LAS VEGAS, Dec. 29, 2010 /PRNewswire-FirstCall/ -- First Liberty Power Corp. (OTC Bulletin Board : FLPC ) today announced the appointment of Don Nicholson to the role of President and CEO, and Secretary-Treasurer, effective Jan. 1st 2011. In his new role, Mr. Nicholson will immediately work to improve the Company's compliance and regulatory processes, and to accelerate the implementation of the Company's exploration program on its Lida Valley Nevada Lithium prospect.
Don Nicholson comments, "I look forward to leading First Liberty Power Corp. and to working with the Company's VP of Exploration, Mr. John Rud, to complete the current phase exploration programs the Company has underway. I would also like to assure the shareholders of the Company that I will begin immediately to implement a process to ensure that the Company and its auditing and other professional partners have all documents and filings timely prepared and delivered in accordance to all required regulatory guidelines."
Mr. Nicholson has over 20 years of international experience in all phases of project development and management, including incubation, implementation and growth, covering several business sectors including manufacturing, resource extraction, education, construction, real estate, and high-technology. From December 2008 to date, Mr. Nicholson has been involved in the provision of consulting services to public and private companies in areas such as business development, operational guidance, and administration. Previously, from April 2005 to December 2008, Mr. Nicholson was a director and officer of Terra Nostra Resources Corp., a US public company involved in the development of metals refining operations in China, where he was involved in various senior level management roles. From May 2002 to March 2005, Mr. Nicholson was the Vice President of Operations for a European bicycle manufacturer based in Greece, B-Tech SA, where he was responsible for logistics and production management, and business process re-engineering to further the technological evolution of the company. Mr. Nicholson graduated from the University of British Columbia in 1991 with a Bachelor of Commerce degree.
Mr. Glyn Garner will be stepping down as President, Secretary-Treasurer and Director of the Company to pursue other endeavors. The Company would like to thank Glyn Garner for his many contributions over the past twelve months in his various capacities at the Company.
First Liberty Power Corp. is a Nevada based mineral exploration company with a primary focus on lithium and vanadium exploration and development in the United States. The Company is positioned to capitalize on the anticipated increase in demand for both lithium carbonate and vanadium that is projected to result from the adoption and use of clean renewable energy that will fuel demand for products that utilize lithium-ion batteries and vanadium redox batteries.
This news release may include "forward-looking statements" regarding First Liberty Power Corp., business and project plans. Such forward-looking statements are within the meaning of Section 27A of the Securities Act of 1933, as amended, and section 21E of the United States Securities and Exchange Act of 1934, as amended, and are intended to be covered by the safe harbor created by such sections. Where First Liberty Power Corp. expresses or implies an expectation or belief as to future events or results, such expectation or belief is believed to have a reasonable basis. However, forward-looking statements are subject to risks, uncertainties and other factors, which could cause actual results to differ materially from future results expressed, projected or implied by such forward-looking statements. First Liberty Power Corp. does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
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.
SOURCE First Liberty Power Corp.