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First Liberty Power Update On Special Shareholder Meeting And Mine Preparation Progress

Stocks in this article: FLPC

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 15 th 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.

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