Category Archives: Liberty

TORONTO, ONTARIO--(Marketwire - Oct 16, 2012) - Liberty Silver Corp. (LSL.TO)(LBSV) ("Liberty Silver" or the "Company") is pleased to announce that it has completed its transaction with Primus Resources, L.C. and a second property owner (collectively, "Primus") to acquire approximately 100 acres located adjacent to the former Trinity Mine on the Company''s Trinity property in Nevada (the "Hi Ho Property"). The Hi Ho Property was the only acreage not controlled by Liberty Silver or its joint venture partner Renaissance Gold Inc. ("Renaissance") on the Trinity land package.

"We are extremely pleased to have completed the transaction with Primus and appreciate their continued confidence," stated Geoff Browne, Chairman and CEO of Liberty.

The Hi Ho Property completes the land package controlled by Liberty Silver and Renaissance. The joint venture comprises over 10,500 acres of contiguous land in a historic Nevada mining district, which includes the Trinity Mine and several other exploration targets. US Borax operated the Trinity Mine from 1988 to 1989, where it produced over 5 million ounces of silver. Operations at the mine were suspended when silver prices declined to less than $5/oz in the late 1980''s. Based upon the drilling results available to the Company from the US Borax drill programs on the Hi Ho Property, it is expected that the inclusion of the Hi Ho Property has the potential to substantially increase the estimated silver resource in the Trinity Mine pit area (please see the Company''s December 2011 NI 43 101 resource estimate).The Company is also currently evaluating the internal data in conjunction with its recent drilling and geophysical data to determine future drilling targets. The data will be used to update the Company''s current NI 43-101 report and will be utilized as part of the previously announced scoping study, which is being completed in connection with the Company''s proposal to put the Trinity Mine back into production.

Richard Bedell, President and CEO of Renaissance comments, "The addition of the Hi Ho Property completes the Trinity land package and significantly increases the size of the potential resource given its close proximity to the existing pit and the historic drilling and assay data that Liberty has analyzed. We are extremely pleased with the progress that Liberty has made on the exploration and development of Trinity. Their approach has been professional, and we are very comfortable with their entire team and the assessment of the property''s potential. Trinity is one of the marquee properties in our portfolio and we remain very confident in Liberty''s ability to advance the project.We are fully supportive of Liberty Silver''s management and its technical team."

In closing the Hi Ho Property transaction, Liberty Silver paid cash consideration of US$250,000 plus transaction expenses, issued 2,583,333 Liberty Silver common shares (the "Liberty Silver Shares") to Primus at a deemed value of US$1,860,000 (US$0.72 per share), and also granted Primus a 2% net smelter royalty on future production from the Hi Ho Property. In addition, pursuant to a registration rights agreement between Liberty Silver and Primus, Liberty Silver will pay Primus additional consideration as follows:

"We have closely monitored the progress that Liberty Silver has made since they began operations at Trinity last year," stated Jim Marin of Primus. "They have a strong on the ground team, excellent board and management, supported by first class engineering and permitting consultants. We are very excited to be part of the project and look forward to their future success."

"Liberty Silver is very pleased to have the vendors as significant shareholders and appreciate their recognition of the future potential of the combined properties," added Mr. Browne.

The total consideration for the acquisition of the Hi Ho Property is being applied to Liberty Silver''s expenditure commitment under its earn-in agreement with Renaissance, pursuant to the applicable area of interest provisions. With the addition of the Hi Ho Property payment, Liberty Silver has contributed in excess of 85% of its required US$5,000,000 expenditure commitment to earn a 70% interest in the Trinity project. Pursuant to the terms of its earn-in agreement with Renaissance, Liberty Silver has until March 29, 2016 to incur the balance of its expenditure commitment and, in addition, produce a bankable feasibility study the following year.

"We continue to achieve each milestone set forth by our team," concluded Mr. Browne. "This acquisition not only has the potential to increase our current resource and the potential economics to bring the Trinity Mine back into production, but also moves us very close to meeting our earn-in requirements. Although the past week has been challenging for the Company, the board and management of Liberty Silver remain fully committed to its future. Importantly and as previously stated, investors are reminded that they should only rely on official statements and releases issued by the Company for information regarding its activities."

About Liberty Silver Corp.

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Liberty Silver Closes Acquisition of Hi Ho Property to Expand Trinity Land Package

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Media Corporation (Nasdaq: LMCA, LMCB) will release its third quarter earnings on Tuesday, November 6th, at 11:45 a.m. (ET). Greg Maffei, Liberty Medias President and CEO, will host the call. During the call, Mr. Maffeiwill discuss the company's financial performance.

Please call Premiere Conferencing at (888) 602-6363 or (719) 325-2475 at least 10 minutes prior to the call. Callers will need to be on a touch-tone telephone to ask questions. The conference administrator will provide instructions on how to use the polling feature.

Replays of the conference call can be accessed through 1:45 p.m. (ET) on November 13th, by dialing (888) 203-1112 or (719) 457-0820 plus the passcode 5834108#.

In addition, the third quarter earnings conference call will be broadcast live via the Internet. All interested participants should visit the Liberty Media Corporation website at http://www.libertymedia.com/events to register for the webcast. Links to the press release and replays of the call will also be available on the Liberty Media website. The conference call and related materials will be archived on the website for one year.

About Liberty Media Corporation

Liberty Media (Nasdaq: LMCA, LMCB) owns interests in a broad range of media, communications and entertainment businesses, including its subsidiaries Atlanta National League Baseball Club, Inc. and TruePosition, Inc., its interests in Starz, LLC, SiriusXM, Live Nation Entertainment and Barnes & Noble, and minority equity investments in Time Warner Inc. and Viacom.

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Liberty Media Corporation Announces Third Quarter Earnings Release and Conference Call

ENGLEWOOD, Colo.--(BUSINESS WIRE)--

Liberty Interactive Corporation (Nasdaq: LINTA, LINTB, LVNTA, LVNTB) will release its third quarter earnings on Tuesday, November 6th at 11:00 a.m. (ET). Greg Maffei, Liberty Interactives President and CEO, will host the call. During the call, Mr. Maffeiwill discuss the company's financial performance.

Please call Premiere Conferencing at (888) 455-2265 or (719) 457-2703 at least 10 minutes prior to the call. Callers will need to be on a touch-tone telephone to ask questions. The conference administrator will provide instructions on how to use the polling feature.

Replays of the conference call can be accessed through 1:00 p.m. (ET) on November 13th, by dialing (888) 203-1112 or (719) 457-0820 plus the passcode 7834540#.

In addition, the third quarter earnings conference call will be broadcast live via the Internet. All interested participants should visit the Liberty Interactive Corporation website at http://www.libertyinteractive.com/events to register for the web cast. Links to the press release and replays of the call will also be available on the Liberty Interactive website. The conference call and related materials will be archived on the website for one year.

About Liberty Interactive Corporation

Liberty Interactive Corporation operates and owns interests in a broad range of digital commerce businesses. Those interests are currently attributed to two tracking stock groups: Liberty Interactive Group and Liberty Ventures Group. The Liberty Interactive Group (Nasdaq: LINTA, LINTB) is primarily focused on digital commerce and consists of Liberty Interactive Corporations subsidiaries Backcountry.com, Bodybuilding.com, Celebrate Interactive (including Evite and Liberty Advertising), CommerceHub, MotoSport, Provide Commerce, QVC, Right Start, and Liberty Interactive Corporations interests in HSN and Lockerz. The Liberty Ventures Group (Nasdaq: LVNTA, LVNTB) consists of Liberty Interactive Corporations non-consolidated assets, including interests in AOL, Expedia, Interval Leisure Group, Time Warner, Time Warner Cable, Tree.com (Lending Tree), TripAdvisor and various green energy investments.

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Liberty Interactive Corporation Announces Third Quarter Earnings Release and Conference Call

Two Liberty University Center for Music and Worship students will have their talents featured on the soundtrack for the upcoming film "Finding Faith." Senior Katelyn Scott's song, "Safe in Your Arms," was selected by the film's producers as the winner of a special contest they held for Liberty's songwriting specialization students. Senior Stephanie Bettcher, who starred as the film's title character, Faith Garrett, will be singing the song.

Lynchburg, Va. (PRWEB) October 14, 2012

Senior Katelyn Scotts song, Safe in Your Arms, was selected by the films producers as the winner of a contest for Libertys songwriting specialization students. Senior Stephanie Bettcher, who starred as the films title character, Faith Garrett, will be singing the song.

Finding Faith is being filmed in Central Virginia, with Lynchburg as its hub. It aims to educate families on the importance of Internet safety through a powerful drama based on the real-life story of a girl who was abducted after falling prey to a skillful online predator. It is inspired by the experiences of Bedford County Sheriff Mike Brown, who headed one of the nations first Internet Crimes Against Children task forces.

The film is presented by the Safe Surfin Foundation, and stars Erik Estrada, a Hollywood legend and activist best known for his role on the 1970s and 80s television series CHiPS.

Liberty and Thomas Road Baptist Church have been at the heart of this project since the beginning, offering support and personnel for every stage of production.

Dean Haskins, Finding Faith co-executive producer, music director, and composer, said the production team decided to hold the contest because of the deep talent pool Libertys worship center had within its songwriting specialization.

Songs that are used in conjunction with the movie need to fit the feel, the message of either of the entire movie or a specific scene, Haskins said. When we zeroed in on Katelyn Scotts song, Safe in Your Arms, we all realized right away, this message, this song, truly fits the heart of this movie.

Scott said she began writing the song to encourage a friend who was going through a difficult time before she knew about the contest. As the song developed, she heard about the opportunity and instantly knew it would work for the part.

I just took that song and kept going with it, and prayed through it, she said.

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Liberty University Worship Students Write, Perform Song for Movie Soundtrack

CLINTON The Presbyterian College football team fell in its Homecoming matchup against Liberty at Bailey Memorial Stadium on Saturday, 56-7.

Liberty (2-4, 2-0 Big South) gained 692 yards against PC (2-5, 0-2 Big South), who did not commit a fumble or interception on the day.

The Blue Hose head to Charleston Southern next for a 1:30 kickoff on Saturday. Liberty returns home to host Concord on Saturday at 3:30 p.m.

Kaleb Griffin (Florence, S.C.) made his first career start at quarterback and delivered a solid performance, connecting on 28 of 38 attempts for 194 yards and a touchdown.

Lance Byrd (Jacksonville, Fla.) led PC on the ground with seven rushes for 33 yards while 10 different Blue Hose caught at least one pass. Michael Ruff (Whitmire, S.C.) led the receiving corps with 60 yards and a touchdown. Anderico Bailey (Mauldin, S.C.) grabbed a career-high nine catches for 38 yards.

Defensively, Isaiah Lynn (Fort Lawn, S.C.) made seven stops to lead PC. Cedric Byrd (Tyrone, Ga.) forced a fumble in the red zone that Rickey Floyd (Jacksonville, Fla.) recovered to stop a Liberty drive in the second quarter.

Libertys Josh Woodrum went 15-for-21 through the air for 232 yards and a touchdown. Aldreakis Allen ran for 183 yards and four scores while Sirchauncey Holloway gained 128 rushing yards and a touchdown.

Liberty struck three times in the first quarter to take a 21-0 lead into the first break. Sirchauncey Holloway finished a four-play, 65 yard drive with a three-yard touchdown run on Libertys first drive before Aldreakis Allen ran one in from 59 yards out on the teams next series.

The Flames capped their first-quarter scoring on an eight-play, 81-yard drive that ended with a Justin Gunn two-yard touchdown reception with 4:01 remaining.

Nicky Fualaau found the end zone next for Liberty late in the second quarter. The fullback punched in a one-yard run to give the Flames a 28-0 advantage.

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Liberty roars past Presbyterian 56-7

Margins matter. The more Liberty Global (Nasdaq: LBTY.A) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That's why we check up on margins at least once a quarter in this series. I'm looking for the absolute numbers, so I can compare them to current and potential competitors, and any trend that may tell me how strong Liberty Global's competitive position could be.

Here's the current margin snapshot for Liberty Global over the trailing 12 months: Gross margin is 64.6%, while operating margin is 19.7% and net margin is -0.9%.

Unfortunately, a look at the most recent numbers doesn't tell us much about where Liberty Global has been, or where it's going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can't make up for this problem by cutting costs -- and most companies can't -- then both the business and its shares face a decidedly bleak outlook.

Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company's profitability. That's why I like to look at five fiscal years' worth of margins, along with the results for the trailing 12 months, the last fiscal year, and last fiscal quarter (LFQ). You can't always reach a hard conclusion about your company's health, but you can better understand what to expect, and what to watch.

Here's the margin picture for Liberty Global over the past few years.

Source: S&P Capital IQ. Dollar amounts in millions. FY = fiscal year. TTM = trailing 12 months.

Because of seasonality in some businesses, the numbers for the last period on the right -- the TTM figures -- aren't always comparable to the FY results preceding them. To compare quarterly margins to their prior-year levels, consult this chart.

Source: S&P Capital IQ. Dollar amounts in millions. FQ = fiscal quarter.

Here's how the stats break down:

With recent TTM operating margins exceeding historical averages, but net margins still negative, Liberty Global still has some work to do.

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Does Liberty Global Miss theGrade?

Crowning glory ... the Statue of Liberty reopens to public later this month.

Public access to New York's attractions is increasing, with the city's iconic statue leading the way, writes Lance Richardson.

For many travellers, myriad events during the past decade can be reduced to a single fact: the US is increasingly closed. This is clear every time a person goes through the gauntlet of airport security, X-rayed by spreading their arms and legs in a star-jump manoeuvre. It's clear at the White House in Washington, DC: officials suggest visitors contact the Australian embassy to arrange a tour; the Australian embassy informs visitors that tours are currently "on hold".

An increase in public access is therefore an event. In September, the Museum of Modern Art, New York, announced its intention to stay open seven days a week from next May. The Metropolitan Museum is said to be considering a similar move. Downtown and across the bay, an even more iconic monument is opening its doors wider as well: the statue on Liberty Island.

Liberty Enlightening the World was designed by French sculptor Frederic Bartholdi, with iron framework by Gustave Eiffel, and presented to the US as a gift from France.

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Initial reception was mixed. Living through a depression at the time, the US was required to pay for the pedestal; The New York Times complained "no true patriot can countenance any such expenditures for bronze females in the present state of our finances".

The public made it work through donations, though, and on October 28, 1886, Liberty was dedicated during an elaborate ceremony.

Coated in copper and standing 93 metres tall, its features are widely celebrated: the golden torch, originally a functioning lighthouse; the tablet bearing the date of American independence (July 4, 1776); the broken shackles at the statue's feet. After a few years, the exterior began to oxidise, turning green and sending Congress into a panic. New Yorkers thought Liberty looked better this way. The statue symbolises openness.

"Give me your tired, your poor, your huddled masses yearning to breathe free," begins Emma Lazarus's famous poem, mounted on a plaque inside the pedestal. This is what made the closure, after the events of September 11, 2001, so significant. Because of safety concerns, visitor access was restricted to the island's exterior for eight years.

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Liberty shows her new face

TORONTO, ONTARIO--(Marketwire - Oct 12, 2012) - Liberty Silver Corp. (LSL.TO)(LBSV) ("Liberty Silver" or the "Company") confirms that a cease trade order was made by the Ontario Securities Commission today providing that trading in the securities of Liberty Silver Corp. (excepting issuances from treasury) shall cease until 11:59 pm EST on October 18, 2012 (the "OSC Order").The OSC Order is effective for the same time frame as the Order of Suspension of Trading (the "SEC Order") imposed by the US Securities Exchange Commission ("SEC") on Friday, October 5, 2012 which provides that the Company''s shares will remain halted on the OTCBB until 11:59 pm EST, on October 18, 2012.

As earlier announced, the Company has been in contact with regulatory authorities in both Canada and the US, and is currently working diligently to resolve the matter. The Company understands that the OSC Order has been made to provide a reciprocal measure to the SEC Order.

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 all regulators 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.

About Liberty Silver

Liberty Silver Corp. is focused on exploring and developing mineral properties in North America. The company is committed to creating value for its shareholders by advancing its projects using its mitigated risk approach to production, developing new resources on its existing properties, and acquiring new properties with potential to expand their resource base. The Trinity Silver property in Pershing County, Nevada is the company''s flagship project. Liberty Silver has the right to earn a joint venture interest in the 10,576 acre Trinity property from Renaissance Gold Inc. For more information, go to http://www.libertysilvercorp.com.

Cautionary Statements

This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management''s expectations. Forward-looking statements include estimates and statements that describe the Company''s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will", or "plan". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company''s mineral properties, and the Company''s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of the Company''s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company''s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

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Liberty Silver Comments on OSC Cease Trade Order

October 11, 2012

Speaking to investors yesterday, Liberty Media CEO Greg Maffei said the company's takeover of SiriusXM could take up to 18 months to complete. Multichannel News reports that Maffei said any future transactions with the satcaster would depend on Liberty's ability to monetize high cost shares, but that could take up to a year and half to fully complete.

Liberty Media currently controls approximately 49.6 percent to SiriusXM stock and has made its intentions clear that it wants complete control over the satcaster. Liberty is expected touse a Wall Street maneuver known asReverse Morris Trust to acquire, then spin, off SiriusXM.

"We would want to get our capital out before we do a Reverse Morris Trust," Maffei said on Wednesday, adding that it is not the only possible option for Liberty Media. "If it takes 18 months, that would be sort of a minimum."

Yesterday, SiriusXM reported net subscriber additions were 445,921 in thethirdquarter of2012. SiriusXM ended Q3 on September 30with a record 23,365,383 subscribers.Additionally, the company announced that it is raising its net subscriber additions guidance to 1.8 million for 2012 from its previous guidance of 1.6 million.

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Liberty's Maffei: SiriusXM Takeover Could Take 18 Months

One investor sees no going back for Liberty Global, even as shares extend a four-year rally.

optionMONSTER's tracking programs detected the sale of 2,000 November 60 puts for $1.45 against open interest of 1,267 contracts. The trade accounted for almost all the option activity in the cable-television company, which generates more than 90 percent of its revenue in Europe.

The investor is now obligated to buy shares if they close below the strike price on expiration, but including the credit earned their entry price would be $58.55. Above $60, the contracts will expire worthless and they'll keep the $1.45 credit.

LBTYA rose 0.02 percent to $60.28 yesterday. The stock is up 47 percent so far this year and has appreciated more than 500 percent since the broader market bottomed out in March 2009.

Selling puts is a common strategy when traders like a stock but don't want to spend capital to get long. It allows them to set an entry price below current levels and get an opportunity to make some money even if the pullback doesn't occur. The main risk is that shares fall more than expected. (See our Education section)

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How one bull is playing Liberty Global