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Category Archives: Liberty

First Liberty Power Corp. Property and Strategic Focus Update

Posted: August 21, 2012 at 6:12 pm

LAS VEGAS, Aug. 21, 2012 /PRNewswire/ --First Liberty Power Corp. (FLPC) (the "Company") is pleased to announce an update on the Company's properties, and also our expanded plan for the exploration, development, mining and refining of strategic industrial metals in the USA.

Currently, we have a 95% option interest in two lithium brine properties; these properties are in a stage of development ranging from intermediate to advanced exploration with an ultimate goal to extract and refine Lithium brine. This type of deposit is globally recognized as the most economic and productive means of producing lithium. Lithium and its compounds have several fundamental commercial applications, including heat-resistant glass and ceramics, greases, high strength-to-weight alloys, pharmaceuticals, thermoplastic, air treatment, and, most importantly for growth, lithium ion batteries.

Our first property, Lida Valley with 58 Placer Claims / 9,280 acres, has completed three exploration stages to date. We have identified a deep-seated basin structure with high potential lithium enrichment, together with conductive zones which are an indicator of lithium-bearing brines. Our latest acquisition, Smoky Valley with 70 Placer Claims / 11,200 acres, has two exploration stages complete, with basin structure already demonstrated, and geo-magnetics planned through 2012. Both properties are in close proximity to the only US based producing lithium operation - Chemetall Foote which has been producing for over 40 years at a rate of approximately 5,000 LCE tonnes per year. Once the exploration stages on the properties are successfully completed and the properties are proven for production, both operations will be consolidated and the drill program to prove lithium brine presence will begin. First Liberty will work to implement a production plan immediately thereafter.

First Liberty has begun to expand its scope beyond lithium into other minerals of critical strategic importance. As part of our expanded strategic focus, one of First Liberty's core objectives is to ensure a strong US domestic supply of mineral elements that are critical to current and emerging technologies. It is widely recognized that the United States must work to increase the domestic supply of several critical elements to ensure security, particularly in alternative energy. These elements include Vanadium, Uranium, Antimony, Graphite, Tin, Lead, and certain Rare Earth and Platinum Metal Group elements. With this in mind, we are seeking to complement our current mid and long-term exploration programs with near term production opportunities to meet this high demand.

CEO Don Nicholson emphasized in a statement, "As the Company moves into a high growth phase, I would like to stress the importance of our two Lithium brine properties for our mid-term production plans, and we are pleased that they are advancing successfully through the resource verification stages. Furthermore, we are working diligently on investigating and evaluating properties that contain the critical elements we see as being extremely important for our further growth. The leadership of this Company has targeted 2012 as a priority period to acquire near and mid-term production properties that have a benchmark of delivering high-percentage returns to our investors and shareholders."

About UsFirst Liberty is a Nevada based mineral exploration company with a focus on the exploration, development, mining and refining of strategic industrial metals in the USA. With a primary focus on lithium exploration, it is our vision to also significantly contribute towards ensuring a domestic supply of those mineral elements that are critical to current and emerging technologies. We will continue assembling a portfolio of properties and interests in several key areas, ranging in developmental to advanced stage exploration to production ready.

ContactFirst Liberty Power Corp. http://www.firstlibertypower.com ir@firstlibertypower.com Investor Relations Telephone: (800) 709-1196

Notice Regarding Forward-Looking StatementsThis 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, including but not limited to, the final outcome Lida Valley and Smokey Valley exploration / work programs, the specific nature and extent of the next phase of our exploration program, our ability to raise the necessary capital to complete our exploration program, and any mineralization, exploration and development of our mineral properties, specifically in regards to Lithium.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, 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 such beliefs, plans, expectations or intentions 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 Securities and Exchange Commission.

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First Liberty Power Corp. Property and Strategic Focus Update

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Liberty Gold Corp. Announces Visible Gold Sample Results For Arizona-Based Domestic Portfolio

Posted: at 6:12 pm

PHOENIX, Aug. 21, 2102 /PRNewswire/ -- Liberty Gold Corp. (OTCBB: LBGO; "Liberty Gold" and/or "the Company") is pleased to announce positive results following initial sampling and processing for visible gold on the Company's Domestic Portfolio. The Company has a 100% interest in the 794-acre Domestic Portfolio mining operations claim block, situated in the Cerbat Mountain range, roughly 75 miles southeast of Las Vegas and 15 miles northwest of Kingman in northwestern Arizona's Wallapai Mining District.

Initial samples were collected from 5 different locations within the Domestic Portfolio holdings to determine whether, once processed, visible gold was present at 3 different screen sizes: 100 minus, 50 minus and 25 minus. Samples from each of the 5 different locations resulted in the detection of visible metallics while 1 of the locations resulted in the detection of visible metallics and gold, as outlined in the table below.

Photos of the visible gold and metallics can be viewed on Liberty Gold's website at http://www.libertygoldcorp.com/gallery/visible-gold

LOCATION

100 minus

50 minus

25 minus

Fountainhead

Visible metallics with silver-like being abundant

Same as 100- but less material

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Liberty Gold Corp. Announces Visible Gold Sample Results For Arizona-Based Domestic Portfolio

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Liberty Mutual receives Chinese regulatory OK to establish a branch in Shandong Province

Posted: August 20, 2012 at 9:12 pm

By Chris Reidy, Globe Staff

Liberty Mutual Insurance Group of Boston said it has been granted approval to establish a branch in Shandong Province by the China Insurance Regulatory Commission.

In a press release, Liberty said it received the commissions approval on Aug. 6 to prepare for a provincial branch in Jinan, the capital of Shandong Province, which is the fourth largest property and casualty insurance market in China.

Upon final commission approval, Liberty will be the second foreign property and casualty insurer in the province, and will offer personal lines products for Shandongs 96 million people as well as a wide range of commercial lines products for small-to-medium enterprises.

Liberty Mutual has had a presence in China since 1996. Liberty Mutual currently has operations in Chongqing in the west, Beijing in the north, Zhejiang Province in the east, and Guangdong Province in the south of the country.

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Liberty Mutual receives Chinese regulatory OK to establish a branch in Shandong Province

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Liberty Gold (OTCBB: LBGO) Increases Its Property in Alaska

Posted: at 9:12 pm

NEW YORK, NY--(Marketwire -08/20/12)- Liberty Gold, Corp. (LBGO) has announced that they have increased their McCord Creek Alaska property to 33 claims up from 14.

The McCord Creek project is comprised of State mining claims located 70 miles northwest of Fairbanks in the Tintina Gold Belt, which has produced nearly 30 million ounces of gold to date and has experienced accelerated gold exploration, development, and mining activity over the years.

The Tintina Gold Belt stretches across Alaska into the Yukon Territory of Canada. This region is home to significant gold deposits and mines, including the Donlin Creek deposit at 32 million ounces of gold, the Fort Knox mine with over 5.5 million ounces of gold produced and the Pogo mine that began producing gold in 2006. Other mining outfits currently in Alaska include AngloGold (AU), Kinross Gold Corp (KGC) and NovaGold Resources (NG).

This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Information, opinions and analysis contained herein are based on sources deemed to be reliable and are subject to change without notice. A third party has hired and paid OTC Report one thousand two hundred and ninety five dollars for the publication and circulation of this news release. Accordingly, certain information included herein may be forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. However, no representation, expressed or implied, is made as to the accuracy, completeness or correctness. In light of the above, we accept no liability for any losses arising from an investor's reliance on or use of this report. We do not and have not had any ownership interest in said third party of any kind.

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Liberty Gold (OTCBB: LBGO) Increases Its Property in Alaska

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Rupert Sanders' Wife Liberty Ross Hints at Freedom in New Blog Post

Posted: at 9:12 pm

A picture is worth a thousand words.

And in the case of Liberty Ross' online blog for Vogue UK, her recent photo post with no text can be interpreted with several meanings.

Titled "Liberty," Ross, whose husband Rupert Sanders, 41, was caught having an affair with Kristen Stewart, 22 (Us Weekly broke the news of the cheating scandal last month), posted her first entry in over a month and a half on Monday, with just a picture of an eagle with its wings spread, soaring through the air

PHOTOS: All the pics from Kristen and Rupert's shocking July 17 fling

New York's The Cut speculates that the post "is meant to be a statement of freedom and independence." Meanwhile, Ross' commenters are leaving words of encouragement for the mom of two with remarks like, "Soar high, darling," "Free as a bird? Good luck to you Liberty" and "Just like the eagle, you're beautiful and strong and will get through anything life throws at you."

This isn't the first act of cryptic messaging Ross, 33, has sent out. Just hours after Us' cover story broke on July 24, she tweeted, "Wow," from her Twitter before deleting her account.

On August 5, three weeks after the Snow White and the Huntsman director and actress' steamy California makeout session was captured by photographers, Ross stepped out in L.A. with their children, daughter Skyla, 7, and son Tennyson, 5 -- without her wedding band.

PHOTOS: Kristen and Rupert's road to infidelity

How is Ross, who played mother to a younger version of Stewart's Snow White character in SWATH, doing in the wake of her spouse's shocking fling with the Twilight Saga actress? "Liberty is very upset but hasn't made any decisions," a source told Us of her 15-year relationship with Sanders. "It's too early to tell what will happen with them."

PHOTOS: Women who've been cheated on

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Rupert Sanders' Wife Liberty Ross Hints at Freedom in New Blog Post

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Sennen Restates Reasons for Rejection of Liberty's Hostile Offer

Posted: at 9:12 pm

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 20, 2012) - Sennen Resources Ltd. (SN.V) ("Sennen" or "the Company") restates its reasons for recommending REJECTION of the Offer by Liberty Silver Corp. ("Liberty").

Do not tender your Sennen Shares to the Liberty Offer. Sennen Shareholders are reminded that the Board of Directors have recommended REJECTION of the Liberty Offer for the reasons set out in the Director's Circular dated July 30, 2012. There is no need for Sennen Shareholders to do anything to REJECT the Liberty Offer. Please refer to the Director's Circular, which is available on SEDAR, for more detailed reasons for REJECTION, and steps to take if you have already tendered your Sennen Shares.

Various Letters and News Releases issued by Liberty's management are replete with irrelevant statements and innumerable errors that demonstrate a lack of understanding of the industry in which they purport to operate.

In order to clarify matters Sennen restates the following:

Stated Ian Rozier, President and CEO of Sennen, "Liberty's Offer is an insult to the intelligence of Sennen Shareholders who understand that this is a clear case of the management and promoters of an OTC shell company with very little money and questionable assets trying to back their ludicrously overvalued paper into an established company with tangible assets-in this case Sennen and its treasury. As previously stated, the simple fact is that Sennen Shareholders are being asked to make a very high risk Private Placement of $13.5M into a junior explorer that the market, its own management, its directors, shareholders and promoters are apparently unwilling to do. Based on this we can only assume that they collectively agree with Sennen's management and directors as to the real value of Liberty Silver. We repeat once again, Liberty's Offer is of zero interest to Sennen's Board, management, as well as to shareholders representing a majority of the Company's shares, if indeed any of them."

Sennen's Board of Directors recommends Sennen Shareholders do NOT tender their Sennen Shares to the Liberty Offer and are reminded that the Board of Directors have recommended REJECTION of the Liberty Offer for reasons as set out in the Director's Circular dated July 30, 2012. There is no need for Sennen Shareholders to do anything to REJECT the Liberty Offer. Please refer to the Director's Circular, which is available on SEDAR, for more detailed reasons for REJECTION, and steps to take if you have already tendered your Sennen Shares.

Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or accuracy of, this release.

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Liberty Mutual Insurance Group’s Subsidiary Receives China Insurance Regulatory Commission’s (CIRC) Approval To …

Posted: at 9:12 pm

BOSTON--(BUSINESS WIRE)--

Liberty Mutual Insurance Group, through its wholly-owned subsidiary Liberty Insurance Company Limited (Liberty), has been granted approval to establish a branch in Shandong province by the China Insurance Regulatory Commission (CIRC). Headquartered in Chongqing, Liberty received CIRCs approval on August 6, 2012 to prepare for a provincial branch in Jinan, the capital of Shandong Province, which is the 4th largest property and casualty insurance market in China.

Upon final CIRC approval, Liberty will be the 2nd foreign property and casualty insurer in the province, and will offer personal lines products for Shandongs 96 million people as well as a wide range of commercial lines products for small-to-medium enterprises. Shandong has a gross domestic product (GDP) of US$721 billion, making it Chinas 3rd largest provincial economy.

At present, Liberty has operations in Chongqing in the west, Beijing in the north, Zhejiang province in the east and Guangdong province in the south of the country. As of December 31, 2011, the company ranked 2nd largest by premium size among 21 foreign property and casualty insurance companies operating in China.

Liberty Mutual continues to build its reputation in China as a strong provider of quality insurance products and as a company dedicated to helping people live safer, more secure lives, said Liberty Mutual Insurance Groups President and CEO David Long. We thank CIRC for approval of our branch application and we look forward to the opportunities presented to us in this new region.

Liberty Mutual Insurance Group in China

Liberty Mutual Insurance Group has had a presence in China since 1996 when its subsidiary Liberty Mutual Insurance Company established a representative office in Shanghai. In January 2004, the company opened its first insurance office in Chongqing, positioning Liberty Mutual as the 1st foreign property and casualty insurer with a presence in western China. In September 2007, Liberty Mutual received approval to have its Chongqing operation converted to a wholly owned subsidiary. Liberty is the only Fortune 500 company subsidiary headquartered in Chongqing.

About Liberty Mutual Insurance Group

"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2011 direct premiums written as reported by the National Association of Insurance Commissioners.

Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.

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Liberty Mutual Insurance Group’s Subsidiary Receives China Insurance Regulatory Commission’s (CIRC) Approval To ...

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Liberty no match for Sun

Posted: August 19, 2012 at 1:11 pm

UNCASVILLE, Conn. Tina Charles was determined to make up for a poor offensive performance against the Liberty in the last matchup. She only had to wait two days to get another chance at them.

Charles had 23 points and nine rebounds while playing nearly 38 minutes, and the Connecticut Sun beat the Liberty 85-74 on Saturday night.

The third-year center, who scored a season-low four points in the Suns 79-66 loss at New York on Thursday night in the teams first game after the monthlong Olympic break, played the entire first half.

I have never not taken her out in the first half, Sun coach Mike Thibault said. I talked to her and said, You let me know when you need a sub tonight. She said, Coach, Im staying out there. So, Yes, maam. I might not say that to some other people, but I know when she is feeling that way. She had that look in her eye. I know she didnt like the other night in New Jersey and she wanted to make up for it.

Kara Lawson had 21 points and Allison Hightower added a career-high 20 for the Eastern Conference-leading Sun (16-5). Mistie Mims, playing in place of the injured Asjha Jones (strained left Achilles tendon), added 11 points, four rebounds and four assists.

We had some people step up pretty big-time tonight and make shots between Tina in the first half and Kara and Allie throughout the game, and Mistie was everywhere on the boards, Thibault said.

Charles also became the fastest player in WNBA history to reach 1,000 rebounds, accomplishing it in her 89th game three fewer than Yolanda Griffiths previous mark.

Cappie Pondexter had 17 points and five assists for the Liberty (7-13). Essence Carson also scored 17 and Plenette Pierson added 14 points and eight rebounds.

Connecticut capitalized on 26 Liberty turnovers, scoring 28 points off the miscues.

We went from six turnovers the other night to 26 tonight, Liberty coach John Whisenant said. We have to keep our turnovers under 15 to compete with a team like that. ... We got them the other night and they made a lot of turnovers. We made eight turnovers in the first quarter (tonight) and that just digs you a big hole.

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Liberty no match for Sun

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Charles scores 23 to lead Sun past Liberty

Posted: at 1:11 pm

UNCASVILLE, Conn. (AP) -- Tina Charles was determined to make up for a poor offensive performance against the New York Liberty in the last matchup. She only had to wait two days to get another chance at them.

Charles had 23 points and nine rebounds while playing nearly 38 minutes, and the Connecticut Sun beat the Liberty 85-74 on Saturday night.

The third-year center, who scored a season-low four points in the Sun's 79-66 loss at New York on Thursday night in the teams' first game after the monthlong Olympic break, played the entire first half.

''I have never not taken her out in the first half,'' Sun coach Mike Thibault said. ''I talked to her and said, 'You let me know when you need a sub tonight.' She said, 'Coach, I'm staying out there.' So, 'Yes, ma'am.' I might not say that to some other people, but I know when she is feeling that way. She had that look in her eye. I know she didn't like the other night in New Jersey and she wanted to make up for it.''

Kara Lawson had 21 points and Allison Hightower added a career-high 20 for the Eastern Conference-leading Sun (16-5). Mistie Mims, playing in place of the injured Asjha Jones (strained left Achilles tendon), added 11 points, four rebounds and four assists.

''We had some people step up pretty big-time tonight and make shots - between Tina in the first half and Kara and Allie throughout the game, and Mistie was everywhere on the boards,'' Thibault said.

Charles also became the fastest player in WNBA history to reach 1,000 rebounds, accomplishing it in her 89th game - three fewer than Yolanda Griffith's previous mark.

Cappie Pondexter had 17 points and five assists for the Liberty (7-13). Essence Carson also scored 17 and Plenette Pierson added 14 points and eight rebounds.

Connecticut capitalized on 26 New York turnovers, scoring 28 points off the miscues.

''We went from six turnovers the other night to 26 tonight,'' Liberty coach John Whisenant said. ''We have to keep our turnovers under 15 to compete with a team like that. ... We got them the other night and they made a lot of turnovers. We made eight turnovers in the first quarter (tonight) and that just digs you a big hole.''

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Western Alliance Bancorporation to Acquire Western Liberty Bancorp

Posted: August 18, 2012 at 9:14 am

PHOENIX & LAS VEGAS--(BUSINESS WIRE)--

Western Alliance Bancorporation (WAL) and Western Liberty Bancorp (WLBC) announced today that they have signed a definitive agreement pursuant to which Western Alliance Bancorporation will acquire Western Liberty Bancorp. Immediately following the completion of the acquisition, Western Libertys principal operating subsidiary, Service1st Bank of Nevada, will merge with and into Bank of Nevada, a wholly-owned subsidiary of Western Alliance Bancorporation.

The Agreement provides that each shareholder of Western Liberty Bancorp may elect to receive either $4.02 in cash or 0.4341 of a share of Western Alliance Bancorporation for each Western Liberty share owned (based on existing shares of Western Liberty stock outstanding as of the date hereof and assuming the conversion of outstanding restricted stock units), subject to certain collar and proration provisions. The exchange is expected to be tax free, to the extent shareholders receive shares of Western Alliance Bancorporation. In aggregate, the transaction is valued at approximately $55 million.

Robert Sarver, Chairman and Chief Executive Officer of Western Alliance Bancorporation, commented, This transaction further strengthens our capital position, increases our core deposits, and enables us to further leverage our existing infrastructure in Las Vegas. We expect the transaction to be immediately accretive to our tangible book value.

Bruce Hendricks, Chief Executive Officer of Bank of Nevada, added, With significant customer overlap between Bank of Nevada and Service1st Bank, we anticipate quickly integrating the two institutions, giving added convenience and services to clients of Service1st.

By joining a strong, service-oriented regional banking franchise, we add greater lending capacity for our customers and new opportunities for growth for the bank. I am confident that both our organizations will benefit from this combination, said William Martin, Chief Executive Officer of Western Liberty Bancorp. As we considered all of our strategic growth options, it became clear that choosing to partner with Western Alliance can provide the greatest benefits and opportunities for our stockholders, employees, customers, and the communities we serve.

This transaction has been approved by the board of directors of each company and is subject to certain terms and conditions, including approval by stockholders of Western Liberty Bancorp and banking regulatory authorities. It is expected to be completed in the fourth quarter 2012.

About Western Alliance Bancorporation

With $7.2 billion in assets, Western Alliance Bancorporation is the parent company of Bank of Nevada, Western Alliance Bank doing business as Alliance Bank of Arizona and First Independent Bank, Torrey Pines Bank, and Shine Investment Advisory Services. These dynamic organizations provide a broad array of deposit and credit services to clients in Nevada, Arizona and California, and investment services in Colorado. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company's website, http://www.westernalliancebancorp.com.

About Western Liberty Bancorp

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Western Alliance Bancorporation to Acquire Western Liberty Bancorp

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