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Re: Ripdog7570 post# 25882

Sunday, 09/01/2013 9:37:30 PM

Sunday, September 01, 2013 9:37:30 PM

Post# of 156179
And...this is why everyone should keep on doing your DD! I just found this:

First Liberty Power Corp. (OTCQB: FLPC), an innovative and diversified mine exploration and development company focused on "Mined in America" strategic industrial minerals, today announced an amendment to the Special Shareholder's Meeting presently set for July 31, 2013.
"The Board of Directors of First Liberty Power recently approved, and sought to obtain shareholder approval for, two amendments to the Company's articles of association; 1) an increase in the Company's authorized capital from 540,000,000 to 3,000,000,000 common shares, and 2) the authorization for 10,000,000 preferred shares," noted First Liberty Power's Chairman, Robert Reynolds, adding "However, with the Board having received a great deal of well-reasoned, impassioned and constructive feedback from the Company's shareholders on the authorized capital increase proposal in particular, further discussion and analysis was warranted. The Board of Directors ensuing decision was to revise amendment 1) to instead seek approval from shareholders for a more limited increase of 540,000,000 common shares."


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