Las Vegas, NV, June 20, 2013 (GLOBE NEWSWIRE) -- First Liberty Power Corp. (OTCQB: FLPC), aninnovative and diversified mine exploration and development companyfocused on "Mined in America" strategic industrial minerals, todayannounced that their 3 rd quarter 10Q financialstatements have been filed with the SEC. First Liberty CFO, Mario Beckles, noted thesignificance of the recent filing. "I'm pleased to say thatthe 3 rd quarter was a positive one overall for FLPC,with significant progress made towards the launch of our firstmining and processing operation at Fencemaker. We alsoremained focused on our objective to continue to improve theoverall condition of our balance sheet, by reducing or eliminatingseveral of our larger convertible notes, and by bringing on a newand more balanced financing structure to assist our entering intoproduction. Equally important in this current filing,we maintained our commitment to our shareholders and investors toprovide detailed and transparent financial reporting, above andbeyond mandated requirements." First Liberty Power continues to execute theforecasted timelines in bringing Fencemaker into production. With that underway, the company is now directing its focustoward financing and constructing the nearby milling site, as wellas outlining strategic actions required to advance its additionalprojects in Nevada and Utah. The management team iscontinuing to identify additional investors and operate openly withthe investment community to improve the company's financialoutlook. According to Beckles, the company's advancementis continuing according to plans. "July 31 st willmark the end of our 2012/13 fiscal year," Beckles said, "and itwill be a significant moment in First Liberty Power's history asthis past year we have clearly demonstrated our company's abilityto accomplish measurable operational actions on all levels. Further, we are focused on continuing to set new targets, both indevelopment and finance, which will improve FLPC's bottom line insuccessive years." First Liberty Power will continue to use Pathways of Progress announcements toinform and update shareholders and investors of advancements inmining and financial operations. ABOUT FIRST LIBERTY POWER CORPORATION(OTCQB: FLPC): First Liberty Power Corporation is aninnovative and diversified mine exploration and development companyfocused on bringing to market "Mined in America" strategicindustrial minerals. The FLPC corporate philosophy is drivenby a dedication to Pathways of Progress (POP). It is aprogram of best corporate practices designed to rapidly drive thecompany towards mine production/milling, benefitting FLPCshareholders, investors and mining partners and ensuring safety,environmental integrity, and good governance. Presently, FLPChas interests in four properties: the Fencemaker antimony projectin Nevada, the Lida Valley and Smoky Valley lithium brine projectsin Nevada, and the San Juan vanadium/uranium project inUtah. firstlibertypower.com facebook.com/FirstLibertyPower. Notice Regarding Forward-LookingStatements This current report contains"forward-looking statements," as that term is defined in Section27A of the United States Securities Act of 1933 and Section 21E ofthe Securities Exchange Act of 1934. Statements in this pressrelease which are not purely historical are forward-lookingstatements and include any statements regarding beliefs, plans,expectations or intentions regarding the future plans of thecompany, the prospects for our mineral properties, and our abilityto raise necessary working capital. Actual results could differ from thoseprojected in any forward-looking statements due to numerousfactors, including the inherent uncertainties associated withmineral exploration and difficulties associated with obtainingfinancing on acceptable terms. We are not in control of metalsprices and these could vary to make development uneconomic. Theseforward-looking statements are made as of the date of this newsrelease, and we assume no obligation to update the forward-lookingstatements, or to update the reasons why actual results coulddiffer from those projected in the forward-looking statements.Although we believe that the beliefs, plans, expectations andintentions contained in this press release are reasonable, therecan be no assurance that they will prove to be accurate. Investorsshould consult all of the information set forth herein and shouldalso refer to the risk factors disclosure outlined in our mostrecent annual report for our last fiscal year, our quarterlyreports, and other periodic reports filed from time-to-time withthe SEC.
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