Liberty Silver Announces the Filing of S-1 Registration

Liberty Silver Announces the Filing of S-1 Registration Statement 
TORONTO, ONTARIO -- (Marketwire) -- 11/19/12 -- Liberty Silver Corp.
(TSX:LSL) ("Liberty Silver" or the "Company") announces the filing of
a registration statement on Form S-1 dated November 15, 2012 with the
U.S. Securities and Exchange Commission (the "SEC"). The registration
statement is available on and 
The primary purpose of the registration statement is to register the
2,583,333 shares of common stock issued to the vendors of the Hi Ho
Silver Property as announced on October 16, 2012 pursuant to the
terms of a registration rights agreement entered into with these
vendors. The Hi Ho Silver Property is approximately 100 acres located
adjacent to the former Trinity Silver mine on the Company's Trinity
property in Nevada. The Hi Ho Silver Property was the only acreage
not controlled by Liberty Silver or its joint venture partner
Renaissance Gold Inc. on the Trinity land package. Under applicable
U.S. securities laws, the shares are subject to resale restrictions.
In general, if the SEC declares the registration statement effective,
no resale restrictions will apply to the shares (so long as the sales
are pursuant to the registration statement and the registration
statement remains effective at the time of the subject sale). 
In addition, the registration statement proposes to register 400,000
shares of common stock issued upon exercise of common share purchase
warrants (the "Warrants"), and a total of 9,627,500 shares issuable
upon exercise of the remaining outstanding Warrants.The Warrants have
exercise prices ranging from US$0.55 to CDN$0.75 per share with
expiry dates from December 31, 2013 to July 22, 2016.Further details
are provided in the registration statement.Under applicable U.S.
securities laws, shares issued upon the exercise of these Warrants
have resale restrictions after the date of exercise.If the SEC
declares the registration statement effective, no resale restriction
will apply to shares issued upon exercise of the Warrants for holders
(so long as the sales are pursuant to the registration statement and
the registration statement remains effective at the time of the
subject sale).Registering these shares is viewed as a prudent step to
encourage holders 
to consider exercising their Warrants, which will
result in cash proceeds to the Company.It is appropriate to treat all
Warrant holders on the same basis and, accordingly, it was determined
that all shares issuable upon exercise of the Warrants should be
registered.The board and management of Liberty Silver, and other
affiliates, hold a total of 1,660,000 of the Warrants. 
As noted above, the registration statement relating to these
securities has been filed with the SEC but has not yet become
effective. These securities may not be sold nor may offers to buy be
accepted prior to the time the registration statement becomes
effective.Further announcements will be made regarding the status of
this registration. 
About Liberty Silver Corp.  
Liberty Silver Corp. is focused on exploring and advancing mineral
properties located in North America. Liberty Silver is led by a
skilled, experienced management team and board of directors with
significant experience managing exploration, development and mining
projects. Liberty Silver is committed to creating value for its
shareholders by advancing its current projects utilizing its
mitigated risk approach to developing new resources on its current
properties, and acquiring new properties that have the potential to
increase their resource base. The Trinity Silver Project, located in
Pershing County, Nevada, is Liberty Silver's flagship project.
Liberty Silver has the right to earn a joint venture interest in the
10,579 acres Trinity property pursuant to the terms of an earn-in
agreement with Renaissance Gold Inc. 
Information on the Company is available on the Company's website, or in the SEDAR and EDGAR databases. 
Cautionary Statements 
This News Release includes certain "forward-looking statements".
These statements are based on information currently available to
Liberty Silver and Liberty Silver provides no assurance that actual
results will meet management's expectations. Forward-looking
statements include estimates and statements that Liberty Silver's
future plans, objectives or goals, including words to the effect that
Liberty Silver 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
Liberty Silver's mineral properties, and Liberty Silver'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 Liberty Silver's activities; 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 Liberty Silver's forward-looking statements.
These and other factors should be considered carefully and readers
should not place undue reliance on Liberty Silver's forward-looking
statements. Liberty Silver does not undertake to update any
forward-looking statement that may be made from time to time by
Liberty Silver or on its behalf, except in accordance with applicable
securities laws. 
The Toronto Stock Exchange does not accept responsibility for the
adequacy or accuracy of this News Release. No stock exchange,
securities commission or other regulatory authority has approved or
disapproved the information contained herein. 
Liberty Silver Corp.
Manish Z. Kshatriya
Executive VP & CFO
(888) 749-4916 
Liberty Silver Corp.
Kevin O'Connor
Investor Relations
(416) 962-3300
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