First Liberty Power (fka FLPC)

[jjphillips]

Both FLPC's and Renaissance Gold's PRs name FLPC as the buyer, no reference to stockpile reserves.

In addition, in May 14th Renaissance Gold released their third quarter results: "This quarter alone, we... sold the Arabia Project for cash and a large NSR..."

First Liberty is listed as the funding partner for that project.

NSR is 10%. That means they get 10% of the net revenue which is the sale price minus transportation and refining costs... This implies we get 90%, but also we own the mill so we will capture some revenue there as well.