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Last $0.0003 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 09/18/15 All times are local (Market data is delayed by at least 15 minutes).

liberty silver corp (LBSV) Snapshot

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11/4/14 - $0.38
52 Week Low
06/30/15 - $0.0001
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liberty silver corp (LBSV) Details

Liberty Silver Corp., an exploration stage company, focuses on acquiring, exploring, and developing mineral properties located in North America. Its principal project is the Trinity silver project covering an area of approximately 10,020 acres, which includes 253 unpatented lode mining claims and portions of 9 sections of private land located in Pershing County, Nevada. The company was formerly known as Lincoln Mining Corp. and changed its name to Liberty Silver Corp. in February 2010. Liberty Silver Corp. was founded in 2007 and is headquartered in Toronto, Canada.

5 Employees
Last Reported Date: 09/29/15
Founded in 2007

liberty silver corp (LBSV) Top Compensated Officers

Chief Executive Officer, President, Chief Fin...
Total Annual Compensation: $140.0K
Compensation as of Fiscal Year 2015.

liberty silver corp (LBSV) Key Developments

Liberty Silver Corp. Auditor Raises 'Going Concern' Doubt

Liberty Silver Corp. filed its 10-K on Sep 28, 2015 for the period ending Jun 30, 2015. In this report its auditor, Meyers Norris Penny LLP - MNP LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Liberty Silver Corp. Announces Status of $1,250,000 Loan Facility with BG Capital Group Ltd

Liberty Silver Corp. announced the status of a committed non-revolving term credit facility in the principal amount of $1,250,000, made available by BG Capital Group Ltd. (BGCG) on the terms as disclosed in its press release of October 17, 2014. The new loan consists of a principal amount of $1,250,000 of which $1,025,000 has been advanced to the Company in accordance with its terms. A final advance of $250,000 was due on June 30, 2015, of which, $25,000 has been received. The remaining $225,000 portion of the advance remains outstanding. Management expects the balance of the final advance to be received by the end of the current quarter, based on preliminary discussions with BGCG. These funds represent the only source of immediate liquidity to the Company at this time.

Liberty Silver Corporation Announces Notice of Pendency and Proposes Partial Settlement of Class Action in the Securities Litigation

Liberty Silver Corporation announced that pursuant to an Order of the United States District Court for the Southern District of Florida, that lead plaintiffs in the class action litigation have reached a proposed partial settlement with Defendants Liberty Silver Corporation, Geoffrey Browne, and William Tafuri for $1 million in cash, plus interest earned. Defendants Robert Donald Bruce Genovese, BG Capital Group Ltd, Look Back Investments Inc., and Outlook Investments Inc. (the BG Defendants) who are also named as defendants in this Action, are not parties to this Settlement. The litigation is continuing against the BG Defendants regardless of whether the proposed partial settlement is approved, however, there is no guarantee of an additional settlement or distribution.


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