focused on emerging blockchain infrastructure projects. "The White Network represents a significant advancement in blockchain infrastructure, and WHITE tokens provide exposure to what we believe will be a transformative ecosystem," said William "Bill" Tafuri, Project Manager of the Company, who brings over 40 years of mining and exploration experience with major international mining companies. "Our strategy at closing aims to allow investors to access exposure to this high-potential network through our established public company structure." At closing, the Company plans to implement a comprehensive token management strategy designed to maximize value creation through strategic participation in the White Network ecosystem. This program will be designed with the goal of capitalizing on White Network's growth potential while maintaining prudent risk management practices. "We believe that this planned strategy reflects a strong, long-term investment approach that builds upon our company's heritage of identifying and capitalizing on emerging opportunities," said Howard M. Crosby, Director of the Company and President of Crosby Enterprises, Inc., who has founded multiple public resource companies including U.S. Silver Corp and High Plains Uranium. "We plan to execute a differentiated investment approach that will provide shareholders with direct exposure to the White Network ecosystem." Investment Highlights The Company expects to be positioned to deliver immediate value to shareholders upon the close of this transaction, and through the execution of its long-term investment strategy to acquire WHITE tokens and participate strategically in the White Network ecosystem. The Company plans to leverage its experienced management team's proven track record in resource development and strategic asset management to optimize its WHITE token treasury operations. At closing, the Company will establish a strategic advisory council comprising White Network ecosystem participants and digital asset management experts to guide the Company's treasury strategy and ecosystem participation. The Company's management team brings extensive experience in resource company operations, with Director John P. Ryan having been involved in raising over $100 million in equity and debt financing for resource companies he has founded or co-founded, including Western Goldfields, Inc. and U.S. Silver Corporation. The team, which also includes experienced Director Bruce Reid, has successfully developed multiple resource projects across various jurisdictions. Grey Matter Treasury will be supported by an experienced executive team that combines capital markets expertise with resource development experience and strategic asset management capabilities. About Liberty Silver Corp Liberty Silver Corp is a resource development company with a proven management team experienced in identifying and developing strategic opportunities across various sectors. The Company has evolved its focus toward emerging digital asset opportunities while maintaining its core competencies in resource management and strategic asset allocation. Following closing of the financing, anticipated on August 15, 2025, the Company plans to rebrand as Grey Matter Treasury Corporation. By integrating a pioneering WHITE token Treasury Strategy at closing of the financing, the Company seeks to become a leader in strategic digital asset treasury management among public companies Grey Matter Treasury Corporation, following the closing of the PIPE, is expected to be a WHITE token accumulation and strategic participation vehicle designed to provide investors with exposure to the White Network ecosystem. Grey Matter Treasury will be designed to help investors access exposure to the White Network, an emerging blockchain infrastructure with significant growth potential. To facilitate this, Grey Matter Treasury plans to adopt a treasury policy focused on WHITE tokens as its principal treasury asset. For more information, visit opens new tab. Securities Law Disclaimer The offer and sale of the foregoing securities is being made in a private placement in reliance on an exemption from the registration requirement of the Securities Act of 1933, as amended (the "Securities Act"), pursuant to Section 4(a)(2) of the Securities Act and/or Regulation D promulgated thereunder, and applicable state securities laws. Accordingly, the securities offered in the private placement may not be offered or sold in the United States except pursuant to an effective registration statement or an exemption from the registration requirements of the Securities Act and applicable state securities laws. This press release shall not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. Forward-Looking Statements This press release includes "forward-looking statements", including information about management's view of the Company's future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995 (the "Act"). Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue" and similar expressions are intended to identify such forward-looking statements. Media Contact Bruce Reidinfo@ ### SOURCE: Liberty Silver Corp Copyright 2025 EZ Newswire See release on EZ Newswire

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