Lady Liberty's little sister on Mackinac Island needs some TLC. The island's 8-foot-tall replica of the Statue of Liberty is missing the seven points of her crown, her copper skin is dented and corroded and her pedestal is crumbling.
Go here to see the original:
Vets working to give Statue of Liberty replica on Mackinac Island a makeover
Liberty Mutual tickets on sale Tickets to the 2013 Liberty Mutual Insurance Legends of Golf are on sale at lmilog.com, the tournament announced Friday. The Champions Tour event will be April 22-28 at Westin Savannah Harbor Golf Resort and Spa.
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TORONTO, ONTARIO--(Marketwire - Oct 12, 2012) - Liberty Silver Corp. (LSL.TO)(LBSV) ("Liberty Silver" or the "Company") confirms that a cease trade order was made by the Ontario Securities Commission today providing that trading in the securities of Liberty Silver Corp. (excepting issuances from treasury) shall cease until 11:59 pm EST on October 18, 2012 (the "OSC Order").The OSC Order is effective for the same time frame as the Order of Suspension of Trading (the "SEC Order") imposed by the US Securities Exchange Commission ("SEC") on Friday, October 5, 2012 which provides that the Company''s shares will remain halted on the OTCBB until 11:59 pm EST, on October 18, 2012.
As earlier announced, the Company has been in contact with regulatory authorities in both Canada and the US, and is currently working diligently to resolve the matter. The Company understands that the OSC Order has been made to provide a reciprocal measure to the SEC Order.
The Company believes that it is in compliance with all applicable disclosure and regulatory requirements, and is firmly committed to being fully compliant and transparent in the Company''s governance. The Company will work closely and cooperatively with all regulators to resolve this matter as soon as possible for the benefit of our shareholders. As additional information becomes available, the Company will use its best efforts to communicate that information to our shareholders.
About Liberty Silver
Liberty Silver Corp. is focused on exploring and developing mineral properties in North America. The company is committed to creating value for its shareholders by advancing its projects using its mitigated risk approach to production, developing new resources on its existing properties, and acquiring new properties with potential to expand their resource base. The Trinity Silver property in Pershing County, Nevada is the company''s flagship project. Liberty Silver has the right to earn a joint venture interest in the 10,576 acre Trinity property from Renaissance Gold Inc. For more information, go to http://www.libertysilvercorp.com.
Cautionary Statements
This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management''s expectations. Forward-looking statements include estimates and statements that describe the Company''s future plans, objectives or goals, including words to the effect that the Company 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 the Company''s mineral properties, and the Company''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 the activities of the Company; 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 the Company''s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company''s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.
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Crowning glory ... the Statue of Liberty reopens to public later this month.
Public access to New York's attractions is increasing, with the city's iconic statue leading the way, writes Lance Richardson.
For many travellers, myriad events during the past decade can be reduced to a single fact: the US is increasingly closed. This is clear every time a person goes through the gauntlet of airport security, X-rayed by spreading their arms and legs in a star-jump manoeuvre. It's clear at the White House in Washington, DC: officials suggest visitors contact the Australian embassy to arrange a tour; the Australian embassy informs visitors that tours are currently "on hold".
An increase in public access is therefore an event. In September, the Museum of Modern Art, New York, announced its intention to stay open seven days a week from next May. The Metropolitan Museum is said to be considering a similar move. Downtown and across the bay, an even more iconic monument is opening its doors wider as well: the statue on Liberty Island.
Liberty Enlightening the World was designed by French sculptor Frederic Bartholdi, with iron framework by Gustave Eiffel, and presented to the US as a gift from France.
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Initial reception was mixed. Living through a depression at the time, the US was required to pay for the pedestal; The New York Times complained "no true patriot can countenance any such expenditures for bronze females in the present state of our finances".
The public made it work through donations, though, and on October 28, 1886, Liberty was dedicated during an elaborate ceremony.
Coated in copper and standing 93 metres tall, its features are widely celebrated: the golden torch, originally a functioning lighthouse; the tablet bearing the date of American independence (July 4, 1776); the broken shackles at the statue's feet. After a few years, the exterior began to oxidise, turning green and sending Congress into a panic. New Yorkers thought Liberty looked better this way. The statue symbolises openness.
"Give me your tired, your poor, your huddled masses yearning to breathe free," begins Emma Lazarus's famous poem, mounted on a plaque inside the pedestal. This is what made the closure, after the events of September 11, 2001, so significant. Because of safety concerns, visitor access was restricted to the island's exterior for eight years.
Originally posted here:
BOSTON, MA--(Marketwire - Oct 12, 2012) - Below is the September 2012 Monthly Update for the Liberty All-Star Equity Fund. ( NYSE : USA )
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Liberty All-Star(R) Equity Fund September 2012 Monthly Update
Margins matter. The more Liberty Global (Nasdaq: LBTY.A) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp!) distribute to shareholders. Healthy margins often separate pretenders from the best stocks in the market. That's why we check up on margins at least once a quarter in this series. I'm looking for the absolute numbers, so I can compare them to current and potential competitors, and any trend that may tell me how strong Liberty Global's competitive position could be.
Here's the current margin snapshot for Liberty Global over the trailing 12 months: Gross margin is 64.6%, while operating margin is 19.7% and net margin is -0.9%.
Unfortunately, a look at the most recent numbers doesn't tell us much about where Liberty Global has been, or where it's going. A company with rising gross and operating margins often fuels its growth by increasing demand for its products. If it sells more units while keeping costs in check, its profitability increases. Conversely, a company with gross margins that inch downward over time is often losing out to competition, and possibly engaging in a race to the bottom on prices. If it can't make up for this problem by cutting costs -- and most companies can't -- then both the business and its shares face a decidedly bleak outlook.
Of course, over the short term, the kind of economic shocks we recently experienced can drastically affect a company's profitability. That's why I like to look at five fiscal years' worth of margins, along with the results for the trailing 12 months, the last fiscal year, and last fiscal quarter (LFQ). You can't always reach a hard conclusion about your company's health, but you can better understand what to expect, and what to watch.
Here's the margin picture for Liberty Global over the past few years.
Source: S&P Capital IQ. Dollar amounts in millions. FY = fiscal year. TTM = trailing 12 months.
Because of seasonality in some businesses, the numbers for the last period on the right -- the TTM figures -- aren't always comparable to the FY results preceding them. To compare quarterly margins to their prior-year levels, consult this chart.
Source: S&P Capital IQ. Dollar amounts in millions. FQ = fiscal quarter.
Here's how the stats break down:
With recent TTM operating margins exceeding historical averages, but net margins still negative, Liberty Global still has some work to do.
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Posted on: 10:36 pm, October 11, 2012, by Andy Fales, updated on: 10:37pm, October 11, 2012
For many of us, shes a figure who prompts a story
Of the ones who brought us here
Before we were Americans, we were immigrantsexiles in some respects.
Everybody who came through Ellis Island, says Bobby Tursi,whose father immigrated here from Calabria, Italy as a young man,that was the first thing that they saw was the Statue of Liberty before being processed into the new world.
The Tursis have celebrated their immigrant heritage through the Latin King restaurant for thirty years, now, but today, they reconnected to Lady Liberty through their new business.
The Statue of Liberty was known as the Mother of Exiles to the immigrants coming over, says RJ Tursi, who runs the new Exile Brewing Company at 14th and Wlanut in Des Moines.
Thats exactly what it looks like. A full scale model of her crown. 27 feet across, designed by local sculptor, James Ellwanger.
One of the owners was down here and I drove by and I just said, Ive got an idea for this, Ellwanger says.
It was hardly a cheap project.$25,000 in copper alone, weighing 7,000 pounds. The building needed thousands more in structural work just to support it. But the Tursis loved the idea.
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October 11, 2012
Speaking to investors yesterday, Liberty Media CEO Greg Maffei said the company's takeover of SiriusXM could take up to 18 months to complete. Multichannel News reports that Maffei said any future transactions with the satcaster would depend on Liberty's ability to monetize high cost shares, but that could take up to a year and half to fully complete.
Liberty Media currently controls approximately 49.6 percent to SiriusXM stock and has made its intentions clear that it wants complete control over the satcaster. Liberty is expected touse a Wall Street maneuver known asReverse Morris Trust to acquire, then spin, off SiriusXM.
"We would want to get our capital out before we do a Reverse Morris Trust," Maffei said on Wednesday, adding that it is not the only possible option for Liberty Media. "If it takes 18 months, that would be sort of a minimum."
Yesterday, SiriusXM reported net subscriber additions were 445,921 in thethirdquarter of2012. SiriusXM ended Q3 on September 30with a record 23,365,383 subscribers.Additionally, the company announced that it is raising its net subscriber additions guidance to 1.8 million for 2012 from its previous guidance of 1.6 million.
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October 11, 2012 12:18 AM
Nate Miller arrived at Liberty with thoughts that basketball, or perhaps the gridiron to follow in the footsteps of his two brothers, would highlight his prep career.
Hell leave the northern Colorado Springs high school with quite the athletic legacy all right. But in neither of the aforementioned sports.
Basketball was actually my sport growing up, but I wasnt big enough for football, Miller said. I took up tennis instead. I just loved it. As time progressed, I focused on tennis and started taking it seriously. This year, I was able to take it to another level. This will be one of my last chances to play, so I want to go out as well as I can.
Miller, a senior, became quite possibly Libertys first boys singles regional champion Oct.5 when he recorded a 6-2, 7-5 victory over Lakewoods Ram Vuppaladadiyam in the Region 6 championship match in No. 2 singles at Denver East. Lancers coach Joe Frasca didnt witness the feat during his seven years there, and he doubts anyone previously made it to the top at the school known instead for its high-caliber cross country and soccer programs.
Now, its onto the state tournament, where 373 athletes in 5A and 4A head for Denvers Gates Tennis Center and Pueblo City Park, respectively, to compete in the three-day tournament starting Thursday.
Miller, along with Pine Creek junior Zack Inman, represents the only Pikes Peak-area 5A singles players to make it through regional play and into state play.
For these guys to even make it to state is quite an accomplishment, Frasca said. But I know what kind of competitor Nate is. Hes not just happy getting there. Nate wants to be there on Saturday.
Millers breakthrough at Liberty marked another momentous step for the program, which just last year saw its girls team post a school-best seven victories in dual matches and qualified five players to the state tournament.
This is the best season we have ever had, Frasca said. Like Nate, most of my players didnt start tennis until they were in high school and they have improved tremendously the past four years. There is a renaissance happening at Liberty with our tennis programs.
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Liberty's Miller excels in tennis after starting in other sports
LAS VEGAS, Oct. 11, 2012 /PRNewswire/ --First Liberty Power Corp. (FLPC) is pleased to announce the launch of a newly redesigned website for First Liberty which reflects our growing scope of business. The new site, http://www.firstlibertystrategic.com, enhances the discussion on our lithium property exploration and development and introduces our expanded emphasis on the exploration, development, mining and refining of strategic industrial metals in the USA.
With this announcement, First Liberty is formally launching another one of its new initiatives that more effectively updates investors and shareholders on the Company's progress in a timely manner. The new site not only lays out the Company's strategic vision moving forward, but also incorporates multiple methods for interaction with the company. The delivery of information, including relevant industry and corporate news, has been greatly enhanced and the site also acts as a medium for access to key social media channels - allowing for the facilitation and broadening of communication. You will now be able to follow the company on Twitter at http://www.twitter.com/FirstLibertyOTC and Facebook at http://www.facebook.com/firstlibertypower. Both social media platforms can be accessed directly from First Liberty's website.
CEO Don Nicholson in a released statement commented that, "As the Company continues to evolve, this revamped website is the next logical step in our communication strategy and it reinforces our commitment to providing our shareholders with the information and transparency they require. The new website will be a more up-to-date, easily accessible source of information that will provide timely data for shareholders and others having an interest in our development. This is another significant step forward in disseminating details on our Lithium brine properties, our new Antimony property, and our ongoing efforts to establish holdings in other strategic metals." Mr. Nicholson further stated, "The website is an essential step forward to fully reflect our company's vision and assist our shareholders and investors in understanding the critical issues of the domestic supply of those strategic mineral elements for current and emerging technologies."
About UsFirst Liberty is a Nevada based mineral exploration company with a focus on the exploration, development, mining and refining of strategic industrial metals in the USA. With a foundation in lithium exploration and a recent addition of antimony mining and development, it is our vision to significantly contribute towards ensuring a domestic supply of those strategic mineral elements that are critical to current and emerging technologies. We will continue assembling a portfolio of properties and interests in several key areas, ranging in developmental to advanced stage exploration, to those being production ready.
ContactFirst Liberty Power Corp. http://www.firstlibertystrategic.com ir@firstlibertystrategic.com Investor Relations Telephone: (800) 709-1196
Notice Regarding Forward-Looking StatementsThis current report contains "forward-looking statements," as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, the final outcome Lida Valley and Smokey Valley exploration / work programs, the specific nature and extent of the next phase of our exploration program, our ability to raise the necessary capital to complete our exploration program, and any mineralization, exploration and development of our mineral properties, specifically in regards to Lithium.
Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance that such beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.
Originally posted here:
DENVER, CO--(Marketwire - Oct 11, 2012) - Liberty Coal Energy ( OTCQB : LBTG ) (the "Company," or "Liberty Coal") is pleased to announce that it has closed an equity placement of $9,196,500.00 (Nine million, One Hundred Ninety Six Thousand, Five Hundred dollars) with 10 institutional accredited investors, through its equity advisor Catwalk Capital, LLC.Ed Morrow, CEO of Liberty Coal Energy had this to say, "This funding provides Liberty Coal the financial capability to complete its plan on the Owsley County, Kentucky coal property and to make additional acquisitions to grow its business plan. We are grateful to Catwalk Capital for their diligence and aid in the acquisition of this capital facility."
The Owsley property comprises approx. 1000 acres of fee surface and coal rights, and has a mine plan in place and a phase 1 permit technically approved by the Kentucky Department of Natural Resources. The permit may be activated by posting the required reclamation bonds and liability insurance. The coal quality is excellent thermal coal, used primarily for generation of electricity.
The recoverable thermal coal resource on the Owsley project is in excess of 5.7 million tons.3.5 million tons are recoverable with surface and highwall mining, and an additional 2.2 million tons are recoverable by underground deep mining. Owsley resources have a sales value in excess of $300 million over 10 years of planned production.
About Liberty Coal Energy Corp.
Liberty Coal Energy is a resource development and production company with coal property in eastern Kentucky. Liberty Coal's plan is that the Owsley production will be followed by a series of similar sized projects in the Appalachian coal fields over the next three plus years. The Company is building the foundation for success in the United States' most active coal mining regions. Liberty Coal Energy is dedicated to the acquisition, development and production of coal in North America. The Company is committed to creating value for its shareholders by maintaining the highest environmental standards to produce clean coal for the nation's energy needs. Please visit the Company's website http://www.libertycoal.com for additional information.
About Catwalk Capital, LLC:
Catwalk Capital is the equity funding advisor to Ferme Group, http://www.fermegroup.com. Ferme assists private and public companies, investment banks and institutional investors in their drive to create value. Ferme's advisors are versatile and have worked extensively in many industries and transaction types. Ferme's worldwide network of channel partners provides a large geographic capability.
For further information onLiberty Coal, contact Samantha White at 888-399-3989 or info@libertycoal.com
Forward Looking Statements
Statements in this news release that are not historical facts are forward-looking statements that are subject to risks and uncertainties. Words such as "expects," "intends," "plans," "may," "could," "should," "anticipates," "likely," "believes" and words of similar import also identify forward-looking statements. Forward-looking statements are based on current facts and analyses and other information that are based on forecasts of future results, estimates of amounts not yet determined and assumptions of management. The statements by our officers, and other statements regarding optimism related to the business, expanding exploration and development activities and other statements in this press release are forward-looking statements. Such statements are based on current expectations, estimates and projections about the Company's business. Actual results could vary materially from the description contained herein due to many risk factors that affect the industry the Company operates in and other risk factors listed from time to time in the Company's Securities and Exchange Commission (SEC) filings under "risk factors" and elsewhere. The forward-looking statements contained in this press release speak only as of the date on which they are made, and the Company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this press release.
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NEWARK, N.J. An internal audit by the Transportation Security Administration gave failing grades to agents at Newark Liberty Airport, adding to a long list of security concerns the New Jersey airport has dealt with.
The recently released audit found that Newark TSA agents followed proper pat-down procedures just 16.7 percent of the time and confiscated banned items from carry-on luggage just 25 percent of the time, according to CBS New York affiliate WCBS.
"Obviously that's a big problem," David Katz of the Global Security Group told CBS correspondent Marcia Kramer Monday. "Newark does seem to have more than its fair share of security issues."
Last May, Homeland Security officials said Newark Liberty was the worst of six major airports when it came to security breaches.
In June, TSA screeners were fired for sleeping on the job when they were supposed to be searching for explosives.
And in August, more than 100 flights were cancelled after a passenger made it through a checkpoint without being screened properly. The airport was similarly shut down for over an hour in April after it was discovered a baby wasn't properly screened.
Katz said he is worried the vulnerabilities exposed in the latest audit may be an open invitation to terrorists looking for a place to strike.
"If they see an area when perhaps we are not doing as good a job as we could, that's where they're going to go," he told WCBS.
The TSA said the report was a "snapshot in time" and that it was working on improving its security.
"This is an agency that evaluates its workforce constantly with an eye toward continuous improvement," a TSA spokesman said.
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TSA audit finds major security flaws at Newark Liberty Airport
(RTTNews.com) - Liberty Interactive Corporation (LINTA) will host its Investor Meeting at 9:00 AM ET on October 10, 2012.
To access the live webcast, log on to http://www.libertyinteractive.com/events
For comments and feedback: contact editorial@rttnews.com
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By Mike Farrell, Multichannel News -- Broadcasting & Cable, 10/10/2012 5:07:38 PM New York - Liberty Media chairman John Malone added fuel to speculation that its Starz premium channel may merge with another larger programmer after a planned spin-off later this year.
"Everybody can use a big brother," Malone said at Liberty's annual Investor Day meeting here Wednesday. "There are substantial synergies for Starz working together with various potential media partners. One of the opportunities that we are creating by separating it is for [Starz CEO] Chris [Albrecht] and the board to explore other relationships. Unfortunately, other than financial synergies, Liberty really can't provide Starz with much in the way of operational synergies in this space in the U.S."
Liberty announced its intention to spin out Starz into a separate publicly traded entity in August. The transaction would involve the distribution of shares in a new subsidiary to be called Liberty Media that would consist of all Liberty assets other than Starz -- including interests in Sirius XM Radio, Live Nation and Barnes & Noble, as well as its stake in the Atlanta Braves Major League Baseball team -- to current Liberty shareholders. Starz, about $1.5 billion in debt and an undetermined amount of cash would remain in the old entity, which would be renamed Starz and would trade under the symbols "STRZA" and "STRZB." The spin is expected to be completed before the end of the year.
Click here to read the full story at Multichannel.com.
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Lynchburg, Va. (PRWEB) October 10, 2012
Liberty University is now in the top 10 colleges in the country for most acreage, with nearly 7,000 acres, including Liberty Mountain, Ivy Lake in Bedford County, and island property on the James River.
Liberty has been planting and cultivating several pine plantations, including 130 acres on Liberty Mountain, in an effort to protect and responsibly manage its property.
A majority of our land holdings are undeveloped, left in their natural state, said Lee Beaumont, vice president for Auxiliary Services. We have a forest management plan in place, in which we do management cuttings followed by plantings.
Beaumont said this helps to create productive land, thus keeping the mountain ecosystem healthy.
The university is committed to doing its replanting and forest management efforts right, and works closely with Donald Parris, a professional forestry consultant and owner of Timber Consultants, Inc. Parris has nearly 30 years experience in forest management, timber appraising, and timber sales.
What we are trying to do is take something that Liberty has and utilize the land they have been given responsibility for and try to be good stewards of it, Parris said.
He coordinates with Beaumont and Chancellor Jerry Falwell, Jr., who Parris said is very knowledgeable about the mountain property, to decide how to best allocate plots of land. Parris advises on the right species to plant in the proper soil type. This includes converting poor hardwood sites to pine and allowing nature to advance the good hardwood sites.
Due to past history of insect infestation and harvesting methods, the mountain property lacks a good mixture of pine timber, Parris said. We are trying to get a good mixture up there. It gives it diversity for the wildlife and for the environment, too. We look to put the right species on the right site to grow good timber.
Libertys early replanting efforts are beginning to flourish, while some newer ones are just sprouting. A 130-acre, 6-year-old pine plantation is one of the bigger tracts and is teeming with life as trees are beginning to surpass 12 feet tall.
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Replanting Efforts Sprout Results on Liberty University Mountain Property
MIAMI--(BUSINESS WIRE)--
beIN SPORT, the new independent 24-hour global network dedicated to live and exclusive coverage of the worlds best international sports, today announced that Liberty Cablevision of Puerto Rico will offer the network to sports fans.
Liberty Cablevisions customers will now see beIN SPORTs exclusive coverage of all the top soccer leagues and tournaments from Europe and South America, including games from Spains La Liga, Italys Serie A, Frances Ligue 1, South American World Cup Qualifiers and Copa America 2015.The network will also carry the away games for the U.S. Mens National Soccer Team in the qualifying rounds of the 2014 World Cup.
beIN SPORTs English and Spanish networks will be available as part of Libertys basic service package on standard definition channels 94 and 95, respectively. The networks will also be part of the cable providers premium HD package on channels 224 and 225. In addition to its linear TV networks, select beIN SPORT content will be available on demandvia Liberty Cablevisions website.
beIN SPORT is a new, unprecedented sports network that guarantees first row access to the electrifying stars and unmatched play of international competition with games that cant be seen on any other channel, said Yousef Al Obaidly, managing director ofbeIN SPORT. Our original and exclusive programming is designed to let viewers be in the game and feel they are part of the international sports community. Once they experience our network, we know Puerto Rican sports fans wont want to miss a minute of their favorite teams and players.
About beIN SPORT
beIN SPORT, the English-language 24/7 international sports network, and beIN SPORT en Espaol are the multi-platform sports destinations that brings to the passionate fan all the live game action, news and analysis of the top leagues around the planet, as well as exclusive and never available-before content. From American, European and Latin American live games to general sports news and in-depth analysis, beIN SPORT guarantees first row access to top leagues and major sports properties through TV, on-line and mobile platforms with games that cant be seen on any other channel. For more information, please visit http://www.beinsport.tv and follow us on Twitter @beINSport1USA for breaking news and real-time updates.
Originally posted here:
TORONTO, ONTARIO--(Marketwire - Oct. 10, 2012) - Liberty Silver Corp. (LSL.TO)(LBSV) ("Liberty Silver" or the "Company") today is providing further commentary on the Order of Suspension of Trading (the "Order") imposed by the US Securities Exchange Commission ("SEC") on Friday, October 5, 2012. The Company has been in contact with regulatory authorities in both Canada and the US, and is currently working diligently to resolve the matter. Pursuant to the Order the Company's shares will remain halted on the OTCBB until 11:59 pm EDT, on October 18th, 2012. The Company believes that it is in compliance with all applicable disclosure and regulatory requirements, and is firmly committed to being fully compliant and transparent in the Company's governance. The Company will work closely and cooperatively with the SEC to resolve this matter as soon as possible for the benefit of our shareholders. As additional information becomes available, the Company will use its best efforts to communicate that information to our shareholders.
About Liberty Silver
Liberty Silver Corp. is focused on exploring and developing mineral properties in North America. The company is committed to creating value for its shareholders by advancing its projects using its mitigated risk approach to production, developing new resources on its existing properties, and acquiring new properties with potential to expand their resource base. The Trinity Silver property in Pershing County, Nevada is the company's flagship project. Liberty Silver has the right to earn a joint venture interest in the 10,576 acre Trinity property from Renaissance Gold Inc. For more information, go to http://www.libertysilvercorp.com.
Cautionary Statements
This News Release includes certain "forward-looking statements". These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management's expectations. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company 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 the Company's mineral properties, and the Company'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 the activities of the Company; 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 the Company's forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company's forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company 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 release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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By Tatiana Yankelevich
Published: October 10, 2012 (Issue # 1730)
InOctober 2004, I stood next tomy mother, Yelena Bonner, atan elegant dinner atStanford Universitys Hoover Institution andtranslated her keynote remarks addressed tothe participants ofa conference onthe impact ofCold War broadcasting. This three-day conference brought together theveterans ofRadio Free Europe andRadio Liberty andthose, who like my mother andmyself, represented theaudience onthe other side ofthe Iron Curtain. Our lives andthe fates ofthe countries we lived inwere directly affected bythe independent news coverage andanalysis coming fromthese programs.
My mother, inher usual direct manner, was not afraid toutter words that were not exactly insync with thefestive andpleasant atmosphere. I did my best toconvey thesense andstyle ofher remarks, though, as often with translators, it was not easy toovercome thetemptation tosmooth over therough edges. She predicted that should theplans toreorganize Radio Liberty materialize, they would alter its image beyond recognition andput anend toRadio Liberty as we know it.
Two months later, inDecember 2004, Bonner, together with dissident Vladimir Bukovsky, wrote acomment inThe Moscow Times about thedanger ofignoring thereality ofthe times: The Constitution has been demolished. Thetwo-chamber parliament has been destroyed. Elections were violated. Federalism has been annihilated. Independent courts are being liquidated. TheOrthodox church is coalescing with thepolitical authorities andthreatening thesecular nature ofthe state. Public officials atall levels are being replaced byveterans ofagencies like theNKVD, KGB andFSB. All this is taking place while almost all theindependent media, thepress as well as radio andtelevision are being wiped out.
Mothers are usually right, andin theeight years that followed I had many chances toconfirm this. Still I have not felt theneed toget involved directly until now. Today agrave andgross error ofjudgement is taking place with Radio Liberty.
It would not be anoverstatement tosay that Radio Liberty has been asource offree speech andfree thought over theyears, allowing aunique, albeit dangerous, chance tothose behind theIron Curtain toexercise theright toa free flow ofinformation andideas.
Today, when theregime ofPresident Vladimir Putin has initiated anew attack onfreedom ofspeech andthe democracy movement inRussia, human rights organizations have been declared foreign agents, andUSAID has been ousted fromRussia, theU.S. management team ofRadio Liberty has ended its medium-wave broadcasts anddismissed its top journalists, whose broadcasts attracted hundreds ofthousands oflisteners.
These actions go against thespirit andthe mission ofRadio Liberty. These actions dig anearly grave forRadio Liberty as free andindependent radio broadcasting. They put anend tothe collaboration ofpeople ofhigh public repute, essential fora democratic public discourse, andthey completely compromise thestations moral authority.
This is why I am raising my voice against these policies. They are foolhardy atbest andcynical atworst. They will quickly lead toa sad day when, toparaphrase writer Yevgeny Zamyatin, Radio Liberty will have only one future: its past.
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BOSTON--(BUSINESS WIRE)--
Liberty Mutual Insurance Group Benefits, the first group life and disability carrier to launch a mobile application to help employees conveniently manage multiple benefits using mobile devices, has extended the functionality of its MyLibertyMobile application to make life easier for new moms.
MyLibertyMobiles Report a Birth now offers a quick, convenient way for new mothers to activate their disability benefits using a smartphone or tablet following the birth of a child, allowing them to concentrate on the new priority in their life.
Weve harnessed technology so our customers employees can literally tap into their benefits in the hectic days following delivery, notes Jean Scarrow, chief operating officer, Liberty Mutual Insurance Group Benefits. Now, a new mother can complete the necessary steps through her mobile device.
Two-thirds of women of childbearing age use a smartphone, according to the Pew Research Center. It only makes sense to apply mobile technology to group disability programs, notes Scarrow.Mobile technology helps employers drive employee engagement by providing employees with greater convenience and flexibility at key milestones in their lives.
In addition to the new Report a Birth function, MyLibertyMobile also offers Report Intermittent Absence functionality, which allows employees to enter time away from work during approved leaves with any web-enabled mobile device.
More information on MyLibertyMobile can be seen at LibertyMutualGroup.com/Mobile.
About Liberty Mutual Insurance
"Helping people live safer, more secure lives" since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and the third largest property and casualty insurer in the U.S. based on 2011 direct premiums written as reported by the National Association of Insurance Commissioners.
Liberty Mutual Insurance also ranks 84th on the Fortune 100 list of largest corporations in the U.S. based on 2011 revenue. As of December 31, 2011, Liberty Mutual Insurance had $117.1 billion in consolidated assets, $99.3 billion in consolidated liabilities, and $34.7 billion in annual consolidated revenue.
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PHOENIX & LAS VEGAS--(BUSINESS WIRE)--
Western Alliance Bancorporation (WAL) and Western Liberty Bancorp (WLBC), referred to herein as Western Alliance and Western Liberty, announced today the filing with the Securities and Exchange Commission, or the SEC, and the mailing to Western Liberty stockholders, of a supplement to the proxy statement/prospectus provided to stockholders in connection with the proposed merger of Western Liberty and Western Alliance. The merger is to be voted on by Western Liberty stockholders at a special meeting of Western Liberty stockholders scheduled for 10:00 am on October 17, 2012 at Western Libertys headquarters in Las Vegas.
The additional disclosures supplement the disclosure contained in the proxy statement/prospectus filed by Western Liberty and Western Alliance with the SEC on September 12, 2012 and mailed to Western Liberty stockholders, and should be read in conjunction with the disclosures contained in the proxy statement/prospectus, which in turn should be read in its entirety. A copy of the supplement is attached to this press release.
The supplement has been filed in connection with a proposed settlement of a putative class action lawsuit that was filed in the District Court of the State of Nevada, Clark County, on September 21, 2012 by plaintiff David Raul against Western Alliance, Western Liberty and the directors of Western Liberty. The action alleges, among other things, that Western Libertys board of directors breached its fiduciary duties in connection with the board of directors approval of the proposed merger and that Western Alliance aided and abetted such alleged breach of fiduciary duties. The plaintiff seeks injunctive relief preventing the merger, an order rescinding the proposed merger in the event it is not enjoined, and damages as a result of the alleged actions of the defendants, including attorneys and experts fees.
The defendants believe this lawsuit is without merit but in order to avoid the costs, risks and uncertainties inherent in litigation and to allow stockholders to vote on the proposal to adopt the merger agreement at the scheduled special meeting, counsel for Western Liberty, Western Alliance and the other defendants have entered into a memorandum of understanding with plaintiffs counsel to settle the action subject to court approval. The settlement requires Western Liberty and Western Alliance to provide certain additional disclosures set forth in the supplement to the proxy statement/prospectus, but will not affect the merger consideration to be received by Western Liberty stockholders or the timing of the special meeting of the Western Liberty stockholders scheduled for October 17, 2012. If the Nevada court approves the settlement, the action will be dismissed with prejudice.
Nothing in this press release, the proposed settlement or the supplement to the proxy statement/prospectus shall be deemed an admission of the legal necessity or materiality of any of the disclosures set forth in the supplement.
About Western Alliance Bancorporation
With $7.2 billion in assets, Western Alliance Bancorporation is the parent company of Bank of Nevada, Western Alliance Bank doing business as Alliance Bank of Arizona and First Independent Bank, Torrey Pines Bank, and Shine Investment Advisory Services. These dynamic organizations provide a broad array of deposit and credit services to clients in Nevada, Arizona and California, and investment services in Colorado. Staffed with experienced financial professionals, these organizations deliver a broader product array and larger credit capacity than community banks, yet are empowered to be more responsive to customers' needs than larger institutions. Additional investor information can be accessed on the Investor Relations page of the company's website, http://www.westernalliancebancorp.com.
About Western Liberty Bancorp
With $199 million in assets, Western Liberty Bancorp is a Nevada bank holding company which conducts operations through Service1st Bank of Nevada, its wholly-owned banking subsidiary, and Las Vegas Sunset Properties. Service1st Bank operates as a traditional community bank and provides a full range of deposit, lending and other banking services to locally-owned businesses, professional firms, individuals and other customers from its headquarters and two retail banking facilities located in the greater Las Vegas area. Services provided include basic commercial and consumer depository services, commercial working capital and equipment loans, commercial real estate loans, and other traditional commercial banking services. Primarily all of the banks business is generated in the Nevada market.
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