Las Vegas, NV, Aug. 13, 2013 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and
diversified mine exploration and development company focused on
"Mined in America" strategic industrial minerals, today provided an
update on their upcoming special shareholder's meeting and progress
made on the Fencemaker mine operations preparations.
First Liberty Power Chairman Bob Reynolds noted a change in the
structure and timing of this important meeting. "The definitive
date of the special shareholder meeting is pending final regulatory
approval of the company's proxy materials, which we are
anticipating to occur shortly," Reynolds said. "In order to
remain compliant with all state and regulatory requirements, an
adjustment to the previously planned date of August 15 is
required. However, in consideration of the stockholders
already planning to be at the 2:00pm August 15th
meeting, we will proceed with having a meeting as scheduled, to
provide a corporate update and respond to any questions from those
attending or who submit questions in advance. All
information conveyed in this meeting will be posted to our
corporate website following the meeting. The moment we
have final approval on our proxy materials, a definitive date for
the special meeting will be announced."
"At First Liberty Power, we strive to
communicate with our shareholders in open and transparent fashion,"
Reynolds said. "So, on behalf of the First Liberty Board and
management team, we would like to apologize to our shareholders for
any inconvenience this delay may have caused them. We look
forward to meeting with them on August 15 at our corporate
headquarters (7251 West Lake Mead Blvd., Suite 300, Las Vegas,
Nevada)."
In concluding his remarks, Reynolds offered an
update on the FLPC Fencemaker mine, noting that work continues to
move visibly forward. The water has been removed from the
mine and we are now working on the mine water management plan with
the Nevada Department of Environmental Protection. The surrounding
development of the mine area footprint and implementation of
component facilities are being finalized. Surface and Underground
ground support have been prepared and secured for mining, all
according to the highest standards of safety regulations.
FLPC will continue to use Pathways of
Progress announcements to inform and update
shareholders and stakeholders of advancements in mining and
financial operations.
ABOUT FIRST LIBERTY POWER CORPORATION
(OTCQB: FLPC): First Liberty Power Corporation is an
innovative and diversified mine exploration and development company
focused on bringing to market "Mined in America" strategic
industrial minerals. The FLPC corporate philosophy is driven
by a dedication to Pathways of Progress (POP). It is a
program of best corporate practices designed to rapidly drive the
company towards mine production/milling, benefitting FLPC
shareholders, investors and mining partners and ensuring safety,
environmental integrity, and good governance. Presently, FLPC
has interests in four properties: the Fencemaker antimony project
in Nevada, the Lida Valley and Smoky Valley lithium brine projects
in Nevada, and the San Juan vanadium/uranium project in Utah.
www.firstlibertypower.com
www.facebook.com/FirstLibertyPower
Notice Regarding Forward-Looking
Statements
This current report contains
"forward-looking statements," as that term is defined in Section
27A of the United States Securities Act of 1933 and Section 21E of
the Securities Exchange Act of 1934. Statements in this press
release which are not purely historical are forward-looking
statements and include any statements regarding beliefs, plans,
expectations or intentions regarding the future plans of the
company, the prospects for our mineral properties, and our ability
to raise necessary working capital.
Actual results could differ from those
projected in any forward-looking statements due to numerous
factors, including the inherent uncertainties associated with
mineral exploration and difficulties associated with obtaining
financing on acceptable terms. We are not in control of metals
prices and these could vary to make development uneconomic. These
forward-looking statements are made as of the date of this news
release, and we assume no obligation to update the forward-looking
statements, or to update the reasons why actual results could
differ from those projected in the forward-looking statements.
Although we believe that the beliefs, plans, expectations and
intentions contained in this press release are reasonable, there
can be no assurance that they will prove to be accurate. Investors
should consult all of the information set forth herein and should
also refer to the risk factors disclosure outlined in our most
recent annual report for our last fiscal year, our quarterly
reports, and other periodic reports filed from time-to-time with
the SEC.
CONTACT: For more information contact:
Robert Reynolds (800) 709-1196
ir@firstlibertypower.com
