Liberty Star Announces $10,000,000 Equity Financing Agreement with GHS Investments, LLC

Core Viewpoint - Liberty Star Minerals has entered into an Equity Financing Agreement with GHS Investments to raise up to $10,000,000 for exploration activities at its Red Rock Canyon Gold Project in Arizona [1][2]. Group 1: Financing Agreement - The agreement allows Liberty Star to access funds totaling $10,000,000 over a two-year term, with "put" rights for the funds [2]. - An S1 Registration Statement is being filed as part of the agreement, with terms available in an 8k filing on EDGAR [2]. Group 2: Exploration Activities - Liberty Star is focusing on the Red Rock Canyon Gold Project, which is part of the larger Hay Mountain Project property in southeast Arizona [1][4]. - The exploration work has gained momentum since March 2024, driven by the Chief Geologist's assessment of the property and the need for extensive channel sampling [3]. - The company aims to generate a near-surface gold resource and is optimistic about the potential for future drilling as gold prices continue to rise [3]. Group 3: Company Overview - Liberty Star Minerals is engaged in the acquisition, exploration, and development of mineral properties in Arizona, particularly in regions rich in copper, gold, silver, and molybdenum [4]. - The Hay Mountain property is identified as a premier exploration stage site for porphyry copper, gold, and other commercially important minerals [4].