This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

First Liberty Power Current SEC Filings Completed

LAS VEGAS, March 25, 2013 /PRNewswire/ -- First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on bringing to market "Mined in America" strategic industrial minerals, announced today the filing of its 2 nd quarter financial statements with the Securities and Exchange Commission.

During this last quarter, First Liberty Power has made considerable progress on a number of fronts, as well as faced some challenges.  With a strong team in place, the rate of progress has improved, and more capabilities are in place to deal with obstacles.  Of particular importance was Mr. Mario Beckles joining our team as CFO/Treasurer, and Mr. Robert Reynolds extending his role to become our VP Operations - both of whom have greatly added to our depth of expertise and capacity to manage the various projects we have underway.

The company also established its Pathways of Progress program, which has made a significant difference in the extent of corporate development and quality of communication.  This program provides a structure for the organization to follow best corporate practices, including transparent and regular communication, while working to have each property project move towards production as rapidly as possible.  CEO, Don Nicholson, stated, "We are concentrating on our Fencemaker antimony property during the next three months as it is our objective to bring the Fencemaker property into initial production as soon as possible.  Equally important though during this period will be to continue with the next stages on the lithium and vanadium/uranium properties in order to make important progress towards their plan of operations."

The company is continuing to pursue several avenues to obtain additional short term and medium term financing, and expect to have announcements on progress in that area within the next couple of weeks.  The company also acknowledges some of the challenges faced with certain of our prior financings, and the dilutive effect on the capitalization structure.  While the company remains appreciative for all of the investor support we have received in the past as well as the ongoing support, we also acknowledge that our future larger financings must have a structure which is sustainable and beneficial over the long run.  First Liberty Power will continue to make every effort in this regard, and will continue to communicate progress and plans.

1 of 3

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,976.31 +263.65 1.49%
S&P 500 2,086.24 +25.22 1.22%
NASDAQ 4,947.4410 +56.2220 1.15%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs