Liberty Silver aims to price C$8 million placement of special warrants

Brokered deal has C$2 million greenshoe; proceeds fund exploration

By Devika Patel

Knoxville, Tenn., June 20 - Liberty Silver Corp. said it will price an C$8 million private placement of special warrants in the context of the market. The deal will have a C$2 million greenshoe.

The special warrants each convert into a unit of one common share and a two-year warrant.

NCP Northland Capital Partners Inc. is the lead agent and will conduct the offering on a best-efforts private placement basis.

Settlement is expected July 22.

Proceeds will be used for exploration and development of the Trinity Silver Mine and general corporate and working capital purposes.

Liberty Silver is a mineral exploration company based in Reno, Nev.

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