Liberty Star CEO to Visit East Asia for Naru Capital Roadshow Showcasing Copper-Gold-Moly Hay Mountain Project
September 29 2014 - 1:41PM
Business Wire
Liberty Star Uranium & Metals Corp. (“Liberty Star” or
the “Company”) (OTCQB: LBSR) is pleased to announce CEO/Chief
Geologist James A. Briscoe will travel to Hong Kong, Japan and
Korea in November to meet with potential investors to fund the Hay
Mountain Project (“Hay Mountain”) Phase 1 drilling program and
further development funding. Naru Capital (“Naru”) has also
requested Briscoe present the Mine Finders training program on a
roadshow planned for Qatar, Kuwait, Bahrain and UAE.
According to Naru’s representative, “We have successfully
established relations with [potential] investors in Hong Kong who
are significantly experienced in mining and thereby appreciate the
risk-reward ratio of a greenfield project such as Hay Mountain. In
the Middle East, we will be sourcing sophisticated [potential]
investors who have been vetted to ensure an interest in early stage
opportunities and who would ideally benefit immensely from the Mine
Finders program. Based on the interactions between our team and the
[potential] investors over the last few weeks, we anticipate good
meetings to be held in Hong Kong….Potential meetings in Japan and
Korea can be conducted face to face due to the proximity to Hong
Kong.”
Briscoe is still in substantial contact with interested parties
from the Middle East introduced to Liberty Star during Naru’s first
Middle East Roadshow. As part of the second Naru Roadshow Briscoe
will continue meetings with these potential investors and begin
meetings with new prequalified contacts from Qatar, Bahrain, Kuwait
and UAE. It is yet to be determined if Briscoe will travel to the
Middle East for a second time. The presentations may be conducted
by GoToMeeting computer meeting exchange, which allows up to 25
participants to view presentations on their computers anywhere in
the world simultaneously.
States Briscoe: “We continue our pursuit of a suitable deal for
Phase 1 drilling at Hay Mountain. The Mine Finders training program
has remained of great interest to multiple contacts from my travels
to Saudi Arabia, Oman and Turkey in June. We also have as many as
three domestic groups that have expressed interest in investing in
developing Hay Mountain. We will work on not only obtaining funds
for Phase 1, but looking to future development funding capability
as well.”
“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ
CACEO/Chief GeologistLiberty Star Uranium & Metals Corp.
Forward-Looking Statements
Statements in this news release that are not historical are
forward-looking statements. Forward-looking statements in this news
release include all our planned drilling program and our planned
trip to Asia. Factors which may delay or prevent these
forward-looking statements from being realized include: the failure
of our proposals to be accepted; we may not be able to raise
sufficient funds to complete our intended exploration, keep our
properties or carry on operations; and an inability to continue
exploration due to weather, logistical problems, labor or equipment
problems or hazards even if funds are available. Even if our
proposal is accepted, we may not be able to carry out the Mine
Finders program as contemplated. Despite encouraging data there may
be no commercially exploitable mineralization on our properties.
Readers should refer to the risk disclosures in the Company’s
recent 10-K and the Company’s other periodic reports filed from
time to time with the Securities and Exchange Commission.
Agoracom Investor
Relationslbsr@agoracom.comhttp://agoracom.com/ir/libertystarorLiberty
Star Uranium & Metals Corp.Tracy Myers, 520-425-1433Investor
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& Metals Corp. on Facebook, LinkedIn &
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