Liberty Silver announces $5M private placement




News Release

Liberty Silver Announces Private Placement of Up to C$5 Million

Not for distribution to United States Newswire Services or for dissemination in the United States

TORONTO, Oct. 25, 2017 — Liberty Silver Corp. (the “Company”) (CSE:LSL) is pleased to announce that it has appointed a syndicate of agents led by Red Cloud Klondike Strike Inc. and including Haywood Securities Inc. (collectively, the “Agents”), to sell by way of private placement, units (the “Units”) of the Company for gross proceeds of up to C$5,000,000 (the “Offering”). Each Unit is offered at a price of C$1.25 and will be comprised of one common share (a “Common Share”) of the Company and one half of one transferable common share purchase warrant (a “Warrant”), each Warrant entitling the holder thereof to acquire one common share of the Company at a price of C$2.00 for a period of 36 months from the date of closing of the Offering. The Company has granted the Agents an option exercisable, in whole or in part, at any time up to 48 hours before the closing of the Offering, to place up to an additional C$2,000,000 of Units.

The net proceeds from the Offering shall be primarily used for exploration and development at the Bunker Hill Mine and for general corporate and working capital purposes.

The closing of the Offering is expected to occur on or about November 10, 2017 and is subject to receipt of all necessary regulatory approvals. The Units, including all underlying securities thereof, and any broker warrants issued with respect to the Offering will be subject to a six month hold period in accordance with applicable securities laws.

This news release does not constitute an offer of securities for sale in the United States. The securities being offered have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and such securities may not be offered or sold within the United States absent U.S. registration or an applicable exemption from U.S. registration requirements.

About Liberty Silver Corp.

Liberty Silver Corp. has an option to acquire 100% of the Bunker Hill Mine. Information about the Company is available on its website, www.bunkerhillmining.com, or in the SEDAR and EDGAR databases.