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Monday, 08/24/2015 9:52:50 PM

Monday, August 24, 2015 9:52:50 PM

Post# of 2344439
$LIBE - Reduces Debt Nearly $100,000

SOUTHAMPTON, NJ--(Marketwired - Jun 18, 2015) - Liberated Energy Inc. (OTC PINK: LIBE) announces today that it has reduced its outstanding debt by nearly $100,000 in the past sixty days. The details of the debt can be found in the Company's 8-K filing today.

Brian P. Conway, CEO of Liberated Energy, said, "Previous management raised over $600,000 in convertible debt and we have sought to reduce these debts as aggressively as possible. In doing so, we have reduced our debt over two thirds of this amount."

Mr. Conway reiterated, "Our view of our current debt and capital structure is that Liberated will secure a conventional credit facility to fund its normal course manufacturing and distribution operations. Our acquisition strategy will be executed utilizing a combination of both debt and equity."

Ref: http://www.marketwired.com/press-release/liberated-energy-reduces-debt-nearly-100000-in-the-past-60-days-otc-pink-libe-2031154.htm
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