September 20, 2010 06:07 AM Eastern Daylight Time
Liberty Star Settles Lawsuit by Warrant Holders
The Company has granted to the Plaintiffs a total of 22,098,601 warrants exercisable for three years at an exercise price of $0.10 per share.
As part of the settlement, each Plaintiff is limited to holding at the time of any warrant exercise not more than 4.99% of the Company’s outstanding shares
For the board of directors,
James A. Briscoe, P. Geo.
President & CEO