Las Vegas, NV, Dec. 10, 2013 (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, and the only active antimony producer in the United States, has finalized an agreement with Murdock Capital Partners Corp. to act as a corporate consultant, financial advisor and investor relations specialist. Murdock, a 24-year old firm based in New York, has extensive experience and expertise with companies in natural resource and energy-related industries.
First Liberty Power Corp. and Murdock have jointly initiated an evaluation of the Company's business plan, project financing needs, corporate organization, and capital structuring. This includes a comprehensive review of the company's operations, acquisition strategies, equity/debt structures, institutional awareness efforts, and other organizational enhancements that will be accretive to shareholder value. Murdock will assist First Liberty Power Corp. with many aspects of its financial communications strategies, including public and media relations, with a clear objective to broaden the institutional shareholder base through direct outreach, research coverage and investor meetings.
Since its inception, Murdock has raised over $500 Million in equity and project financing for various public and private entities in the energy and critical metals categories, has assisted in listing over a dozen companies on US Exchanges, including the ASE/NYSE, NASDAQ, and OTCQX, and has been involved in a number of substantive mergers and acquisitions.
Murdock's subsidiary, Innovative Research Associates (IRA), handles several aspects of investor relations of importance to First Liberty, including the publishing of industry overviews and specific company reports, media contacts, institutional and retail brokerage meetings, as well as conducts numerous conferences on specific natural resource opportunities, including strategic industrial minerals. Using an extensive, proprietary data base, IRA reaches targeted audiences with a focused emphasis on their client's specific operations.
"First Liberty Power Corp. is an exceptionally well-managed entity that is embarking upon an aggressive business plan to transform the company from an early revenue producing entity to a worldwide marketer of antimony and other strategic industrial minerals. Revenues are expected to grow substantially in the coming quarters and we are delighted to be a part of their team", stated Thomas Dean, President of Murdock Capital. "We are looking forward to working with Don Nicholson and the rest of the FLPC management team."
Don Nicholson, CEO of First Liberty Power Corp., stated, "After conducting an exhaustive and extensive search for the right firm to assist us, we feel that Murdock will add significant value to our development going forward and we are anticipating a long and fruitful relationship with them."
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. 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.
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.
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 firstname.lastname@example.org
Source:First Liberty Power Corporation