TORONTO, ONTARIO — (Marketwired) — 10/24/13 — Liberty Mines Inc. (TSX: LBE) has entered into settlement agreements with various creditors of the Company to re-structure approximately CDN$3,043,474in outstanding debt as at September 30, 2013. Liberty will settle the outstanding amount through the issuance of 1,380,891 common shares of the Company (the "Settlement Shares") and through a cash payment of CDN$$1,183,698. The deemed price of the Settlement Shares is based on the five da
TORONTO, ONTARIO — (Marketwired) — 10/02/13 — Liberty Mines Inc. (TSX: LBE) has entered into a definitive agreement with QMX Gold Corporation to acquire the Snow Lake gold project in Manitoba (the "Snow Lake Property"). Upon completion of the transaction, which is expected to close on or about November 25, 2013, Liberty Mines will have the following profile:The Snow Lake Property-s assets include the New Britannia Mine with associated plant, infrastructure, and equipment including
TORONTO, ONTARIO — (Marketwired) — 08/29/13 — Liberty Mines Inc. (TSX: LBE) has entered into a binding term sheet with QMX Gold Corporation to acquire the Snow Lake gold project in Manitoba (the "Snow Lake Property"). The completion of this transaction will position Liberty Mines as a near term gold producer with two fully permitted mills located in two leading Canadian gold camps. Liberty Mines, upon completion of this transaction, will have the following profile:The Snow Lake Pr
TORONTO, ONTARIO — (Marketwired) — 08/12/13 — Liberty Mines Inc. (TSX: LBE) will consolidated its common shares on the basis of one new common share for every 50 common shares outstanding effective as of market open on August 13, 2013.Following the share consolidation, Liberty Mines will have approximately 4,129,547 common shares outstanding.A letter of transmittal has been sent by mail to shareholders advising that the share consolidation has taken effect and instructing shareholders to su
TORONTO, ONTARIO — (Marketwired) — 07/29/13 — Liberty Mines Inc. (TSX: LBE) has appointed JMX Environmental to lead the process of remedying asbestos contamination at the Redstone and McWatters sites in Timmins. JMX Environmental is a leading asbestos abatement firm that has extensive experience in the safe removal and disposal of asbestos across various industries. It is a member of the Environmental Abatement Council of Ontario.Pat Gleeson, the President and Chief Executive Officer of Lib
TORONTO, ONTARIO — (Marketwired) — 07/08/13 — Liberty Mines Inc. (TSX: LBE) welcomes Bruce Humphrey and Parviz Farsangi as members of its board of directors. Both gentlemen, who are known for their mining expertise and dedication to the companies that they serve, will contribute to the turnaround going on at Liberty Mines. John Pinsent and Kim Oishi have resigned from the board to create the vacancies being filled by Bruce and Parviz.Mr. Humphrey is a mining engineer with over 35 years- exp
TORONTO, ONTARIO — (Marketwired) — 06/17/13 — Liberty Mines Inc. (TSX: LBE) has entered into a term sheet for bridge debt financing with Forbes & Manhattan, Inc. in the principal amount of $500,000. In connection with this financing, Liberty has appointed Pat Gleeson as a director and as Liberty-s president and chief executive officer and Deborah Battiston as Liberty-s chief financial officer.Pat Gleeson is the senior legal advisor to F&M. He has been involved in the initial organiz
