Monday, September 29, 2014
First Liberty Power Secures Refining Capacity in the United States
Reno, NV, Sep 29, 2014 (GLOBE NEWSWIRE via COMTEX) First Liberty Power Corp. (FLPC: OTC Pink), a diversified exploration, development and junior mining company focused on strategic minerals for America s future, today announced the completion of a Letter of Intent ( LOI ) to acquire a 50% operational interest in a central Nevada processing facility, known as the Liberty Precious Metals Processing Facility (the Liberty Mill ). First Liberty Power CEO, Don Nicholson, provided details of this significant FLPC development. After extensive negotiations, First Liberty Power has entered into a binding LOI for a definitive share purchase agreement ( SPA ) to acquire 50% of the issued and outstanding shares of Coronet Metals US Inc. (Coronet US) from Coronet Metals Inc. Coronet US currently holds the lease to operate and has expended a capital investment of $2.1 million in the Liberty Mill, which is located on 40-acres of private land in Amargosa Valley, Nevada, approximately two hours north
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