Liberty Star Uranium & Metals Corp. (“Liberty
Star” or the “Company”)(OTCQB:
LBSR) is pleased to announce a final settlement agreement and release of
all claims has been signed by Liberty Star Uranium & Metals Corp. and
Northern Dynasty Minerals Ltd. (“Northern
Dynasty”) (NYSE: NAK), including its subsidiary/affiliate U-5
Resources Inc.
According to the signed agreement, all of the terms of the Loan and
Mining Claims Sale Agreement dated June 29, 2010 (amended on July 15,
2010, September 8, 2011, November 2011, November 13, 2012 and November
20, 2012) have been satisfied; Northern Dynasty releases the Company
from all claims. Accordingly, the final settlement agreement and release
of all claims confirms that all obligations addressed in the November
13, 2012 loan settlement agreement, as amended on November 20, 2012, are
extinguished.
“James A. Briscoe” James
A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty
Star Uranium & Metals Corp.
Copyright Business Wire 2014