Las Vegas, NV, Aug. 13, 2013 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on "Mined in America" strategic industrial minerals, today provided an update on their upcoming special shareholder's meeting and progress made on the Fencemaker mine operations preparations.
First Liberty Power Chairman Bob Reynolds noted a change in the structure and timing of this important meeting. "The definitive date of the special shareholder meeting is pending final regulatory approval of the company's proxy materials, which we are anticipating to occur shortly," Reynolds said. "In order to remain compliant with all state and regulatory requirements, an adjustment to the previously planned date of August 15 is required. However, in consideration of the stockholders already planning to be at the 2:00pm August 15th meeting, we will proceed with having a meeting as scheduled, to provide a corporate update and respond to any questions from those attending or who submit questions in advance. All information conveyed in this meeting will be posted to our corporate website following the meeting. The moment we have final approval on our proxy materials, a definitive date for the special meeting will be announced."
"At First Liberty Power, we strive to communicate with our shareholders in open and transparent fashion," Reynolds said. "So, on behalf of the First Liberty Board and management team, we would like to apologize to our shareholders for any inconvenience this delay may have caused them. We look forward to meeting with them on August 15 at our corporate headquarters (7251 West Lake Mead Blvd., Suite 300, Las Vegas, Nevada)."
In concluding his remarks, Reynolds offered an update on the FLPC Fencemaker mine, noting that work continues to move visibly forward. The water has been removed from the mine and we are now working on the mine water management plan with the Nevada Department of Environmental Protection. The surrounding development of the mine area footprint and implementation of component facilities are being finalized. Surface and Underground ground support have been prepared and secured for mining, all according to the highest standards of safety regulations.
FLPC will continue to use Pathways of Progress announcements to inform and update shareholders and stakeholders of advancements in mining and financial operations.
ABOUT FIRST LIBERTY POWER CORPORATION (OTCQB: FLPC): First Liberty Power Corporation is an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals. 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.
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 firstname.lastname@example.org
Source:First Liberty Power Corporation