Las Vegas, NV, Dec. 19, 2013 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (OTCQB: FLPC), an
innovative and diversified exploration, development and mining
company focused on strategic industrial minerals for America's
future, has announced an expansion of their management team as part
of ongoing progress at their Fencemaker mine operation.
"The Company has expanded their operations staff to include an
onsite accountant/comptroller in the Lovelock office to ensure that
the cost effectiveness and accuracy of daily operations will be
maintained" stated First Liberty Power CFO, Mario Beckles. "This
individual is responsible for the oversight of the Lovelock
operation as well as providing accounting/production controls for
all mining operations and upcoming milling operations. We
felt that expanding our financial team at this time was another
crucial step toward ensuring the most efficient use of the
Company's resources."
Earlier this month, FLPC announced a joint
consulting venture with Murdock Capital Partners Corp., New York,
an arrangement that is anticipated to substantially expand the
Company's investment and mining community outreach.
The Company also disclosed that further to its
commencement of mining operations, a buyer for the stibnite
(antimony) concentrate had been contracted, with shipments
anticipated to begin in January of 2014. The projected net
revenues from the sale of the concentrates will be used to further
enhance Fencemaker operations, as well as other future Company
developments. Information on both announcements along with
all permitting accomplishments, SEC filings, and major milestones
achieved throughout the year are available for review on the
Company website:
http://www.firstlibertypower.com/investors/corporate-news
First Liberty Power CEO, Don Nicholson reflected
on the accomplishments of the Company in 2013. "With this
week's announcement of the signing of an offtake contract for the
Fencemaker antimony, FLPC is completing the year on a very positive
note. Companies routinely spend millions to complete just the
exploration component of mining property development.
However, from the start our team, together with Stockpile Reserves
LLC, recognized the challenge of the tasks at hand and became
dedicated to doing everything required to bring Fencemaker to
production in a twelve-month time period. Additionally, we
accomplished this goal with extensive transparency to the
investment community through our "Pathways of
Progress" program. It is our goal in 2014 to
continue to increase production at Fencemaker, undertake several
new initiates to support our growth and development, and to become
a genuine leader in the strategic metals field."
FLPC will continue to use Pathways of
Progress announcements to update advancements in
their mining and overall operations.
ABOUT FIRST LIBERTY POWER CORPORATION (OTCQB:
FLPC): First Liberty Power Corporation is an innovative
and diversified exploration, development and mining company focused
on bringing to market strategic minerals for America's Future,
having the only Antimony mine in production in the USA. The First
Liberty corporate philosophy is driven by a dedication to the
Pathways of Progress (POP) program. This is a
program of best corporate practices designed to drive the company's
exploration, development and mining operations, benefitting First
Liberty shareholders, investors and mining partners, in addition to
ensuring safety, environmental integrity, and good governance.
Presently, First Liberty 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
https://twitter.com/FirstLibertyOTC
ABOUT MURDOCK CAPITAL: Murdock
Capital Partners Corp. (Murdock Capital) is a private merchant
banking firm with 24 years of experience in advisory work with
companies in the natural resources and energy-related
industries. Murdock Capital acts as financial intermediary
and/or principal for small and medium size companies and advises
its corporate clients on all aspects of investment banking,
including mergers and acquisitions, public and private financing,
management buy-outs and corporate divestitures. The company's
knowledge and experience in assessing and formulating a corporate
strategy includes marketing, strategic alliances and business
management, all of which greatly increases the probability of
clients' success. Murdock Capital specializes in due diligence,
market research, competitive analyses, financial and transaction
structuring and corporate advisory services with the ultimate goal
of always obtaining the desired results for their clients.
www.murdockcapital.com
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: Robert Reynolds - FLPC
(800) 709-1196
ir@firstlibertypower.com
Thomas Dean - Murdock Capital Partners
(646) 396-9615
