Reno, NV, May 27, 2014 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (FLPC: OTCQB), a
diversified exploration, development and mining company focused on
bringing to market strategic minerals for America's future,
will host a conference call open to all interested parties as part
of an investor relations initiative featuring a broad-based
shareholder outreach program.
In making the announcement, First Liberty Power
CEO Don Nicholson outlined the program details. "I have a
genuine concern that the company's past actions and plans going
forward have not been effectively communicated to our shareholders
and supporters," Nicholson said. "As a result, I have directed the
FLPC Management Team to undertake a series of actions to
effectively address the situation."
The initiative will commence with the
distribution of an open letter from CEO Nicholson to all
shareholders and investors, detailing the Company's evolution over
the last year. The letter will be posted on the Company website
(http://www.firstlibertypower.com/investors/may-21-2014-ceo-letter-shareholdersinvestors/).
That will be followed by a June 4th website
posting of a comprehensive operations report from newly appointed
COO, Jimmy Trikeriotis. The report will provide a clear and
detailed plan for establishing a company-owned mill and enhanced
mining operations at Fencemaker in 2014. The next step in the
program will be the filing of the FLPC third quarter 10Q report in
the third week of June.
To complete the initial phase of this outreach,
a press release will be issued following the Company's 10Q filing,
with information on an open-to-the-public conference call.
Calling instructions will be provided whereby any interested party
will be able to speak directly to CEO Nicholson with questions
and/or clarification requests in a moderated format. If
particular questions needs to be addressed in advance of the 10-Q
filing, such action will be taken via the Company website, or by
press release if required.
According to Mr. Nicholson, the purpose of the
outreach is twofold. "This is a concerted effort to return
the levels of transparency and openness that defined First Liberty
Power so fully in 2013," Nicholson said. "It is also the goal
of the entire management team to rebuild investor trust and
confidence in all aspects of Company operations and to further
restore faith in our plans going forward."
Additional elements of the ongoing investor
outreach include continuation of the monthly CEO Corner updates on
the FLPC website. Those posts will be supplemented by bi-weekly
operations website updates from COO Trikeriotis and department
managers, including geology, mining, milling, finance and HR.
There will also be an Annual General Shareholders Meeting, at a
November, 2014 date to be announced, to be timed with the filing of
our 10-K annual report. The meeting will be open to the
public, at our new offices in Reno, with shareholder attendance
encouraged.
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 a 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 focused on exploring and developing antimony and
other strategic metal projects and properties.
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: For more information contact:
Robert Reynolds (800)709-1196
ir@firstlibertypower.com
Thomas Dean (646)396-9615
Murdock Capital Partners
tdean@murdockcapital.com
