×

BRIEF-Liberty Silver comments on SEC order of suspension

Oct 10 (Reuters) - Liberty Silver Corp :

* Comments on SEC order of suspension

* Says has been in contact with regulatory authorities in both Canada and the

US

* Says "currently working diligently to resolve the matter"

* Source text:

Liberty Silver Corp. (TSX:LSL)(OTCBB:LBSV) ("Liberty Silver" or the "Company") today is providing further commentary on the Order of Suspension of Trading (the "Order") imposed by the US Securities Exchange Commission ("SEC") on Friday, October 5, 2012. The Company has been in contact with regulatory authorities in both Canada and the US, and is currently working diligently to resolve the matter. Pursuant to the Order the Company's shares will remain halted on the OTCBB until 11:59 pm EDT, on October 18th, 2012. The Company believes that it is in compliance with all applicable disclosure and regulatory requirements, and is firmly committed to being fully compliant and transparent in the Company's governance. The Company will work closely and cooperatively with the SEC to resolve this matter as soon as possible for the benefit of our shareholders. As additional information becomes available, the Company will use its best efforts to communicate that information to our shareholders.

* Further company coverage

((Bangalore Newsroom; +1 646 223 8780))