Peterson Law acts for Liberty Silver Corp. as it closes $4.6 Million Private Placement and lists on the Toronto Stock Exchange
On December 21, 2011 Liberty Silver Corp. (“Liberty Silver”) closed a private placement of 2,627,500 units and 6,500,000 subscription receipts which have been converted into 6,500,000 units for an aggregate of 9,127,500 units sold at U.S. $0.50 per unit for gross proceeds of U.S. 4,563,750. The offering was conducted on a non-brokered-basis. Funding from the private placement will support the continued exploration and development of its Trinity silver project in Nevada, and for general corporate and working capital purposes. In conjunction with the financing, the common shares of Liberty Silver were listed on the Toronto Stock Exchange under symbol, “LSL”.
Liberty Silver Corp. is focused on exploring and developing mineral properties located in North America. The Trinity silver project, located in Pershing County, Nevada is the Company’s flagship project. Liberty Silver has the right to earn a 70 percent interest in the Trinity property from Renaissance Gold Inc. subject to certain obligations.
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