29 June 2004capital raising announcement▲ Good
Closed the $2 million private placement announced in June, completing Liberty Star's first post-merger financing round.
Announcements, explained
Each one in plain English, with the numbers worked through for a shareholder.
8 June 2004capital raising announcement▲ GoodMajor
Arranged its first outside financing as a public company: a $2 million private placement of units to non-US investors to fund Big Chunk exploration and working capital; also brought in Jon Young of Oracle Capital Advisors as CFO.
5 May 2004asset acquisition disposition● Neutral
Follow-up financials show the mechanics behind the reverse merger: Liberty Star Nevada bought the Big Chunk claim-holding shell for a nominal $2,000, with the real cost -- $313,070 in Alaska mineral claim payments -- funded by short-term promissory notes from third parties that were repaid shortly after.
18 Feb 2004asset acquisition disposition▲ GoodMajor
The Liberty Star Gold merger closed: the company issued 17.5 million shares to Alaska Star Minerals, changed its name to Liberty Star Gold Corp., and installed James Briscoe and Jon Young on the board, completing the reverse takeover announced in January and giving it the Big Chunk mineral claims in Alaska.
23 Jan 2004business combination▲ GoodMajor
Titanium Intelligence agreed to merge with Liberty Star Gold Corp., the private Alaska-focused mineral explorer led by James Briscoe and Paul Matysek, issuing about 46.6% of its stock to their holding company and renaming itself Liberty Star Gold Corp. — a reverse merger turning the dormant shell into a real mineral explorer built around the Big Chunk claims in Alaska.
22 Jan 2004business combination▲ GoodMajor
Titanium Intelligence agreed to reverse-merge with James Briscoe and Paul Matysek's Liberty Star Gold Corp, issuing about 17.5 million shares (46.6% of the combined company) to parent Alaska Star Enterprises -- the deal that turned the Nevada shell into Liberty Star and brought in the Big Chunk Alaska copper-gold-moly project.
25 Apr 2003auditor change● Neutral
While still the shell company Titanium Intelligence Inc. -- before the 2004 reverse merger -- the board dismissed auditor Davidson & Company and retained Dohan and Company P.A. as its replacement.
4 Apr 2003auditor change● Neutral
Titanium Intelligence Inc. (the shell that would later become Liberty Star) swapped auditors from Davidson & Company to Dohan and Company, with no disagreements reported — routine housekeeping a year before the reverse merger that redefined the company.