Las Vegas, NV, March 24, 2014 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (FLPC: OTCQB), an
innovative and diversified exploration, development and mining
company focused on "Mined in America" strategic industrial
minerals, has announced the Company's filing of their second
quarter 10Q report with the SEC.
First Liberty Power CFO, Mario Beckles,
highlighted key details. "I'm pleased to say that, overall,
this second quarter represents further forward progress for the
Company," Beckles said. "We made significant advances with the
launch of initial mining operations at the Fencemaker property. Our
quarterly financials, for the first time, present an inventory
value for our mined stibnite ore in excess of $180,000. With plans
already implemented for the shipment and sale of this inventory, we
remain on track to achieve revenue this fiscal year."
The impact of the Company's continued
development was evidenced by the recent announcement of First
Liberty CEO Don Nicholson's invitation to appear as a speaker at
the World Antimony Forum in Madrid, Spain this April. Nicholson
connected the international spotlight with the Company's
progress.
"We have learned a great deal these past few
months from our initial mining operations, inventory preparation,
and the response from buyers relative to available product. Our
path forward, relative to significantly enhancing our operations,
is now much clearer, as is our emergent role in the world antimony
market. We anticipate several announcements in this regard
throughout the coming weeks. Concurrently, we will continue
to explore and review all FLPC opportunities and operations with a
purpose of further increasing our role in the mining of strategic
industrial minerals."
First Liberty Power will continue to use Pathways of
Progress announcements to inform and update all
interested parties of advancements in Company mining and financial
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.
First Liberty Power's corporate philosophy is founded on a
methodology of open and transparent procedures designed to drive
the company's exploration, development and mining operations, while
ensuring safety, environmental integrity, and good governance.
Included in that philosophy is Pathways of Progress (POP),
a platform used to inform shareholders, investors and mining
partners of FLPC news and advancements through open and transparent
communication. First Liberty is exploring and developing projects
focused on antimony, lithium brine and vanadium/uranium.
www.firstlibertypower.com
www.facebook.com/FirstLibertyPower
https://twitter.com/FirstLibertyOTC
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 (800) 709-1196
First Liberty Power Corp
ir@firstlibertypower.com
Thomas Dean (646) 396-9615
Murdock Capital Partners
tdean@murdockcapital.com